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A tough story and a sign of things to come
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<blockquote data-quote="Nesikep" data-source="post: 1335092" data-attributes="member: 9096"><p>It depends on what you're trying to do with your cowherd.. If you're looking to make genetic progress, then selling out goes against that.</p><p></p><p>I wouldn't say these people *deserved* this.. but it was to be *expected*.. Yes, they had some serious accidents and problems that really didn't help, and I'm sorry that it happened to them.</p><p>But prices aren't THAT low.. they weren't in it for as many "ups and downs" as they'd like to proclaim.. I think if anyone knows what recent bad prices are, Aaron and Bez have been through some of the worst of it.. In about 2005 here I got $.80/lb for nice 5wt heifers, steers were $.85-90... they're still double that here at least, so while I'm certainly not going to make the money I did last year ($3.75/lb for a 385 lb dink or $1440), things could still get a whole lot worse.</p><p></p><p>My view of it is 'steady as she goes'.. Keep the cows you can have, save the money you can, keep a tight grip on the expenses, take the good deals while they're available.. Buying and selling with the market is just another way to chase a fad. I was lucky I sold my calves and cull cows at the perfect time last year.. it was dumb luck.. Lost my shirt on a couple calves I kept over though because they were really young</p></blockquote><p></p>
[QUOTE="Nesikep, post: 1335092, member: 9096"] It depends on what you're trying to do with your cowherd.. If you're looking to make genetic progress, then selling out goes against that. I wouldn't say these people *deserved* this.. but it was to be *expected*.. Yes, they had some serious accidents and problems that really didn't help, and I'm sorry that it happened to them. But prices aren't THAT low.. they weren't in it for as many "ups and downs" as they'd like to proclaim.. I think if anyone knows what recent bad prices are, Aaron and Bez have been through some of the worst of it.. In about 2005 here I got $.80/lb for nice 5wt heifers, steers were $.85-90... they're still double that here at least, so while I'm certainly not going to make the money I did last year ($3.75/lb for a 385 lb dink or $1440), things could still get a whole lot worse. My view of it is 'steady as she goes'.. Keep the cows you can have, save the money you can, keep a tight grip on the expenses, take the good deals while they're available.. Buying and selling with the market is just another way to chase a fad. I was lucky I sold my calves and cull cows at the perfect time last year.. it was dumb luck.. Lost my shirt on a couple calves I kept over though because they were really young [/QUOTE]
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A tough story and a sign of things to come
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