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Cattle Boards
Grasses, Pastures & Hay
Hay prices not going down?
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<blockquote data-quote="3MR" data-source="post: 333358" data-attributes="member: 4180"><p>Sorry, I still dissagree. I dont say you are wrong, but I dissagree in that it isnt a lie to do it different. Its perfectly acceptable and many successful businesses do it this way. I have a degree in business administration, so I am not completely ignorant to how it works.</p><p></p><p>Example: Say you can buy hay for 150 a ton. The producer of the hay pockets 50 bucks. That hay feeds your cow which you sell for 500 bucks. You are left with 350.</p><p></p><p>You raise your own hay at 100 ton pocketing the 50 bucks. You sell your cow for 500, leaving you with 400 bucks. The value of the hay was still the same, but you wind up with more money in your pocket at the end of the year. </p><p></p><p>Your logic is that if you dont make all the money you can then you are suffering a loss. I find that faulible logic. If that were the case then I am suffering a loss everyday I dont turn my place into a subdivision. After all that would be the most profitable use of the land.</p><p></p><p>If your return is more than your investment then you have not suffered a loss, even if you could have made more money doing something different.</p></blockquote><p></p>
[QUOTE="3MR, post: 333358, member: 4180"] Sorry, I still dissagree. I dont say you are wrong, but I dissagree in that it isnt a lie to do it different. Its perfectly acceptable and many successful businesses do it this way. I have a degree in business administration, so I am not completely ignorant to how it works. Example: Say you can buy hay for 150 a ton. The producer of the hay pockets 50 bucks. That hay feeds your cow which you sell for 500 bucks. You are left with 350. You raise your own hay at 100 ton pocketing the 50 bucks. You sell your cow for 500, leaving you with 400 bucks. The value of the hay was still the same, but you wind up with more money in your pocket at the end of the year. Your logic is that if you dont make all the money you can then you are suffering a loss. I find that faulible logic. If that were the case then I am suffering a loss everyday I dont turn my place into a subdivision. After all that would be the most profitable use of the land. If your return is more than your investment then you have not suffered a loss, even if you could have made more money doing something different. [/QUOTE]
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Hay prices not going down?
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