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Making money on cattle
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<blockquote data-quote="frenchie" data-source="post: 104985" data-attributes="member: 451"><p>Do you honestly think they paid cash for everything.Or that they are not in debt up to their butts.They are just keeping up to the Jones.</p><p></p><p></p><p></p><p></p><p>I would never say that, because I have land that I can run a pair to the acre on if I wanted to use it that way.However I chose to use it for hay instead.I run my cows on the poorest land, some of which takes 30 or more acres to a cow.</p><p></p><p></p><p></p><p></p><p>I have been at this a long time .I have seen those high prices too.But they are like a bubble eventually they burst.</p><p></p><p>Those calves would likely currently sell for around 30- 40 cents U.S here.Less if they are dairy.</p><p></p><p>Can you imagine waking up one day and having no auction barn open to sell your stock from May till Oct for a 500 mile radius from your doorstep..On top of that be in the middle of a drought and forced to buy hay</p><p></p><p>My position in 2003. </p><p></p><p>Don,t think it can happen..It can</p></blockquote><p></p>
[QUOTE="frenchie, post: 104985, member: 451"] Do you honestly think they paid cash for everything.Or that they are not in debt up to their butts.They are just keeping up to the Jones. I would never say that, because I have land that I can run a pair to the acre on if I wanted to use it that way.However I chose to use it for hay instead.I run my cows on the poorest land, some of which takes 30 or more acres to a cow. I have been at this a long time .I have seen those high prices too.But they are like a bubble eventually they burst. Those calves would likely currently sell for around 30- 40 cents U.S here.Less if they are dairy. Can you imagine waking up one day and having no auction barn open to sell your stock from May till Oct for a 500 mile radius from your doorstep..On top of that be in the middle of a drought and forced to buy hay My position in 2003. Don,t think it can happen..It can [/QUOTE]
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