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Non-Cattle Specific Topics
Every Thing Else Board
Economies of Scale and Law of Diminishing Returns
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<blockquote data-quote="HerefordSire" data-source="post: 667952" data-attributes="member: 4437"><p><em>One must understand the nature and state of the milk and beef markets relative to the cycle, etc. For example, recently is has been a losing proposition to be in either of these two areas the last couple of years, no matter what your business philosopy is. About the only exception to the rule that I can think of is to be in a niche market. That is why I liquidated the commercial side before the market crashed completely.</em></p></blockquote><p></p>
[QUOTE="HerefordSire, post: 667952, member: 4437"] [i]One must understand the nature and state of the milk and beef markets relative to the cycle, etc. For example, recently is has been a losing proposition to be in either of these two areas the last couple of years, no matter what your business philosopy is. About the only exception to the rule that I can think of is to be in a niche market. That is why I liquidated the commercial side before the market crashed completely.[/i] [/QUOTE]
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Non-Cattle Specific Topics
Every Thing Else Board
Economies of Scale and Law of Diminishing Returns
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