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Beginning ranchers may want to lease cattle
Many young people wanting to get into the cattle business find obstacles hard to overcome but the concept of cattle leasing may be a way to get them started. While not a new practice, North Dakota State University Extension livestock specialist John Dhuyvetter says cattle leasing may be just the ticket for those who don’t have a family ranch. Dhuyvetter tells Brownfield Ag News, “Leasing is usually a step for entry-level people with limited equity and financial borrowing power to make a first step, get some livestock they can work with, hopefully earn some profits and put back into their operation.” Duyvetter gives examples of when that arrangement works and when it hasn’t worked.
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