Hello all!
I am young farmer (20) who is looking for some tips in investing in cattle. Our family farm is 109 acres, roughly a sixth is heather, most of it is grazing land. We own about 60 animals, mostly suckler cows , 1-2 year old heifers, calves and few 2 year old bulls. Im currently looking to farm part time as i am at university. My father is unable to do physical work due to an illness. This means i do all the work under my father's instruction. The farm was not as big as it once was. We currently are supported by the single farm payment which would help us with investing in our herd size.
I own only 3 calves with my own money, my younger brothers owns abbout 11 heifers and few cows
I want to ask you all two questions
1)On the short term, i have 400 pound to spend, is it worth investing that in calves? if so what age and what breed?
2) On the long term, is farming a good idea for me and my brother considering all the machinery,buildings, land etc are there for my use ready to be used.(once of course the farm is passed down to us)