OhioRiver":1v3zqq1c said:
Why is the board so doom and gloom on making any money in the beef business or the donor business? If everyone is losing money just stop and do something else? Why would someone continue to lose money year in and year out and say they are good at something?
I don't think everyone is doom and gloom on making money in the beef business. Prices have been wonderful the last few years. If someone couldn't at least break even with prices like they've been, they're in serious trouble.
We've managed to make money with our Angus without buying a high dollar donor cow. Maybe we could have made more if we'd spent $100,000 on a cow, but I doubt it. Marketing is still the key to making your money back on any cow. If you know people willing to consistently, year after year, pay $5 - 10,000 for a heifer, good for you.