We are only new to the cattle industry, and I may get some of the terminology wrong in this post, but I was hoping to explain a few things that I've learnt about the cattle industry in Australia. Broadly speaking, there are three different types of cattle operations. The first is “cow and calf”, where you own a number of cows and a bull, aim to produce one calf from each cow per year, and either fatten the calves or sell at weaning age. This leads to the second type, which is to buy those weaners and fatten them to feed-lot size. Finally, some very dedicated and skilled individuals will chose to run a stud, producing consistent pure-bred cattle, particularly bulls, which may be purchased by cow and calf operations as breeding stock. Each type of operation has its pros and cons and the one that’s best for you will depend on your land, your available time, and knowledge of cattle, and of course you can have a bit of a mixture if you want to. our pen o...