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Re: Dairy farm at my age?
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Posted by JF on October 09, 2003 at 02:37:02 from (67.232.144.254):
In Reply to: Dairy farm at my age? posted by Larry on October 08, 2003 at 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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