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Taking the Long View When It Comes to Drought Management in Texas
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<blockquote data-quote="rocfarm" data-source="post: 1783626" data-attributes="member: 42715"><p>Nope. I'm a newbie. But I did start my herd during this last drought and I don't buy hay. <img class="smilie smilie--emoji" loading="lazy" alt="😉" title="Winking face :wink:" src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f609.png" data-shortname=":wink:" /> And at my day job I have even more titles<img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" />. </p><p></p><p>Agree with everyone's comments about liquidity. I don't like debt. Like paying cash for things myself. Started my other businesses with as little cash possible and paid off all debt within a few years. For the small guy, debt is usually a killer. Kinda like cattle having worms, I guess. Just kinda tends to zap your vitality and productiveness.</p><p></p><p>And I like having grass savings on the surface of my soil. Not sure I agree with the comments about quick land recovery. Seen a few places in central Texas that didn't look like they were coming back so fast, and this past winter was the first year in the 5 since purchase that I'd noticed lots of worm castings in places around the farm. Seems like soil has a type of savings account as well. If you deplete it, it could be hard to replenish. But maybe not if you get two El Niño years in a row or something like that and your soil is already a naturally high producer. </p><p></p><p>Tempted to just sell my herd after two seasons. Seems everything has gone up since summer and the few calves I do have growing out there would do ok at the sale barn. And replacement cows seem to be high in central Texas right now. But darned if I don't want to see what kind of calves my new bull and cows make. Might be the wrong decision, though.</p></blockquote><p></p>
[QUOTE="rocfarm, post: 1783626, member: 42715"] Nope. I’m a newbie. But I did start my herd during this last drought and I don’t buy hay. 😉 And at my day job I have even more titles:). Agree with everyone’s comments about liquidity. I don’t like debt. Like paying cash for things myself. Started my other businesses with as little cash possible and paid off all debt within a few years. For the small guy, debt is usually a killer. Kinda like cattle having worms, I guess. Just kinda tends to zap your vitality and productiveness. And I like having grass savings on the surface of my soil. Not sure I agree with the comments about quick land recovery. Seen a few places in central Texas that didn’t look like they were coming back so fast, and this past winter was the first year in the 5 since purchase that I’d noticed lots of worm castings in places around the farm. Seems like soil has a type of savings account as well. If you deplete it, it could be hard to replenish. But maybe not if you get two El Niño years in a row or something like that and your soil is already a naturally high producer. Tempted to just sell my herd after two seasons. Seems everything has gone up since summer and the few calves I do have growing out there would do ok at the sale barn. And replacement cows seem to be high in central Texas right now. But darned if I don’t want to see what kind of calves my new bull and cows make. Might be the wrong decision, though. [/QUOTE]
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Taking the Long View When It Comes to Drought Management in Texas
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