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Stirring the pot on the LH/corriente topic
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<blockquote data-quote="rocfarm" data-source="post: 1838066" data-attributes="member: 42715"><p>Well, if you can buy a bunch of beef cows during a drought for 600 a head or Corrientes for 350, I'd say go with the beef. But if the beef are 1000 and the Corrientes 450, I'd say go with the Corrientes.</p><p></p><p>But yeah, of course work it out on paper, consider the total cost, expected return, profit risk profile of what you can accept, danger level you want to accept, how much time you have to mess with it, and where you want your program to end up. If you are not going for superior genetics, cheap and flexible seems the better road to me.</p><p></p><p>My record on business is about 60/40, so I do ok. Still learning. I know I 1) Got lucky to buy my place before the pandemic, 2) Got lucky to have a drought happen right when I was building a herd.</p><p></p><p>Seems a lot of life is about timing.</p><p></p><p>But I wouldn't wish a drought or pandemic on anyone, either.</p><p></p><p>And, yes, I like trolling YouTube in my spare time to see what others are doing and also watch videos about cattle. And Google Scholar has some good research on forage that can help you get a handle on what you can expect from the forages on you place. And I was able to download the NRCS soil survey for my county. Even locals don't seem to know about their own soils sometimes, which seems weird to me.</p><p></p><p>But it appears, at least up to this point, we have a good shot at success on the cattle. Hoping to pay myself back for all funds invested by 2025.</p><p></p><p>Also saw a news report the other day that says farms and ranches are thriving post-pandemic inflation. Income up by like 30%. Hope it lasts. It's about time. The industrialists have used economic tricks to underpay the American rancher for a good while. Needs to swing the other way for at least 5 to 8 years IMO.</p></blockquote><p></p>
[QUOTE="rocfarm, post: 1838066, member: 42715"] Well, if you can buy a bunch of beef cows during a drought for 600 a head or Corrientes for 350, I'd say go with the beef. But if the beef are 1000 and the Corrientes 450, I'd say go with the Corrientes. But yeah, of course work it out on paper, consider the total cost, expected return, profit risk profile of what you can accept, danger level you want to accept, how much time you have to mess with it, and where you want your program to end up. If you are not going for superior genetics, cheap and flexible seems the better road to me. My record on business is about 60/40, so I do ok. Still learning. I know I 1) Got lucky to buy my place before the pandemic, 2) Got lucky to have a drought happen right when I was building a herd. Seems a lot of life is about timing. But I wouldn't wish a drought or pandemic on anyone, either. And, yes, I like trolling YouTube in my spare time to see what others are doing and also watch videos about cattle. And Google Scholar has some good research on forage that can help you get a handle on what you can expect from the forages on you place. And I was able to download the NRCS soil survey for my county. Even locals don't seem to know about their own soils sometimes, which seems weird to me. But it appears, at least up to this point, we have a good shot at success on the cattle. Hoping to pay myself back for all funds invested by 2025. Also saw a news report the other day that says farms and ranches are thriving post-pandemic inflation. Income up by like 30%. Hope it lasts. It's about time. The industrialists have used economic tricks to underpay the American rancher for a good while. Needs to swing the other way for at least 5 to 8 years IMO. [/QUOTE]
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