How much lower can the cull cow market go?

[Stocker Steve]

On a side note, some of the row croppers around me are throwing in the towel. 400 acres going up for auction in Feb just down the lane from me. Curious what it will sell for.

Do you have a personal max bid figured out yet ?

 

[bball]

On a side note, some of the row croppers around me are throwing in the towel. 400 acres going up for auction in Feb just down the lane from me. Curious what it will sell for.

Do you have a personal max bid figured out yet ?

I do but I am afraid it will go for significantly higher than I am willing to pay :frowns:

 

[Stocker Steve]

Part of running a profitable business is to know when to walk away. We have bid on four properties over the years and bought two of them.

 

[mwj]

On a side note, some of the row croppers around me are throwing in the towel. 400 acres going up for auction in Feb just down the lane from me. Curious what it will sell for.

Do you have a personal max bid figured out yet ?

I do but I am afraid it will go for significantly higher than I am willing to pay

:frowns:

I would wager that the land will go to crop production if it sells. Just because one stops farming a piece of land it does not signal the end of its production.



PS Is the property selling without a reserve on the price?

 

[ddd75]

i'm sure its like here and most places near us . .it will go for around 5 - 7k per ac depending.

 

[MillennialRancher]

The economist was pretty much on in 2015 workshop so far.

viewtopic.php?f=8&t=98180

That was an awesome thread, one of the best reads I've found on here.

 

[skyhightree1]

Part of running a profitable business is to know when to walk away. quote]

This needs to be posted 1000 times