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<blockquote data-quote="Bright Raven" data-source="post: 1515336" data-attributes="member: 27490"><p>Back on the domestic dynamics of cattle markets - feeder, seedstock, show, etc. I often wonder when the producers like we have in Kentucky, are going to throw in the towel. Kentucky's average herd size is approximately 20 brood cows. The average producer works a town job - i.e. they work for government, utilities, retail, teachers, service, etc. Kentucky has limited industrial occupations. Lots of folks here work in some form of government- city, county, state, federal. My brother and I were talking. If you look at some of the families in our community - half the family members' jobs go back to government.</p><p></p><p>Back on point - these folks are not making money on cattle. Their off the farm employment subsidies their cattle operations. Those that claim they make money - well, talk to them for 30 minutes - ask some questions and you will learn they are not accounting for all their expenses.</p><p></p><p>When will these producers get tired of the "hobby"? With many going into their 50s and 60s, when will they decide to quit.</p><p></p><p>The bottom line I wonder about - in 10 years will there be a reduction in production that will cause a jump in beef prices? Or will other sources of protein make beef obsolete?</p><p></p><p>Wouldn't it be ironic if the core of cattle production was show cattle. There are many show producers who don't do this for profit. They do it because they enjoy breeding and showing cattle. Many are wealthy and don't need the income.</p></blockquote><p></p>
[QUOTE="Bright Raven, post: 1515336, member: 27490"] Back on the domestic dynamics of cattle markets - feeder, seedstock, show, etc. I often wonder when the producers like we have in Kentucky, are going to throw in the towel. Kentucky's average herd size is approximately 20 brood cows. The average producer works a town job - i.e. they work for government, utilities, retail, teachers, service, etc. Kentucky has limited industrial occupations. Lots of folks here work in some form of government- city, county, state, federal. My brother and I were talking. If you look at some of the families in our community - half the family members' jobs go back to government. Back on point - these folks are not making money on cattle. Their off the farm employment subsidies their cattle operations. Those that claim they make money - well, talk to them for 30 minutes - ask some questions and you will learn they are not accounting for all their expenses. When will these producers get tired of the "hobby"? With many going into their 50s and 60s, when will they decide to quit. The bottom line I wonder about - in 10 years will there be a reduction in production that will cause a jump in beef prices? Or will other sources of protein make beef obsolete? Wouldn't it be ironic if the core of cattle production was show cattle. There are many show producers who don't do this for profit. They do it because they enjoy breeding and showing cattle. Many are wealthy and don't need the income. [/QUOTE]
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