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<blockquote data-quote="novatech" data-source="post: 397940" data-attributes="member: 5494"><p>I do not own any pasture. I only lease, and I agree with you in total. I will only lease property on a three year plus lease. The reason for this is that most people that lease overstock trying to squeeze every last penny out of the land. What they do not understand is that by proper stocking rates they can make a profit and still maintain the land. It is up to me to make any improvements inforage production, if I take over the lease. Herbicide, planting,and fertilizeing can take a while to pay out.</p><p> Put this together with the increase in land and equipment costs alone it does not paint a very pretty picture for the beef industry.</p><p> Until the price of beef goes up or the price of feed comes down I cannot see where feeding (cow/calf) is an economical option.</p><p> I am constantly looking for new grasses that survive on less water and will produce with less fert.</p></blockquote><p></p>
[QUOTE="novatech, post: 397940, member: 5494"] I do not own any pasture. I only lease, and I agree with you in total. I will only lease property on a three year plus lease. The reason for this is that most people that lease overstock trying to squeeze every last penny out of the land. What they do not understand is that by proper stocking rates they can make a profit and still maintain the land. It is up to me to make any improvements inforage production, if I take over the lease. Herbicide, planting,and fertilizeing can take a while to pay out. Put this together with the increase in land and equipment costs alone it does not paint a very pretty picture for the beef industry. Until the price of beef goes up or the price of feed comes down I cannot see where feeding (cow/calf) is an economical option. I am constantly looking for new grasses that survive on less water and will produce with less fert. [/QUOTE]
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