Great to see the discussion, this is what makes Ag Talk.  What is important is not where we are in the labeled terms, but the ability to understand the concepts, so we can modify our operations to survive the markets given to us.  Actually this needs done prior to seeing the conditions. ( stay ahead of the curve) might take years to this and will take vision.  Large regional environmental  differences offers additional advantages and disadvantages, so cannot be hard and fast rules.(North/South)  In crop talk thread on 2015 being a bad year is good read. One notes, using livestock as diversification to ride out the storm.  Even that interacts with High and Low Cost operation. (would be great for each to compliment one another) I have not heard diversification for 20 years. Have A Good Day.