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Sell out prices
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<blockquote data-quote="J+ Cattle" data-source="post: 1788988" data-attributes="member: 4063"><p>I've read somewhere that the average age of a farmer/rancher in the USA is in the 70s, unless you have a younger family member to pass it on to that wants to do the work then the farm or ranch will likely die off with the owner. It's a very capital-intensive business with poor cash flow and it's not something many young people just starting out in life can afford to take on that much debt. I wonder about what things will look like in 20 years, will we be a beef importer rather than a beef exporter.</p></blockquote><p></p>
[QUOTE="J+ Cattle, post: 1788988, member: 4063"] I've read somewhere that the average age of a farmer/rancher in the USA is in the 70s, unless you have a younger family member to pass it on to that wants to do the work then the farm or ranch will likely die off with the owner. It's a very capital-intensive business with poor cash flow and it's not something many young people just starting out in life can afford to take on that much debt. I wonder about what things will look like in 20 years, will we be a beef importer rather than a beef exporter. [/QUOTE]
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