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The Market - Status Quo??
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<blockquote data-quote="C &amp;amp; C Land &amp;amp; Catt" data-source="post: 34188" data-attributes="member: 443"><p>If you can afford to wait the best way in my opinion is to save your heifers back. There is no risk in cattle that are paid for. But if you do you might want to get another bull which will cost. There are always bulls out there and you would know what genetics you are putting back into your herd. We have all of our cattle on the ten year program, sell 10% of the old cows and keep back at least 12% or more depending on projected growth for the year. This works well because we are not trying to go buy cattle at a sale barn and are keeping our genetics top qaulity. We do not like inbreeding though so we have a pretty steep bull buying budget every year.</p><p></p><p>If you decide to go buy cattle pencil whip the fact that they are the highest they have ever been. If you buy heifers and the market does go south, they have several years to recoup the loss. Buy older cattle and they cost less but if the market drops they don't have many years to recoup the loss.</p></blockquote><p></p>
[QUOTE="C & C Land & Catt, post: 34188, member: 443"] If you can afford to wait the best way in my opinion is to save your heifers back. There is no risk in cattle that are paid for. But if you do you might want to get another bull which will cost. There are always bulls out there and you would know what genetics you are putting back into your herd. We have all of our cattle on the ten year program, sell 10% of the old cows and keep back at least 12% or more depending on projected growth for the year. This works well because we are not trying to go buy cattle at a sale barn and are keeping our genetics top qaulity. We do not like inbreeding though so we have a pretty steep bull buying budget every year. If you decide to go buy cattle pencil whip the fact that they are the highest they have ever been. If you buy heifers and the market does go south, they have several years to recoup the loss. Buy older cattle and they cost less but if the market drops they don't have many years to recoup the loss. [/QUOTE]
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