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Dairy farm at my age?

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Larry

10-08-2003 19:10:59




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I always wanted a dairy farm! I was raised on a 7 acre piece, my dad had 2 cows and a few hogs and worked for the railroad. Got rid of the animals when I was about 6. I've got my own 7 acres near Chicago and an excavating business that I'm getting tired of. I know that there is a lot of you gents that are still working in your "golden years" and was wondering if I'm crazy, as some have alluded to or if I could make the grade for 5 or 6 more years. Just turned 61 in Sept. The trouble with life is that when you got the money, your to damned old to do anything with it!
Life is like a carnival ride; the wait in line is too long and the ride is too short! Smiles to you all... Larry

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bob a booey

10-13-2003 19:47:00




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
its a good way to get rid of excess money anyway



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Matt

10-10-2003 17:39:20




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
Well, here's my perspective from a 33 y/o who works all day in a professional (supposedly :) ) office...but owns 12 acres of woodlands slowly being returned to the pasture they were 50 years ago...

Goat v. Cow dairy...it takes just as much labor to milk a goat as it does a cow. If you have a local market, great otherwise it's not something that's ever appealed to me (despite my lactose intolerance!!!) One idea I've seen is to use the Goats as a milk source for veal.

Anyway, small acreage pretty much hobby farm, semi-retired so I'd assume you'd probably like time off to travel occassionally, etc.

What about breeding a small number of cows for spring, let them graze on grass. Maybe make a deal with a local dairy farmer -- they buy replacement heifers when you have them, you buy their veal calfs. Raise the veal calfs on a combo of grass & surplus cow milk during the summer & early fall. Sell off the veal calfs, send any young heifers to the dairy farm's herd, and dry off the cows for winter so their feed needs are lower. If you have surplus feed/acreage than the cows need, keep some of the veal calves and turn them into steers.

Not much labor need for Winter, come summer if you want a break hiring someone to run a small portable milk machine and feed the veal shouldn't be that overwhelming.

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Thanx for all the posts!A

10-10-2003 06:25:47




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
Appreciated all the interesting posts. I am in the process of trying to decide what will give me the most satisfaction in the future; it's a tie between a dairy farm and a divorce! After all your posts AND last night, the divorce is in the lead!!! What's the old saying??; anything with ti*s or wheels is SURE to give a man problems in his life!!
You folks have been GREAT, thanx for the posts..... ....Larry

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Hal/WA

10-11-2003 21:46:47




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 Re: Re: Dairy farm at my age? in reply to Thanx for all the posts!A, 10-10-2003 06:25:47  
The dairy would probably end up being cheaper than a divorce! But probably more work. Or maybe not..... Could you think of a third choice? I never run out of things to do in my retirement, which is something to look forward to, IF YOU CAN AFFORD TO RETIRE. A divorce at your age would probably really put a monkey wrench in any such plans. Good luck.



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Allan

10-10-2003 06:33:58




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 Re: Re: Dairy farm at my age? in reply to Thanx for all the posts!A, 10-10-2003 06:25:47  
Larry,

Oh Gawd!! Been there and done that one too.

Can't recommend this to anyone; period.

Allan



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Jerry/MT

10-09-2003 19:30:14




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
Larry, I'm also 61 and I worked as a propulsion engineer & engineering manager for a major aircraft company for 34+ years and I always wanted to ranch. I've had small ranches for over 25 years and my wife and I are now developing a small cattle ranch in Montana. I believe that you can do whatever you really want to do. Having said that, you need to look at the investment side of things and realize what you are getting into financially. There is a lot of up front investment in agriculture and the best you can hope for is a 4-6% ROI(Return on Investment). So you gotta' be doin' it for the lifestyle 'cuz you kin' put yer dollars in some pretty solid investments and make more than 4-6 % without lifting a finger or rollin' the dice with weather and markets, to say nothing of government regulations and the sheer physical labor involved.Knowing all of that, I still did it and I have no regrets. Take that back, I do have one. I shoulda' done it sooner! Make an informed decision and it'll be the right one. Good Luck!

