harris25
Member
Thinking about getting some cows on shares. Wondering what the different types of arrangements are and if it is worth it?
oldblood said:Haveing cattle on shares is the highest interest rate you will ever pay. even if you do 40/60% you are paying 40% interest. You are better off renting out your pasture. But if you want to do shares I will sent you all the cows you want. The guys I know that make the most money on cattle are the guys with cash in hand, buying cows & sending them to someone on shares. They are getting obout a 30% return on investment in 6 to 9 months, without death lost.
Northern Rancher said:There's a couple outfits have a few thousand cows out at any one time-it must be working for them as they keeep expanding. Some kids take the parents cows on shares for a few years as they phase into retirement. I guess it is as good a deal as you make it sometimes bankers aren't exactly twisting your arm to give out cow loans usually it's right at the point in the cycle they should be.
oldblood said:Haveing cattle on shares is the highest interest rate you will ever pay. even if you do 40/60% you are paying 40% interest. You are better off renting out your pasture. But if you want to do shares I will sent you all the cows you want. The guys I know that make the most money on cattle are the guys with cash in hand, buying cows & sending them to someone on shares. They are getting obout a 30% return on investment in 6 to 9 months, without death lost.