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Non-Cattle Specific Topics
Coffee Shop
Don’t tell people what you know, KEEP THEM POOR!
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<blockquote data-quote="CattleMan1920" data-source="post: 1563625" data-attributes="member: 37967"><p>One thing is for sure, nobody has thrown money in our direction. If anything the local bankers cracked jokes about what we were doing and lent to the Amish instead. That's not looking like too good of a bet now that dairy has collapsed and tariffs have set in. What looked like a sure thing is looking shaky now for the local lenders. I'm seeing more and more Amish at Angus sales, and they are bidding. It appears they see Angus as a better bet than Holstein.</p><p></p><p>Nothing we buy here at Branded is for frivolity, everything is paying off. If it cannot be used, and used to make more money, it's not purchased. Plain and simple.</p><p></p><p>A few years back we were chatting with a lender at Farm Credit, he was a genius in his own mind, he rolled his eyes and said that our plan to AI 50 cows was overly ambitious, now that number seems easy. Will I ever ask for his help again, h.ll no! I viewed him then as a piker, and now I am sure of my views.</p><p></p><p>Disclaimer, there were some gals at Farm Credit that did take us seriously and helped us immensely in the beginning. They will always be remembered and appreciated for what they did, and will get our future business when we need funding.</p></blockquote><p></p>
[QUOTE="CattleMan1920, post: 1563625, member: 37967"] One thing is for sure, nobody has thrown money in our direction. If anything the local bankers cracked jokes about what we were doing and lent to the Amish instead. That's not looking like too good of a bet now that dairy has collapsed and tariffs have set in. What looked like a sure thing is looking shaky now for the local lenders. I'm seeing more and more Amish at Angus sales, and they are bidding. It appears they see Angus as a better bet than Holstein. Nothing we buy here at Branded is for frivolity, everything is paying off. If it cannot be used, and used to make more money, it's not purchased. Plain and simple. A few years back we were chatting with a lender at Farm Credit, he was a genius in his own mind, he rolled his eyes and said that our plan to AI 50 cows was overly ambitious, now that number seems easy. Will I ever ask for his help again, h.ll no! I viewed him then as a piker, and now I am sure of my views. Disclaimer, there were some gals at Farm Credit that did take us seriously and helped us immensely in the beginning. They will always be remembered and appreciated for what they did, and will get our future business when we need funding. [/QUOTE]
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Don’t tell people what you know, KEEP THEM POOR!
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