The FSA loan required a 10% down payment, or $13,000. The Thills paid the down payment from the $40,000 profit resulting from the sale of their 10-acre farmstead.
They used the remaining money to make the down payment on a second low-interest loan used for building their new home.
If YES, here is a complete sample cattle rearing business plan template & feasibility study you can use for FREE.
Okay, so we have considered all the requirements for starting a cattle farming business.
“We’re very fortunate to have the support of my dad, Amy’s family, and great friends and neighbors.
Are you about starting a cattle rearing farm for beef?The industry is projected to enjoy 3.1 percent annual growth.If you are looking towards leveraging on the agriculture industry to generate huge income, then one of your best bet is to start cattle rearing business.But growing up on 3 acres with no natural prospects of getting either cows or land, Bryan had to be creative to live his dream.Luckily, he found a spouse, Amy, who shared his hopes.You will need to have the following information; your marketing strategies and plans, how you plan to source for funds, the various strengths and weaknesses that you may have and what have you.The agricultural industry of which livestock farming or better still cattle rearing is a subset of is no doubt among the leading industry in most countries of the world; it is the industry that produce food for the populace and raw materials for industries.“Before we bought the new farm in 2005, Amy and I didn’t think we were ever going to get a chance to expand our cow herd,” says Bryan.“It was nice to be able to buy more land near our farm.Cattle rearing is of course a thriving and profitable business because usefulness of beef and other by products from cattle.People eat beef, drink their milk, and use their fur and skin.