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EPDs - Just Out
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<blockquote data-quote="rocfarm" data-source="post: 1784719" data-attributes="member: 42715"><p>Don't really know how to answer that one, except from the beginning I have tried to calculate what I think any farm work actually cost me in terms of opportunity cost. I know some amount of hobby is involved, but when I purchased the place about 5 years ago I also thought that I should be making money. Rested the place for about 2 and 1/2 years because of previous drought and grazing stress.</p><p></p><p>I later tried to lease it but was a bit dissatisfied, then decided to try my hand.</p><p></p><p>So far everything I've purchased, including the land, tractor, and other equipment are worth as much or more than I paid for them.</p><p></p><p>And when I fix my road or the tank or mow with my tractor, I work out how much I spent on that project, including my labor. I want to know what things really cost.</p><p></p><p>Just kinda feel the cattle side should work the same way as well.</p></blockquote><p></p>
[QUOTE="rocfarm, post: 1784719, member: 42715"] Don’t really know how to answer that one, except from the beginning I have tried to calculate what I think any farm work actually cost me in terms of opportunity cost. I know some amount of hobby is involved, but when I purchased the place about 5 years ago I also thought that I should be making money. Rested the place for about 2 and 1/2 years because of previous drought and grazing stress. I later tried to lease it but was a bit dissatisfied, then decided to try my hand. So far everything I’ve purchased, including the land, tractor, and other equipment are worth as much or more than I paid for them. And when I fix my road or the tank or mow with my tractor, I work out how much I spent on that project, including my labor. I want to know what things really cost. Just kinda feel the cattle side should work the same way as well. [/QUOTE]
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