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Mike, there is no debt. I'm looking at diversifying into some other ag. aspects but I want do want to maintain the cattle. There is currently one ranch hand that is running most of the operation. From what I understand they are "grass-fed". Are the margins really that tight?

Long story short I'm being given a 2000acre ranch in S. Florida. They currently run ~500 head of Red Angus and have ~750acres of improved pasture. I have very little experience in raising cattle we had 10-12 black angus growing up but I was never involved in the finance side of things...