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What to do with land if the cattle industry collapsed?
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<blockquote data-quote="Brute 23" data-source="post: 1601125" data-attributes="member: 6291"><p>I understand that but it's nothing like the gulf coast either or it wouldn't be $800. Just making the point that just because it's cheap doesnt mean it makes money. </p><p></p><p>The last land my family purchased was like $1200/ ac in the 90s. It's a pair to 3-5ac country. It was manageable at the time because there was paid for land and cattle and equipment to help tote the note. A person might have made a good run at letting only the cattle on that place pay for the land at that price, but you wouldnt have paid any outside bills or taken any thing home for a good while. Plus you would have had to go thru two pretty bad 4 year droughts not too long out the gate. I'm talking real droughts and $.80/lb markets... not these little dips every one is crying about now days.</p></blockquote><p></p>
[QUOTE="Brute 23, post: 1601125, member: 6291"] I understand that but it's nothing like the gulf coast either or it wouldn't be $800. Just making the point that just because it's cheap doesnt mean it makes money. The last land my family purchased was like $1200/ ac in the 90s. It's a pair to 3-5ac country. It was manageable at the time because there was paid for land and cattle and equipment to help tote the note. A person might have made a good run at letting only the cattle on that place pay for the land at that price, but you wouldnt have paid any outside bills or taken any thing home for a good while. Plus you would have had to go thru two pretty bad 4 year droughts not too long out the gate. I'm talking real droughts and $.80/lb markets... not these little dips every one is crying about now days. [/QUOTE]
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What to do with land if the cattle industry collapsed?
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