Changing Grid Premiums and Discounts Due to Underlying Changes in the Fed Cattle Industry
Ohio Beef Cattle Letter
In recent weeks there has been increased attention given to the role of Alternative Marketing Arrangements, commonly referred to as AMA’s, in the fed cattle market. The use of these AMA’s varies greatly by region and some of the more common AMA’s used include grid and formula pricing. AMA’s pay producers premiums and discounts from a ‘… Read More
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If you are a business minded person you may well be searching for other ways to extra money, raising cattle for income is an alternative business you can get into. It has great returns of investment especially in the winter seasons.
One easy way of making money from farming Cows is by cattle flipping. When cattle flipping, you purchase cheap cattle, feed them so they gain weight then sell them at a higher price.
The first thing to do is to buy the cattle from auctions, cattle magazines or even online. Try to find raised or feeder calves that are less costly and free from diseases. To make sure the cows are not sick, try purchasing them from a reputable seller.
The next thing is to prepare for your cows, the things you need to get ready are shelter, pasture, hay, water and other feeds.
When beginning try to ensure you reduce your expenses. As for housing you may go for simple windbreakers instead of expensive barns. Once your cows start making you money you can then build bigger shelters for them.
When it gets to water be sure that you have more than enough for them. A single cow may drink about 12 gallons of clean water every day. You can build water troughs for your cattle to drink water from.
Most of the cash you have ready in raising your cows should be invested in pasture. You also have to invest a lot on hay was well, hay assists a lot in the production of meat. Alfalfa works well for meat production.
Corn is advised when it comes to feeding you livestock, cattle just love corn and its best for fattening them up as well. Your local feed mill may assist in supplying you with well mixed corn. Or else you can buy cattle feeds from your local livestock store.
With these steps you can be on your way to farming healthy livestock for income. Other thing you should do is get to know other livestock owners in your area and discover how they start making profits from their livestock.