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<blockquote data-quote="tapeworm" data-source="post: 76055" data-attributes="member: 1094"><p>Hi again Muratic!!!LOL You are so right! And the Jerry guy that thinks it is easy money??? BS!!! Some of you people seem to forget that you have to collect for cattle that you sell. You have to give the checks to sellers the day of sale but you might not get paid for 3 or 4 days...and most of those payments are by check. Lot of exposure with a load of cattle with todays prices. Youve paid the seller, cattle are loaded up and gone, and you wait on the order buyers to send you a check. That's the way it works. P&S bonds and custodial accounts are a good thing but they dont take out all of the risk. All it takes is a stocker operator or feeder 1200 miles away that gives an order buyer a bad check....often because he GOT a bad check from somebody else...that can start a domino affect that will bring a small barn to its knees fast!!!! You better think again if you think its like picking peaches</p></blockquote><p></p>
[QUOTE="tapeworm, post: 76055, member: 1094"] Hi again Muratic!!!LOL You are so right! And the Jerry guy that thinks it is easy money??? BS!!! Some of you people seem to forget that you have to collect for cattle that you sell. You have to give the checks to sellers the day of sale but you might not get paid for 3 or 4 days...and most of those payments are by check. Lot of exposure with a load of cattle with todays prices. Youve paid the seller, cattle are loaded up and gone, and you wait on the order buyers to send you a check. That's the way it works. P&S bonds and custodial accounts are a good thing but they dont take out all of the risk. All it takes is a stocker operator or feeder 1200 miles away that gives an order buyer a bad check....often because he GOT a bad check from somebody else...that can start a domino affect that will bring a small barn to its knees fast!!!! You better think again if you think its like picking peaches [/QUOTE]
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