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<blockquote data-quote="CattleMan1920" data-source="post: 1547705" data-attributes="member: 37967"><p>Thank you for the detailed analysis. Like I said, in our area dairy is finished, and I don't think commuting 3-4 hours a day to work is the answer. We have 2 large, well respected Angus operations within 15 minutes of my farm that probably earn 7 figures gross, year in year out. They certainly have expenses, but they are going strong which leads me to believe they are highly profitable. They aren't closing up shop, they are actually expanding. A 500 head purebred or Registered Angus herd would make money, plain and simple, unless it's mismanaged. 250-300 high quality purebred Angus steers would be easy to sell. Use sexed semen from a bull such as Black Onyx/ ST Genetics and crank those steers up even higher. Where we are, there is TONS of grass and hay, insane amounts of hay. The land is grossly under utilized. We don't need 30-40 acres for a cow/calf, we can raise 2 pairs per acre or more here if you rotational graze them. Yes, beef is "iffy" if you are producing low grade, but if you are raising high marb, high ribeye, and high $B purebred Angus steers you are going to be in a totally different situation. As I have said before if people are "anti-Angus" who cares! Go raise Shorthorns or Hereford, you will get lower prices in my opinion, but you will still be in the "premium" beef market. I'm partial to Angus, because they have the brand name, and as I have said before, people are very brand conscious. People in rural areas need to realize that not everyone in America is hurting. L.A., NYC, and Miami, among other major cities have many people earning $200k plus a year and they want to eat expensive steaks, they eat out a lot, drop $400 on dinner and wine without a care, and average beef is not acceptable to them, they want the best. People will disagree with me, but fly to New York and head over to Peter Luger's steakhouse and you will have an epiphany.</p></blockquote><p></p>
[QUOTE="CattleMan1920, post: 1547705, member: 37967"] Thank you for the detailed analysis. Like I said, in our area dairy is finished, and I don’t think commuting 3-4 hours a day to work is the answer. We have 2 large, well respected Angus operations within 15 minutes of my farm that probably earn 7 figures gross, year in year out. They certainly have expenses, but they are going strong which leads me to believe they are highly profitable. They aren’t closing up shop, they are actually expanding. A 500 head purebred or Registered Angus herd would make money, plain and simple, unless it’s mismanaged. 250-300 high quality purebred Angus steers would be easy to sell. Use sexed semen from a bull such as Black Onyx/ ST Genetics and crank those steers up even higher. Where we are, there is TONS of grass and hay, insane amounts of hay. The land is grossly under utilized. We don’t need 30-40 acres for a cow/calf, we can raise 2 pairs per acre or more here if you rotational graze them. Yes, beef is “iffy” if you are producing low grade, but if you are raising high marb, high ribeye, and high $B purebred Angus steers you are going to be in a totally different situation. As I have said before if people are “anti-Angus” who cares! Go raise Shorthorns or Hereford, you will get lower prices in my opinion, but you will still be in the “premium” beef market. I’m partial to Angus, because they have the brand name, and as I have said before, people are very brand conscious. People in rural areas need to realize that not everyone in America is hurting. L.A., NYC, and Miami, among other major cities have many people earning $200k plus a year and they want to eat expensive steaks, they eat out a lot, drop $400 on dinner and wine without a care, and average beef is not acceptable to them, they want the best. People will disagree with me, but fly to New York and head over to Peter Luger’s steakhouse and you will have an epiphany. [/QUOTE]
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