Good times roll around the Cattle industry and its a time to evaluate where the profits are utilized.  Over the years one could identify good cattle years by the Year Pick up guys are driving. While much of this question actually will vary with the producers age.  I will start out that I put a lump sum on debt.  I had a 25,000$ Covid SBA non secured loan that I really thought would be forgiven.  I gave up and paid it off this morning.  This loan had been interest only and was costing me $122 a month to keep it.