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If you own a cattle or dairy farm, do you grow your own hay and silage? For a working farm to be profitable i would assume that you would grow your own feed for the...

What items may i deduct for use on my cattle farm? four wheeler, tractor, truck driving back and forth to check them, etc I just started cattle business this year. what may i deduct as exspenses.

Best dairy cattle/showing horses in your opinion? Ok, i'm going to start a hobby farm (possibly small dairy, or show horse ranch.) i need...

I would like to buy a small farm 487 acre price at $780.000. can i get a loan to buy the farm The farm is in need of some tlc and farm equipment.what i need is a loan come to trust me...

Harrassment from mother in law I have been accused three (3) times of stealing, cattle and hay from this women. each time...

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steve8miller

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Submitted 882 days ago...

kbky11

Brain (20,079)

Is it a good time to buy a farm and start in the cattle business ?

Want to go into the cattle business and want to buy a farm and work the farm myself and have good knowledge about this but have to borrow the money right now and pay it back is this a good idea now ?

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Answer 1 / 2 - Submitted 882 days ago...

steve8miller

Brain (6,815)

No not really anymore unless you just plan on supporting your family and doing your own thing. Like eating your own animals growing your own vegetables, milking your own cow's ext. milking your own cow's is a good idea now days because of all the hormones big corporations use. This is why it would not be a good idea, because big business would make it very hard for you to succeed, many people regret going up against them. However I would go with the latter do your own thing, live off of the land, for you and your family, if you have one that is.

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Answer 2 / 2 - Submitted 882 days ago...

Cyn747

Expert (748)

This is a huge endeavor. You say that you have to borrow the money right now. Why? Have you already found a seller and need to make an offer? When you say 'work the farm yourself' do you mean 'me, myself and I', or do you have a family to help you? Everyone knows that it's a buyer's market for real estate.

You say you have good knowledge. Too many questions for me to give you a good answer, but I can give you a website to visit: This is the Farm Service Agency, a goverment site. Go to: www.fsa.gov

Cyn

This answer was edited by Cyn747 821 days ago.

Reason: typo

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