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    Where do you put your profits?

    No absolutely not saying you have to cheat. My unfair advantage is I live in coal country and I have access to many great neighbors that let me graze reclaimed coal mines for free or little of nothing. Due to my location and set up I have a great jump start to profitability compared to someone...
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    Where do you put your profits?

    What you will notice is people that make good profit on any venture, they're taking advantage of something they have ample amounts of already. They're really good at exploiting their unfair advantage whatever that may be. You will also notice the people with all the purpose and no profits are...
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    Where do you put your profits?

    Yeah most people around me are equity builders and not profit producers. They run their farm like a start up business and pile all the money back in to the farm. Not a bad idea as long as you’re not buying anything that depreciates.
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    Where do you put your profits?

    Just like the headline says. What do you put your cattle profits in to? What has been the most effective money you have spent? For the longest time I put mine in a low cost index fund and that proved to be a solid strategy. Now even the stock market seems top heavy and not a very good value. I...
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    Retaining Heifers in a Hot Market

    All of ours is mixed breeds, colors and what I would just call good solid cows. We buy strictly on phenotype. If she looks good and the price is good then she is a good cow. As long as we've put the the right bull with them our calves have consistently been very close to top of the market. That...
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    Retaining Heifers in a Hot Market

    I don't want to come off and make it sound like I haphazardly run my operation and am just chasing money. With our size heard and farm in Southeast Kentucky comparing me to different areas across the country is not really apples to apples. I do have a plan. I am 34 years old with a 5 year old...
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    Retaining Heifers in a Hot Market

    With prices being what they are instead of keeping back heifers and increasing my heard it makes more sense to me just to sell and create maximum cash flow while the prices are high. Then after as prices start to fall increase my heard back to max capacity. What is everybodies plan going forward...
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