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How to Understand Cattle Pricing and Current Prices
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<blockquote data-quote="Little Joe" data-source="post: 1783037" data-attributes="member: 39122"><p>What I've discovered with being in cattle is what works for you might not work for anyone else and what makes you a profit might not be profitable for anyone else. How we play our hand has more to do with success than the hand itself. I was talking with a neighbor the other day, he has a pasture full of mostly simmental x cattle and mostly black or black baldy. He stated that having pretty cattle that people admire is more important than profit to him, I told him I'm exact opposite. My cows are whatever I get a bargain on and think will make money, if my cattle can't at very least support themselves I don't need them. As much as they are despised on here by many, my most profitable set of cows were the longhorn types with a good bull on them. I used those cows and profit from them to purchase better cows for not much more money this year while the market was down. I would eventually like having a good matching set of cattle but not sure it will ever happen because I always think in my mind that if things go bad for some reason I don't mind having to dump a bunch of mismatched cheap cows but if I've taken the time to put together a good matching set it would be hard to dump them and start again later. Moving forward I do hope to retain heifers to make the kind of cow I want that works for me but that's not written in stone either.</p></blockquote><p></p>
[QUOTE="Little Joe, post: 1783037, member: 39122"] What I’ve discovered with being in cattle is what works for you might not work for anyone else and what makes you a profit might not be profitable for anyone else. How we play our hand has more to do with success than the hand itself. I was talking with a neighbor the other day, he has a pasture full of mostly simmental x cattle and mostly black or black baldy. He stated that having pretty cattle that people admire is more important than profit to him, I told him I’m exact opposite. My cows are whatever I get a bargain on and think will make money, if my cattle can’t at very least support themselves I don’t need them. As much as they are despised on here by many, my most profitable set of cows were the longhorn types with a good bull on them. I used those cows and profit from them to purchase better cows for not much more money this year while the market was down. I would eventually like having a good matching set of cattle but not sure it will ever happen because I always think in my mind that if things go bad for some reason I don’t mind having to dump a bunch of mismatched cheap cows but if I’ve taken the time to put together a good matching set it would be hard to dump them and start again later. Moving forward I do hope to retain heifers to make the kind of cow I want that works for me but that’s not written in stone either. [/QUOTE]
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