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cattle prices, up and down
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<blockquote data-quote="Stocker Steve" data-source="post: 664515" data-attributes="member: 1715"><p>Times are hard but there are always opportunities. A piece of a joining land came up for sale several months ago but we can not put enough down to make it cash flow with cattle. I spoke to the (ex) owner - - he is thinking about reducing the price, but admits that someone from town will probably end up buying it for a hobby farm.</p><p></p><p>The current fact is a lot of folks are losing money on both cattle and land. I don't have much confidence in forecasts and bailouts, and the wife brought home chicken for dinner. I think you need to look into leasing (with an option to buy) unless you have a lot of cash to put down.</p></blockquote><p></p>
[QUOTE="Stocker Steve, post: 664515, member: 1715"] Times are hard but there are always opportunities. A piece of a joining land came up for sale several months ago but we can not put enough down to make it cash flow with cattle. I spoke to the (ex) owner - - he is thinking about reducing the price, but admits that someone from town will probably end up buying it for a hobby farm. The current fact is a lot of folks are losing money on both cattle and land. I don't have much confidence in forecasts and bailouts, and the wife brought home chicken for dinner. I think you need to look into leasing (with an option to buy) unless you have a lot of cash to put down. [/QUOTE]
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