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Cattle Boards
Got Milk?
"Voluntary" cutbacks
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<blockquote data-quote="novaman" data-source="post: 640768" data-attributes="member: 2744"><p>I'm a bit curious about your comments. What makes this the right time to get into the dairy business? Not trying to be a smart guy but the milk price is still far below the cost of production. I'm doing everything I can just to work through this dip in the market. I can't imagine someone getting in right now. Sure heifers are selling more reasonable now but a thousand bucks is a thousand bucks, not to mention the cost of feed. If the market turns around relatively soon I would agree with you, but it seems as if it's going to be a long road back to profitable milk prices. A majority of the dairies that had been going in this area have said enough and quit. I have access to some bred heifers, but I can't justify borrowing money to buy more mouths to feed. So if you know something I don't, say milk prices exceeding 20 bucks by the end of the year, please let me know so I can move ahead with my expansion <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite8" alt=":D" title="Big grin :D" loading="lazy" data-shortname=":D" /> .</p></blockquote><p></p>
[QUOTE="novaman, post: 640768, member: 2744"] I'm a bit curious about your comments. What makes this the right time to get into the dairy business? Not trying to be a smart guy but the milk price is still far below the cost of production. I'm doing everything I can just to work through this dip in the market. I can't imagine someone getting in right now. Sure heifers are selling more reasonable now but a thousand bucks is a thousand bucks, not to mention the cost of feed. If the market turns around relatively soon I would agree with you, but it seems as if it's going to be a long road back to profitable milk prices. A majority of the dairies that had been going in this area have said enough and quit. I have access to some bred heifers, but I can't justify borrowing money to buy more mouths to feed. So if you know something I don't, say milk prices exceeding 20 bucks by the end of the year, please let me know so I can move ahead with my expansion :D . [/QUOTE]
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"Voluntary" cutbacks
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