Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Non-Cattle Specific Topics
Coffee Shop
The future of the cattle industry
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="skyline" data-source="post: 527397" data-attributes="member: 5305"><p>I'm going to try to post an excel spreadsheet that the Texas A&M folks prepare for the East Texas cattle market once per week. (Couldn't make the attachment work - I can email it if anyone is interested in seeing it.) The trend doesn't look good. 500# steers are off by 20 to 25 cents per pound from this week last year. Prices down, expenses way up. Not a good combination, any way you look at it.</p><p></p><p>One of the trends that we're seeing in Texas is ranches being bought out and taken out of cattle production. Ranches in Central Texas are being bought by sportsmen with no interest in cattle. They'll high fence it and manage the deer population. All the while driving the land prices up and up. My understanding is that cultivated crop land is worth less per acre than mesquite thickets (for deer hunting) in Central Texas. Oil and gas money is buying ranches right now. In East Texas the larger tracts of land are being passed down to the next generation (with no interest in cattle) and split up into little pieces. Very few young folks are interested in cattle and the ones that are cannot afford the land to do it on, unless they inherit it.</p><p></p><p>Not sure what that means 20 years from now, but it seems to me that it's going to be really hard to get started in the cattle business 20 years from now (on a decent size scale) if you don't inherit a bunch of land or bring a lot of money from another business. It makes me think that we'll see larger operations survive and fewer small herds in the more developed parts of the country.</p></blockquote><p></p>
[QUOTE="skyline, post: 527397, member: 5305"] I'm going to try to post an excel spreadsheet that the Texas A&M folks prepare for the East Texas cattle market once per week. (Couldn't make the attachment work - I can email it if anyone is interested in seeing it.) The trend doesn't look good. 500# steers are off by 20 to 25 cents per pound from this week last year. Prices down, expenses way up. Not a good combination, any way you look at it. One of the trends that we're seeing in Texas is ranches being bought out and taken out of cattle production. Ranches in Central Texas are being bought by sportsmen with no interest in cattle. They'll high fence it and manage the deer population. All the while driving the land prices up and up. My understanding is that cultivated crop land is worth less per acre than mesquite thickets (for deer hunting) in Central Texas. Oil and gas money is buying ranches right now. In East Texas the larger tracts of land are being passed down to the next generation (with no interest in cattle) and split up into little pieces. Very few young folks are interested in cattle and the ones that are cannot afford the land to do it on, unless they inherit it. Not sure what that means 20 years from now, but it seems to me that it's going to be really hard to get started in the cattle business 20 years from now (on a decent size scale) if you don't inherit a bunch of land or bring a lot of money from another business. It makes me think that we'll see larger operations survive and fewer small herds in the more developed parts of the country. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Non-Cattle Specific Topics
Coffee Shop
The future of the cattle industry
Top