It depends on your plan. For example - slaughter house beef, you are dependent on the market price. Breeding stock - depends on the demand. At the end of the day, it is a hobby - you can spend as much as you want and enjoy it.
Before my mom died, we had 75-acres and raised registered purebred limousine. They were typically sold at auction and used for breeding stock. We paid a small fortune for a full-blood bull out of Canada, but he more than paid for himself with the additional percentage points of his calves. We normally kept 35-40 mature cows and sold the calves. We had very good pastures and supplemented their feed. This was back in the late 90s, but a typical weaned calf would sell for around $700+. So, it made some money for my mom and stepdad, but once you total the expenses - it’s not as much as you think. It was mostly a high risk hobby, that paid for the equipment and upkeep of the property.
Last edited by Hunting-231; 04/23/18 12:54 PM.