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<blockquote data-quote="Texan" data-source="post: 264293" data-attributes="member: 416"><p>The most important thing to remember in your budgeting:</p><p></p><p>Just because the market is good now doesn't mean it will stay that way. It never has. The only question is how long it will take to bottom out. I'd caution against using current prices for long-range planning---or even three-year planning. Don't build your business model around $600 calves or $1.10 feeders.</p></blockquote><p></p>
[QUOTE="Texan, post: 264293, member: 416"] The most important thing to remember in your budgeting: Just because the market is good now doesn't mean it will stay that way. It never has. The only question is how long it will take to bottom out. I'd caution against using current prices for long-range planning---or even three-year planning. Don't build your business model around $600 calves or $1.10 feeders. [/QUOTE]
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