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How Long Will This Market Last?
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<blockquote data-quote="Dave" data-source="post: 1073554" data-attributes="member: 498"><p>I think it will stay up for a while yet. It will really depend on how long it takes to rebuild the herd size. So there are several factors there which are unpredictable.</p><p></p><p>I wouldn't buy heifers to make cows out of. That is too long of a proposition. I believe the time to do that is when the market is down and heifers are cheap. Mid age to older cows that have 3-4 years left are what I would go with now. Even older short term cows. Take advantage of this up market but not over invested so when it does swing down you are left holding the bag.</p><p></p><p>All that said this last year I bought yearling heifers. Bred them and sold as bred heifers. I did well enough that I plan to do it again this next year.</p></blockquote><p></p>
[QUOTE="Dave, post: 1073554, member: 498"] I think it will stay up for a while yet. It will really depend on how long it takes to rebuild the herd size. So there are several factors there which are unpredictable. I wouldn't buy heifers to make cows out of. That is too long of a proposition. I believe the time to do that is when the market is down and heifers are cheap. Mid age to older cows that have 3-4 years left are what I would go with now. Even older short term cows. Take advantage of this up market but not over invested so when it does swing down you are left holding the bag. All that said this last year I bought yearling heifers. Bred them and sold as bred heifers. I did well enough that I plan to do it again this next year. [/QUOTE]
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How Long Will This Market Last?
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