What do increased grain prices mean for backgrounders?
Backgrounding and stocker enterprises are tight-margin industries. This time of year, we receive several questions regarding supplementing cows and calves. Often, I must ask what feeds are available and what prices are as this is rarely included in the original request.
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If you also a business minded person you may well be looking for other ways to extra money, raising cattle for earnings is an alternative business you can get into. It has great returns of investment especially in the winter seasons.
One simple way of making money from raising cattle is by cattle flipping. When cattle flipping, you purchase cheap cattle, give them food so they gain pounds then sell them at a higher price.
The first thing to do is to purchase the cattle from auctions, cattle magazines or even online. Search for raised or feeder calves that are cheap 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 starting out try to be sure to reduce your expenses. As for housing you may go for simple windbreakers rather than expensive barns. Once your livestock start making you money you may then construct bigger shelters for them.
When it gets to water ensure that you have more than enough for them. A solitary cow can drink about 12 gallons of clean water every day. You may build water troughs for your livestock to drink water from.
Most of the cash you have ready in farming your cows should be invested in pasture. You also have to spend a lot on hay was well, hay helps a lot in the production of meat. Alfalfa works well for meat production.
Corn is recommended when it comes to feeding you cows, cattle just love corn and its great for fattening them up as well. The local feed mill may help in supplying you with well mixed corn. Or else you can buy cattle feeds from your local livestock store.
With these steps you sure will be on your way to farming healthy cattle for income. Other thing you should do is get to know other livestock farmers in your area and discover how they go about making revenue from their livestock.