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Profit from cattle?? Where is it?
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<blockquote data-quote="TREY-L" data-source="post: 462242" data-attributes="member: 6073"><p>Breeding cattle are like land, real estate, even stocks. They are NOT a liquid investment. You don't go out when you want to get out you have to wait for when the market will LET you get out. Otherwise you have to be prepared to sit and hold. That guy PROBABLY could have gotten a $1000 a cow (or the inflation adjusted equivalent to 2007 dollars) IF he had a better marketing plan and took the time to wait on the buyer.</p></blockquote><p></p><p>This is why I'm feeding 16 "sellable" calves through the winter. Coming out of a 2 year drought was more than a lot of local farmers could bear, and the sale barn was cram packed with local stock. I decided to gamble and looked at the long range "expected " winter forcast, a la-nina winter, hopefully mild. Maybe my gamble will pay off in the spring, if not, lesson learned and i'll move on.</p><p>[/QUOTE]</p>
[QUOTE="TREY-L, post: 462242, member: 6073"] Breeding cattle are like land, real estate, even stocks. They are NOT a liquid investment. You don't go out when you want to get out you have to wait for when the market will LET you get out. Otherwise you have to be prepared to sit and hold. That guy PROBABLY could have gotten a $1000 a cow (or the inflation adjusted equivalent to 2007 dollars) IF he had a better marketing plan and took the time to wait on the buyer.[/quote] This is why I'm feeding 16 "sellable" calves through the winter. Coming out of a 2 year drought was more than a lot of local farmers could bear, and the sale barn was cram packed with local stock. I decided to gamble and looked at the long range "expected " winter forcast, a la-nina winter, hopefully mild. Maybe my gamble will pay off in the spring, if not, lesson learned and i'll move on. [/QUOTE]
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Profit from cattle?? Where is it?
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