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BU$INE$$ ALERT!!
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<blockquote data-quote="Brandonm22" data-source="post: 583283" data-attributes="member: 7645"><p>I disagree with almost everyone in this thread. First of all I don't see why (if you were an established breeder with a herd and a plan) you would alter your plan in a big way just because a bunch of people dispersed. Sure there are some genetics you can use; but unless your existing plan has been proven unsound I don't know how many gamechangers are really out there. And as far as beef crashing because of the impending worldwide credit crisis, that is just nuts people!!! We are in the FOOD business. People in rags still eat. Calf prices are still suprisingly strong because grain prices have dropped precipitously since Iowa dried out from the flood and because American beef production is DOWN by 6%. Apparently more people went out of the biz than we thought. The population is still increasing and most of the public aren't in the stock market in a big way and don't have a lot of savings to lose in a bank run any way so will still be eating dinner even if all the banks shutter up (they may be living in their Mom's basement though). I don't see how calf prices drop substantially. I am very bullish about beef prices for the next 3 or 4 years out.</p><p></p><p>Now for those who THOUGHT they had seven digits worth of real estate investments.....don't watch television, read the paper, talk to anyone, or try to sell anything these next six months because we COULD be in the beginning stages of asset destruction like no one has seen since the early 80s......and don't get me started on bank stocks.</p></blockquote><p></p>
[QUOTE="Brandonm22, post: 583283, member: 7645"] I disagree with almost everyone in this thread. First of all I don't see why (if you were an established breeder with a herd and a plan) you would alter your plan in a big way just because a bunch of people dispersed. Sure there are some genetics you can use; but unless your existing plan has been proven unsound I don't know how many gamechangers are really out there. And as far as beef crashing because of the impending worldwide credit crisis, that is just nuts people!!! We are in the FOOD business. People in rags still eat. Calf prices are still suprisingly strong because grain prices have dropped precipitously since Iowa dried out from the flood and because American beef production is DOWN by 6%. Apparently more people went out of the biz than we thought. The population is still increasing and most of the public aren't in the stock market in a big way and don't have a lot of savings to lose in a bank run any way so will still be eating dinner even if all the banks shutter up (they may be living in their Mom's basement though). I don't see how calf prices drop substantially. I am very bullish about beef prices for the next 3 or 4 years out. Now for those who THOUGHT they had seven digits worth of real estate investments.....don't watch television, read the paper, talk to anyone, or try to sell anything these next six months because we COULD be in the beginning stages of asset destruction like no one has seen since the early 80s......and don't get me started on bank stocks. [/QUOTE]
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