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Jake in NY

10-09-2003 19:28:23




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
So you want to start a dairy farm, huh? Good idea. I am in the process of starting my own and I have one major piece of advice for you. Graze. It will save you so much money. It can keep your production costs down low enough that you can be profitable, and make a decent amount of money, while only milking 20-30 cows. My goal is to have a cash cost of production of around $5/cwt. Sound unreasonable? I know of at least two farms in WI that have lower COPs. Also, as much as we all love driving our tractors, having your crops custom harvested will save you a lot of capital investment, as well as save you a TON of headaches. Not to mention, it frees up a LOT of time.

Check out graze.com for a great publication with plenty of good ideas about making cheap milk.

Also, look into low cost swing parlors to save your body from the rigors of pipeline milking.

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Nebraska Cowman

10-10-2003 04:00:34




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 Re: Re: Dairy farm at my age? in reply to Jake in NY, 10-09-2003 19:28:23  
jake, I'd like to see your figures. Just off the top of my head you are going to have over $3 intrest on investmemt in cattle and milking facilitys alone.



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Allan

10-10-2003 05:19:58




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 Re: Re: Re: Dairy farm at my age? in reply to Nebraska Cowman, 10-10-2003 04:00:34  
Hi All,

Yes, and the thing that keeps running thru my mind is the land.

7 acres will just about be room enough for the barns, sheds, bins, calving facilities, corrals, and your feed storage, not to mention all the equipment that will have to be parked somewhere.

So, we have to think about the additional 300 or so irragated acres to raise the feed for these darlings, because buying feed just will not pencil out and pulling 100lbs out of a pasture feed cow is questionable at best.

If you look at 50 hi-quality bred heifers to start, this all seems like a very steep uphill road for many, many years to come.

Also, have we priced the cost of the AI lately and are you able to get a contract with a milk company?

How about the water? It will cost somewhere around $7K just to get the water supply to state code for Grade A production.

Interesting thread you have going here, Larry.

Allan

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ChrisL - try goats

10-09-2003 18:17:36




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
something to think about - they don't take the amount of feed, they are easier to handle, and since you live next to a large city where there is a need (a lot of kids that are allergic to cows milk and other sick kids have to have goats milk) = also much less gov't regulations, etc, could also experiment and make cheese.....



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Nebraska Cowman

10-09-2003 18:01:44




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
I don't know what to tell you larry. No, you are not too old to start a new venture but I milked cows in the 70s when milk was $2 higher than it is now and imputs have gone up 10 times. I came out here in 1989 with $8000 and a 4 year old car. Now I am set up on my own place running about 150 mother cows. I sell the calves at weaning and never look back. Sure, when the snow is blowing and it is below zero I long for that nice warm barn, but then the sun comes out and I soon forget all that. I love this life but The calves milk the cows, the wind pumps the water and the cows harvest their own hay and spread their own manure.

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Larry

10-10-2003 06:12:04




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 Re: Re: Dairy farm at my age? in reply to Nebraska Cowman, 10-09-2003 18:01:44  
Thats pretty interesting! And I hand it to you for your accomplishments. What do you feed in the winter? Do you just bale , or do you plant and put up silage?, and who buys, mostly dairys or meat houses too.
Thanx for the post. Larry



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Alvin NE WI

10-09-2003 17:16:54




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
If you want to milk cows, go right ahead BUT remenber that they need to be milked 2 times a day including weekends and Christmas, News years and the rest of your long weekends. No more time to take a lomg weekend and go up north on a fishing trip. I do not believe you will be able to keep very many cows on 7 acres and it will also depend on your neighbors and right to keep cattle in your area.



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Roy B

10-09-2003 09:51:42




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
Larry;
If your finances and health permit you to work towards having the farm you really want, then don't let all the nay sayers get you down. We are all a long time dead, so enjoy your success while you can. I work a good job that I really enjoy, but I would retire tomorrow, if I could still afford the farm. Good Luck Roy



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stan

10-09-2003 08:55:22




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
Your age is just a date on the calender. I am also 61 I have a full time job working nights, and have a discing and mowing business I do during the day. My dad farmed all his life, and worked until he was over 80. He passed away 10 years ago at 85. Dont let the age thing stop you form doing something you want to do. Cant comment on the dairy business.



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RichZ

10-09-2003 08:53:52




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
If that's what you want to do, go for it, and give it a try, or you'll always regret it.

I'm 49 and my wife is 50, and we're in the process of starting a dairy goat farm.

Good luck!!

