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Profit from cattle?? Where is it?
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<blockquote data-quote="OhioRiver" data-source="post: 458577" data-attributes="member: 7259"><p>well.......the opportunity costs of your labor and operational expenses have to be added into the time value of your money. So you would need to make more than just investing your money into the markets per se if you take into account the other intangibles. You could take a part time job with the time you spend on cattle and invest the money. You would come out ahead on that one. Being from the Kentuckiana area I wonder if it can be done and make money. I reckon that I can try and squawk about my failures later on this board in two or three years, but I want to win. I have seen people win on the first time selling an ET yearling cow for $5k and a bull for $4k. They paid $500 each for the embryo but had to buy three because one did not take. so they had to eat that cost of the lost embryo. But still they came out ahead and laughing about it.</p></blockquote><p></p>
[QUOTE="OhioRiver, post: 458577, member: 7259"] well.......the opportunity costs of your labor and operational expenses have to be added into the time value of your money. So you would need to make more than just investing your money into the markets per se if you take into account the other intangibles. You could take a part time job with the time you spend on cattle and invest the money. You would come out ahead on that one. Being from the Kentuckiana area I wonder if it can be done and make money. I reckon that I can try and squawk about my failures later on this board in two or three years, but I want to win. I have seen people win on the first time selling an ET yearling cow for $5k and a bull for $4k. They paid $500 each for the embryo but had to buy three because one did not take. so they had to eat that cost of the lost embryo. But still they came out ahead and laughing about it. [/QUOTE]
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Profit from cattle?? Where is it?
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