Stocker Steve said:
W.B. I guess hindsight is 20/20 but there are a lot of cows to liquidate yet.
Are you seeing unusual entire herd liquations ?
[/quote said:
The 50 and under crowd is getting discouraged.
You mean they don't all have an 80k off-farm job, running 80 cows and 300-500k in debt? Because a bunch around here do and they seemed tickled pink. :shock: I don't know what it would take to get rid of some of these guys that flood the market with 250% subsidized calves, but I certainly wouldn't complain if it happened. Maybe if interest rates skyrocketed, but I doubt that will happen in the near future.
Whoa! Pump the breaks. I am part of the next generation raising cattle. I work hard every day, Christmas too. My cows pay the bills. Don't be grouping all of us young cattle producers with those playboy steer jocks.
The only reason I have cows is because I love raising cattle. You couldn't pay me enough to work this hard, but since I love it I'll keep working for free until this cycle turns around.