Although buying a whole cow seems impossible or daunting or TOO expensive, I on whole cow #4. Many years ago, DH's grandfather was moving out of his house to spend months at a time with each of his 7 children. The whole extended family came to help pack up and distribute items. I got two great items, one was his funky blonde colored kitchen prep table, with a single drawer but Rock solid--middle DD now has that--and his 1972 full sized chest freezer, which finally died HERE in 2004.
Several years ago I picked up a conversation with a lady who raises Black Angus. She is an excellent livestock owner, family has gotten her committed to "selling" to other family members who change their minds at the last minute.
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@baymule, and others here, raising a calf to go the slaughter is at Least a full year commitment. Hard to get stuck holding the $bag when it is resting at the locker and the buyer backs out!
At the time she was almost able to sell me 1/4 cow's worth of hamburger. I had the room for it. The buyer came through and purchased That, But I bought a full cow from her a few months later, all 1,575 pounds (pre slaughter) weight.
We had 3 freezers at that time between my other DD's, who had a 7 cu ft. freezer, I had a 7 cu ft. freezer, and I had bought a new 14 1/2 cu ft freezer. I was concerned that we couldn't have enough room for all of the meat, so we bought an additional 7 cu ft freezer, now in the basement, and it holds ALL steaks, roasts and specialty cuts.
Over the last few years our cost/lb of beef has gone from just over $3/lb to just over $4/lb.
7 cu ft freezers went up a LOT, but they don't have a big footprint, the prices have gone down, and you can store a LOT of meat or anything else in one of them.
It is pretty common for groups of 2 families to 4 families go in for a whole cow and divvy it up.
I believe that the economy will improve next year.
Do some research and look into at least improving your freezer space. We used to buy our beef locally from a grocery store 10 minutes drive away that bought Amish beef. It was pretty good.
If you do get a cow or portion of it or a hog, before sure to carefully pack it in a chest freezer and take pictures!
I have done that I know without looking what is my freezers and where to find it.
Just some food for thought.