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Coffee Shop
Just A Thought
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<blockquote data-quote="Jogeephus" data-source="post: 610819" data-attributes="member: 4362"><p>To have success in anything you have to have persistance and its always a good idea to be diversified as much as possible. Raising any commodity has its ups and downs so its best not to have all your eggs in one basket. Each operation has its own set of strong points and weaknesses. You have to find what works for you and where you have an unfair advantage over other producers. If these advantages are fully utilized and you still can't make a living then you best divest out of cattle for until you can make it work. I think this is what mnmtranching was saying. You'll know when you are bleeding so much red that you need to change strategies.</p></blockquote><p></p>
[QUOTE="Jogeephus, post: 610819, member: 4362"] To have success in anything you have to have persistance and its always a good idea to be diversified as much as possible. Raising any commodity has its ups and downs so its best not to have all your eggs in one basket. Each operation has its own set of strong points and weaknesses. You have to find what works for you and where you have an unfair advantage over other producers. If these advantages are fully utilized and you still can't make a living then you best divest out of cattle for until you can make it work. I think this is what mnmtranching was saying. You'll know when you are bleeding so much red that you need to change strategies. [/QUOTE]
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