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A herdshare is a contractual arrangement between a farmer and an owner of livestock - the shareholder or member - through which the shareholder is able to obtain raw milk, meat, offal and other profits of the livestock proportionate to the shareholder's interest in the herd. [1]
Sharemilking contracts typically run from 1 June to 31 May; when sharemilkers take up new contracts, the herd is often shifted on what is known as "Gypsy Day". [2] The model is not exploitative, and over time, sharemilkers often slowly buy out the landholder, or alternatively use the system as a method to save for their own property. [3]
Sharemilking is the application of the sharefarming concept to the dairy industry; it is particularly common in New Zealand but is not unheard of elsewhere. The specific arrangement to which the term sharemilking is understood (via synecdoche) to apply is less ambiguously known as herd-owning or fifty-fifty sharemilking.
A cow calf operation is a method of rearing beef cattle in which a permanent herd of cows is kept by a farmer or rancher to produce calves for later sale. Cow–calf operations are one of the key aspects of the beef industry in the United States and many other countries. [1] In the British Isles, a cow–calf operation may be known as a single ...
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An open range sign along the Interstate 10 Frontage Road in southern Arizona.. Where there are "open range" laws, people wanting to keep animals off their property must erect a legal fence to keep animals out, as opposed to the "herd district" where an animal's owner must fence it in or otherwise keep it on the person's own property.