Rarely, do you see sale barns going out of business because of lack of profitability. Everything is stacked against the small operators. Very educational video. Great job.
very informative, you did okay but I was wishing for more. Thanks for your honesty, hope you do better next time, love you mate .you did put a lot of work into those animals, stay safe and good luck next time. Hugs
Isaac, I fully enjoyed this. The people saying to figure your labor are wrong. You only HAVE to figure out labor if that is a n expense that you are paying someone else to do. You made a profit each year so your experiment was a success. Also, if they want a fair cost analysis vs profit, you'd have to include your expenses for gopro's and profits received from RU-vid. Essentially, you were paid twice for your efforts. All in all, it's really difficult to put a price on something that made you feel pretty damned good, right? Phenomenal analysis overall and I would do this every year if I was in a position to be able to raise hogs and bottle calves. Thank you for being so honest about profit and expenses.
Regular hourly jobs have to account for vacation sick & holiday pay insurance etc. Years ago at a job everything was expended out for regular 40 hour weekly pay so it cost the company less per hour for time & a halve overtime. Of course cheap bosses never took this into account. At the phone comoany years ago while performing a 3 year switchover it was cheaper to have men work 57 hours a week ( 17 hours a week OT ) then to hire more help.
Always enjoyed your videos. Hope to see more, but you have to make a living to. You're a good young man. Thank you for working, when a lot aren"t, although they maybe could. Wish you the best!
Very informative video. At least you seem happy with what you were doing. You have a great attiude and seem pretty smart about what you do. Just wondering what kind of full time job you do.(Not too specific-I respect your privacy).
Awesome to hear you made money! Moving forward, beef cattle sounds like a good plan. Hope the sheep come through. Are you going to raise pigs again? Your car is cute hahaha stole the vlog when I first saw it’s shadow and you said the cat jumped on your lap hahaha.
Super late to this video - we watch our calves sell in February of this year and they put "short" on one of our calves that weighed similar to the rest. Nothing wrong with him, they just said "short". We got ripped off, you most likely got ripped off. I later heard of it happening to a few other producers at the same barn. It is a bit unfortunate.
I’m going for my first two bottle calves this week. Hope I can save them. Is it generally a big risk? I’m going for a strong one even if it’s more- they are going 15$ each here….
Good video to start with sheep I wood section off five 1acre paddocks then start with 10 ewes and a ram then sell your ram lambs and runt and invest in more ewes and invest year ones money in buying 5-10 new ewes a year to go which your exiting ewes and home raised ewe lambs in 3-4 years you will have a mob of 50 ewes if you keep up this plan for first 3 years buy year 4 you should be able to keep all your profits and just focus on that years ewe lambs growing for replacement .also buy the best ram you can afford especially year 2 and 3 as you will have more ewes and it will be more crucial year one its not a huge deal but buy a good looking one that will complement your ewes ..
It all depends on your cost per lb of gain. With high corn prices you might be better off selling at a smaller weight and getting more $ per lb than selling at 600lbs. Cuz it may cost you more to get to 600lbs and you might not profit as much. You’ve got to do the math and check your local prices at the sale barn. Who knows, you might be better keeping them till 900lbs
I think that is great and awesome I’m so proud of you and wish we could be friends and be able to message you at least hopefully we can meet to sometime bud