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Papaw, Garvo and other experienced cattlemen
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redrobin
Posted 4/19/2015 09:27 (#4524483 - in reply to #4524206)
Subject: RE: Papaw, Garvo and other experienced cattlemen


I personally don't expect a "crash" in cattle prices. I expect ups and downs of course but the real danger seems to be outside forces. Increased property taxes, income taxes,regulations, etc. along with increased expenses to be the downfall of most cattle operations. Capital requirements also prohibit some new ranchers from getting into the business. The last 15 years have been good but not good enough to encourage much expansion. I don't see any young kids going to college to get out and strike it rich working in the cattle industry like you might in the computer industry or even the oil industry.
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