Quick Answer: Can You Make Good Money Raising Cattle?

How many cattle should I start with?

Most farmers start off with 2 to 5 cows.

They may not have the money or experience to handle more.

Focus on getting a few healthy cows, then turning them into profit so you are able to afford more.

Sell your products at a local level to get started..

What is the best animal to raise for money?

Raising just a few heads of cattle each year can provide you with a good bonus income since beef and dairy products are always in demand.1 – Cattle. With a massive market for beef in the U.S. and Canada, raising cattle is at the top of the list for livestock. … 2 – Chickens. … 3 – Goats. … 4 – Bees. … 5 – Rabbits.

Can you make money on feeder cattle?

A producer who is buying Holstein stockers that will gain 2 pounds per day and sell for $0.65 per pound in fall can pay up to $1.09 per pound in spring and break even. Daily rate of gain has an important impact on the profitability of the operation.

Is it profitable to raise cattle?

Beef cattle are generally the most profitable and easiest livestock to raise for profit. Beef cattle simply require good pasture, supplemental hay during the winter, fresh water, vaccinations and plenty of room to roam. You can buy calves from dairy farms inexpensively to start raising beef cattle.

How much can you make selling cattle?

Based on the 2019 budget, slaughter cows (1,200 pounds) are expected to average $50 per hundredweight, while 550 pounds steers and 520 heifers are expected to average $145 and $130 per hundredweight respectively.

How much do ranchers make per cow?

Most ranchers go to the bank every year to borrow the money to operate until the calves are sold in the fall. In bad years he falls behind in his repayment, and in good years he catches up. Now let’s look for a while at our income. We’re hoping for a 600 pound calf….The Economics of Ranching.Cow$154Total$756 per head cost per cow5 more rows

What breed of cattle is most profitable?

What breed of cattle is most profitable?Angus: This is the most popular breed of beef cattle. … Highland Cattle: Though they are not as popular as they once were, they are still in demand by people who know love their meat. … Hereford: They can survive in almost all climatic conditions.

How many cows can I put on 10 acres?

You may have heard a rule-of-thumb is that it takes 1.5 to 2 acres to feed a cow calf pair for 12 months. That means we should be able to have 10 to 13 cows. Let’s see how this rule-of-thumb holds up. It looks like our rule-of-thumb held up pretty good, 11 cows on 20 acres, is 1.8 acres per cow.

Do cattle ranchers make money?

Cattle ranchers earn almost twice as much as the average American worker, but their jobs are also physically strenuous. Income and profit fluctuates from year to year due to shifting overhead costs, government subsidies and public policies regulating the beef industry.

How can I make money with 10 acres?

Ways to Make Money Off Your Land Almost ImmediatelyRent plots to groups looking to build a community garden. … Start blogging about your newest farming adventures. … Sell local honey at farmers markets. … Sell plant seeds online. … Offer indoor or outdoor storage. … Create fishing lakes or ponds for local fisherman or groups to rent.More items…•

How many cows do I need to make money?

Rabo AgriFinance relationship manager Matt McKamey from Montana says a ranch that can support the labor and management of one family unit is in the 300- to 500-cow range. For example, say it’s 300 calves, sold at 550 pounds at an average of $1.60 a pound (all conservative numbers).

How long does it take to raise a cow for slaughter?

It will take over a year (367 days) to grow a 500-pound calf to 1,000 pounds if its average daily weight gain is 1.5 pounds per day. Some exten sive forage-finishing systems may require a longer duration for calves to reach slaughter weight if forage quality and quantity restrict growth to no more than 1 pound per day.