Contamination of one animal can lead to the contamination of countless pounds of meat, and in today's consolidated meat market, an issue at one center can impact the whole country. In 2010, the conditions at 2 Iowa egg business triggered a recall of more than 500 million eggs potentially polluted with Salmonella. profitable livestock farming.
Ranching is easy right? All you need to do is see the cows eat grass and make you cash (best farm animals to raise to make a profit). Wrong! Many people dream of doing it, and if it was that simple everybody would be doing it. So lets take an appearance at the economics of raising cattle and see why all ranchers aren't driving Cadillacs - raising livestock for profit.
The rate of a cow varies commonly depending on a variety of aspects including her size, her age, the existing cost of feed, whether or not she is bred and for how long you will have to feed her till you have the ability to offer her next calf. As I compose this in the fall of 2007 cattle costs are near record highs.
Lets just take the average expense of a typical cow that is bred to calve in the spring and call her $1300. To calculate the annual cost of purchasing that cow will take some figuring. There is the annual payment to the bank, which consists of principle and interest; there is death loss; and our salvage worth when we sell her will be less than half of what we paid for her (profitable livestock farming).
5% interest and 2% death loss, our payment for the cow will be about $154 per year. And now we need to feed her. In my part of Montana we intend on feeding hay for 5 months out of the year. The cow will eat half a ton monthly, and this year the hay is going to cost a minimum of $90 a lot.
Grass is more affordable. It will only cost $20 a month for the other 7 months of the year thats $140 each year for turf. As you can see, our costs are currently including up. We have actually $519 invested in this cow for the very first year, and we don't have a calf yet.
The yearly expense of his purchase has to do with $734, however we will use him on 20 cows, so it will cost us $37 per cow to own the bull and another $23 per cow in feed expense for that bull. So $60 to get the cow bred. Now I do not learn about you, but as much as I enjoy the company, I have actually to get paid for my time.
Were asking for 7 days a week of feeding, and some long days through calving time, so lets pay him $25,000. And our costs for workmens compensation and Social Security will run nearly 50% more. That amounts to $150 per cow for labor. And of course we have to have a pickup to feed with.