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Bred Cow Price Trend?
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<blockquote data-quote="SRBeef" data-source="post: 792417" data-attributes="member: 7509"><p>Some thoughts:</p><p></p><p>Hay is a perishable commodity, it can deteriorate quickly if not used up.</p><p></p><p>Cows are a tangible asset that will probably bring you more return than the ridiculously low interest rates at the bank, especially bred cows bred to a good calving ease/good growth bull.</p><p></p><p>The fundamentals of the US beef industry are sound: small beef herd, good demand here and for export for some types of beef.</p><p></p><p>Good beef cows that can do well on hay and grazing and don't need a lot of expensive corn may be a good investment right now? At least in some situations and for some people?</p><p></p><p>I see some folks that can see past the dark-November-funk we seem to get into every year and are optimistic about certain parts of the beef business.</p><p></p><p>jmho. Jim</p></blockquote><p></p>
[QUOTE="SRBeef, post: 792417, member: 7509"] Some thoughts: Hay is a perishable commodity, it can deteriorate quickly if not used up. Cows are a tangible asset that will probably bring you more return than the ridiculously low interest rates at the bank, especially bred cows bred to a good calving ease/good growth bull. The fundamentals of the US beef industry are sound: small beef herd, good demand here and for export for some types of beef. Good beef cows that can do well on hay and grazing and don't need a lot of expensive corn may be a good investment right now? At least in some situations and for some people? I see some folks that can see past the dark-November-funk we seem to get into every year and are optimistic about certain parts of the beef business. jmho. Jim [/QUOTE]
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