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the question of "objective"
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<blockquote data-quote="VanC" data-source="post: 720449" data-attributes="member: 3355"><p>Sounds good, but is it really? A higher price doesn't necessarily mean a higher profit, just as higher weaning weights and higher yearling weights don't necessarily mean higher profits. You have to look at the input costs, too. I know you don't need an example, but I'll give you one anyway:</p><p></p><p>Let's say I sell my bulls for $3000 but it costs me $2500 to get them to that point. Frankie sells her bulls for $2500 but it only costs her $1000 to get them there. Who's better off? Then let's say times get tough and the price of everyone's bulls drops an average of $1000. What happens then? Answer: Frankie is still making a profit and I'm stocking shelves at Wal Mart for $8 an hour.</p></blockquote><p></p>
[QUOTE="VanC, post: 720449, member: 3355"] Sounds good, but is it really? A higher price doesn't necessarily mean a higher profit, just as higher weaning weights and higher yearling weights don't necessarily mean higher profits. You have to look at the input costs, too. I know you don't need an example, but I'll give you one anyway: Let's say I sell my bulls for $3000 but it costs me $2500 to get them to that point. Frankie sells her bulls for $2500 but it only costs her $1000 to get them there. Who's better off? Then let's say times get tough and the price of everyone's bulls drops an average of $1000. What happens then? Answer: Frankie is still making a profit and I'm stocking shelves at Wal Mart for $8 an hour. [/QUOTE]
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