Herd share boarding contracts are private agreements between individuals who collectively own the animals in a dairy herd and the farmer hired to manage that herd. When you purchase shares in a dairy herd and sign a boarding contract to pay for the care and management of your portion of the herd, you are entitled to receive a corresponding amount of the herd's milk production. Buying into a herd share should not be done casually and requires an ongoing commitment to the herd, the farmer hired to manage the herd and the other shareholders.
