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Non-Cattle Specific Topics
Coffee Shop
Ashamed of some of my fellow Ontario beef producers
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<blockquote data-quote="Nesikep" data-source="post: 1218599" data-attributes="member: 9096"><p>I think some form of price guarantees would be just as effective... If people are growing their herds, or buying herds now, they're really going out on a limb.. With an insurance type of system you don't guarantee a payout, but survivability if there's a serious crash in prices.</p><p></p><p>A lot of old timers are looking at these high prices as the ideal time to cash in, THAT is where the problem comes from... And that no one can afford to buy a ranch AND cows at current prices, so no one does.</p></blockquote><p></p>
[QUOTE="Nesikep, post: 1218599, member: 9096"] I think some form of price guarantees would be just as effective... If people are growing their herds, or buying herds now, they're really going out on a limb.. With an insurance type of system you don't guarantee a payout, but survivability if there's a serious crash in prices. A lot of old timers are looking at these high prices as the ideal time to cash in, THAT is where the problem comes from... And that no one can afford to buy a ranch AND cows at current prices, so no one does. [/QUOTE]
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Ashamed of some of my fellow Ontario beef producers
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