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West Chazy, New York | Your cost for the initial stock purchase will be more than the cost of crop inputs to grow corn and beans, plus you will need some fertilizer for the pasture, especially the first few years. You will have some machinery costs as well (skid steer, spreader, baler, etc.). That said, those costs should be amortized, as they are for things that will last for years, and stock will multiply. The biggest challenge will be the up front outlay. Get through the first two years and the biggest worry will be long term price trends for livestock. | |
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