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Better to embryo transfer or buy super females???
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<blockquote data-quote="angus9259" data-source="post: 585611" data-attributes="member: 7398"><p>Making money is not a prequisite for being on the board.</p><p></p><p>I recently went to seedstock after 15 years in commercial - I wouldn't EVER recommend doing it differently. The investment was $60,000. Considering the cost of capital, it may be some time before I make money. But before I spent a dime for that, I had a business plan for how I would market what I produce.</p><p></p><p>By way of demonstration - there was an EXAR cow that sold for $6000 at the boyd sale and a Fox Run cow that sold similarly. Guess who bought them? Express ranches bought the EXAR cow and Fox Run bought the Fox Run cow. I have no proof of this, but I'll bet Boyd bought that animal as a heifer calf off the farm for . . . $6,000. In the end, nothing was really sold, but it looks like you could get $6,000 for a cow. However, EXAR can now market a cow to you that had a $6,000 valuation last year when the only reason it had that valuation was because they bid it up.</p><p></p><p>I'm not saying there isn't money in seedstock, but EXAR will never buy one of my cows and, even if they did, I would have had to buy one of theirs first so I have a different "market". </p><p></p><p>When you buy a business, before you purchase a "production unit" (which a cow is) you have to know who will buy your product and how much they are willing to pay. In your case, it seems you're investigating production units before knowing who will buy the product and why they will buy from you. The cart may be before the cow so to speak. That's what I hear this entire thread warning you against and you keep pushing to know what production unit to buy. They are wisely trying to shift your focus. You may certainly decide if you allow that to happen.</p><p></p><p>In the meantime, I haven't given up my day job. 90% of farmers by number still have a day job to help pay the bills.</p></blockquote><p></p>
[QUOTE="angus9259, post: 585611, member: 7398"] Making money is not a prequisite for being on the board. I recently went to seedstock after 15 years in commercial - I wouldn't EVER recommend doing it differently. The investment was $60,000. Considering the cost of capital, it may be some time before I make money. But before I spent a dime for that, I had a business plan for how I would market what I produce. By way of demonstration - there was an EXAR cow that sold for $6000 at the boyd sale and a Fox Run cow that sold similarly. Guess who bought them? Express ranches bought the EXAR cow and Fox Run bought the Fox Run cow. I have no proof of this, but I'll bet Boyd bought that animal as a heifer calf off the farm for . . . $6,000. In the end, nothing was really sold, but it looks like you could get $6,000 for a cow. However, EXAR can now market a cow to you that had a $6,000 valuation last year when the only reason it had that valuation was because they bid it up. I'm not saying there isn't money in seedstock, but EXAR will never buy one of my cows and, even if they did, I would have had to buy one of theirs first so I have a different "market". When you buy a business, before you purchase a "production unit" (which a cow is) you have to know who will buy your product and how much they are willing to pay. In your case, it seems you're investigating production units before knowing who will buy the product and why they will buy from you. The cart may be before the cow so to speak. That's what I hear this entire thread warning you against and you keep pushing to know what production unit to buy. They are wisely trying to shift your focus. You may certainly decide if you allow that to happen. In the meantime, I haven't given up my day job. 90% of farmers by number still have a day job to help pay the bills. [/QUOTE]
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Better to embryo transfer or buy super females???
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