Casey IL. ( I -70 ) then south on rt.49 | If you raise your own feed then why is it a cost to you to feed it.
On here befor there has been question ask about how much you can make feeding calves out.
The answer usually come's back as not much. But if you raise your own feed then the only expense you can really show is what it cost you to raise it. ( RIGHT )
Now some are going to say you could sell it for this much, Yes you are right, but you are problably using a price after the fact and you did not sell there for thinking it was going higher.
If I raised it and fed it then I still sold it right so some where it has to show as income not expense, you never bought it.
So the real question ( to me is ) did you do better marketing your corn or feeding what you raised over market or under market. Remember be fiar about how good you sold the grain you did not feed.
Now for those that want to feed cattle go for it I say there is more money it then meets the eye.
Every one once to put a cost on it an old barn standing on your ground your not using and paying taxes on it. ( that costing you ) But now you put cattle in and now you want to depreciate it. Why what was it doing standing there.
I am sorry but some one please staighten me out.
Yes I like cattle and always have so I am going to feed my corn and hay to cattle and that is how much I made on my corn this year.
Pick it apart guys I am here ( try to defend my point of view the best I can.)
This has all come about because my banker expenses my feed at market price but does not show any income from it in the sale of cattle.
How do you expense something you never bought in the first place. |
If you raise