Rich



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dDieselrider

10-09-2003 10:00:03




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 Re: Re: Dairy farm at my age? in reply to RichZ, 10-09-2003 08:53:52  
Goat milking would be the way to go as long as you have a market for the milk. I considered that myself once but, I didn't want to do all the marketing and hauling and all.



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Steve W

10-09-2003 05:57:56




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
I haven't made it financially quite yet, but am close. But my thoughts of farming are similar to yours, except having worked on dairy farms as a kid, hated milking. I always remember in 77 during the blizzard (I grew up in the snow belts of Buffalo) I had to milk a herd of about 120 cows for 10 days because the owner and the hired hand couldn't get in. Another kid (I was 16) and I would just finish milking, and unfreezing pipes when we'd have to trn right around and do it again. Cured me on that dairy thing.

But I still really love tractors and stuff....started in the hay business. It'sprofitable if you sell to horse people (they are all nuts), and you get a fair amount of seat time. I got a few Herefords (as my wife says, expensive yard ornaments) to say I'm a farmer, and someday, I may get more. But I don't kid myself about ever making a profit on beef, just hay. I'll probably always look at farming as a good hobby.

I also think 61 is young these days. By the way, I co-own this company.

www.insitesoftware.com

Take Care
Steve

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Allan

10-09-2003 06:43:42




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 Re: Re: Dairy farm at my age? in reply to Steve W, 10-09-2003 05:57:56  
Steve,

I agree. A horse will eat all you can throw in front of him and its 'horsy' owner will buy, pay the highest prices & haul all the hay you can raise.

Larry,

Pick up another 10 acres and put your money into raising grass hay. You'd have a good time & make some bucks going this route. Put the "$500,000 dairy money" to work drawing interest.

Just an opinion,

Allan



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Jimmy King

10-09-2003 05:42:44




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
Larry I will be 62 in Nov. I was raised on a dairy farm in SW Mo. My Dad built the grade A barn in 1953 had daired all of his life. I left the farm in 1963 and returned in 1971. We milked 40 to 70 head of Jerseys Dad died in 1986 I milked until 1996 I sold my cows and rented out my pasture. I can tell you at 55 the hours I was putting in were telling on me. I proably would not have quit if I had been making any money, But I decided I had to build some retirement, and will have to work several more years. It is a seven days a week job. As the other post have said I would suggest you work for someone a while before you invest 100,000's of thousands of dollars.

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Allan

10-09-2003 05:37:49




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
Larry,

Been there, done that for many, many years.

With every ounce of respect for you, your dreams and what you want to do, I think you should think this over very, very carefully.

Just my 2 cents,

Allan



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Hit the lottery

10-09-2003 05:16:19




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
There's an old story, maybe true, maybe not, and if not, it could be.

An dairy farmer hits the lottery for $10 million. The reporter asks him what he plans to do with all that money. The old farmer replied, "I guess I'll just keep dairy farming until it's all gone."

Having been raised on a dairy farm, I agreed with the fella who suggested you should go work on one for a while before you set up your own. It's a hard life no matter how money you have.

Now days I prefer my cows on a plate medium well.

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Dieselrider

10-09-2003 04:31:49




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
Larry,
I have a friend who was raised on a farm milking cows until his dad sold the herd when he was a teenager. My friend raised beef on the farm and worked at a factory with me for 20+ years. He always said if he could do it all again he would have stayed milking cows. In 2001 they announced that the plant was closing-more of our gift of NAFTA. He built a new milking parlor and new milk house and got everything set up. He started out with twenty or so head of Jerseys and planned on keeping everything small tokeep overhead down. After all that planning and preperation I was suprissed to hear that he sold the cows after three weeks and losing twenty pounds (wasn't a big guy to start with). He found out he hated it, after all the preperaton. If you want this bad enough it's your time and money but, I'd do as the others have suggested and work on another dairy for awhile and wet your feet that way first.

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Badger

10-09-2003 03:59:08




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
I believe it comes down to just how bad you want to do it and if you have some disposable income that you could afford to lose. I mean if it's something that your constantly thinking, dreaming and schemeing about you almost have to give it a shot otherwise I think you'll regret it when it really is too late.



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JF

10-09-2003 02:37:02




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
your kidding right. I would think long and hard about this one. Why? dairies are very labor intensive-no such thing as time off for someone who actively manages and is involved in the daily operation of a dairy. Second the investment level is quite substantial- cattle, land , machinery, FEED costs etc. Third-milk is at an absurb 12 dollars a hundred, barely enough to cover production costs. In essence you will be working for free and tying up finaicial resources that could be utilized for a greater rate of return in other business endeavors. The best idea was mentioned earlier find a dairy and work on it for a while- it will give you practical knowledge and allow you to learn if its right for you. If you want to do it as a hobby-good for you. As long as you know you will be working for the huge processing and retail giants. In short many people pull tractors and never show a dimes profit, even losing money(hobby). Good luck!

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Hal/WA

10-08-2003 20:42:18




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
When I was a kid, we had a little hand milked dairy operation of 3 to 5 cows. We sold strained whole milk to half the families in the neighborhood and separated the excess to sell the cream to a local creamery. The rules allowed selling raw milk at that time and location if the customers came to the farm to pick up the milk. Our little dairy and cow and calf beef operation made some profit on 160 acres. But we worked very hard and could never take the whole family on a vacation together because somebody had to stay home and milk and tend to the customers.

A lot has changed in 40 years, but the constant responsability of milking twice a day has not change much at all for dairies. Most of the small operations in my area have gone out of business in the last 20 years because they can not make a decent enough profit with the milk price as low as it is. And increased regulations have also been part of the reason that the small, established dairies are gone.

I am retired and like to think about the good times when I was a kid, but I tend to not recall the bad times. The fact was, my parents worked me extremely hard and there were LOTS of times that I really didn't want to go out and do my chores. But that life was what I grew up with and knew. I guess I didn't know any better. I don't think I missed milking when I was supposed to more than 3 or 4 times from the time I was 12 and my Dad started working swing shift, and when I was 18 and went to college. I did it unless I was sick in bed and most of the time, even then.....

You might want to try to find employment at a dairy for awhile, if there are any in your area. You might enjoy it, but I think that before very long you would get tired of it. And getting the experience that way would be a whole lot cheaper than setting your place up to legally operate as a dairy. And your wages at somebody else's dairy would probably be much more than you would ever earn with your own operation. Does this sound pessimistic? I think it is realistic.

But maybe you need to follow your dream. Plan on constantly working very hard. Good luck!

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Dean Barker

10-08-2003 20:26:25




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
I would do it if I were you. I'm a retired engineer and farming 360 acres of corn and soybeans and enjoying almost every minute of it. I downhill ski a lot in the winter time and tinker with my machinery and tractors and cars in between. Have fun!!



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Dieselrider

10-09-2003 10:04:15




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 Re: Re: Dairy farm at my age? in reply to Dean Barker, 10-08-2003 20:26:25  
You wouldn't have time for skiing or playing with hobbies if you were milking cows rather than raising crops. Cows are a twice a day 365 day a year job and you don't take time off.



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Wayne

10-08-2003 20:23:41




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
We've got a good friend who's 87 that is still farming. He's got in the neighborhood of 70 cows plus calves, along with close to 200 acres that he tills, plants, mowes, and bailes right by himself. Bad thing is he has grown children and older grandkids who couldn't care less about any of it right now, and from what I understand barely even know how to start one of his tractors, much less do anything with it. The land has been in his family since before he was born, and where it's situated is now right beside an off ramp from a new interstate outer loop. The area around it is already beginning to sprout a grocery store, etc, etc etc with more to come....you know the story..... He told me the other day that he knows that his kids and grandkids will be well taken care of when he's gone, and he's happy for that, but that considering the way they were about the farm that in a way it bothered him too. He said that he and his Dad had worked their tail off with the origional dairy (closed for years now) and farm for so many years and would never really see anything from it except alot of sweat and caloused hands, while the kids would be on easy street by doing nothing more than selling it when he's gone. So, Larry, 61, 71, 81, it doesn't matter what age you are, if it's something you want to do and you can handle it, go for it. In the end it's only money, so you might as well spend it on something that will keep you happy while your here, because you sure can't take it with you when your gone.

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Brutus

10-08-2003 19:48:08




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 Re: Dairy farm at my age? in reply to Larry, 10-08-2003 19:10:59  
makes a whole lot of difference if you want to buy a large dairy with hired labor,or a small dairy and do most of the work yourself.
-brutus-



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