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| I guess I like to see swings in the cattle market to keep the rifraf out and give the young guy a chance to buy in on the lows. If it were guaranteed money like row crops, land prices would skyrocket in cow country and the young guy would have to have even deeper pockets then you’re talking about. They call it the cattle “cycle” for a reason. If you aren’t in this game for the long haul, bail now while prices are high. A lot of opportunities to buy in over the next couple years for those interested in cattle. Its easier to weather death loss of $1200/hd vs $3000/hd.
Agriculture is a zero sum game. No matter how high commodities go; not every producer can get a new tractor, pickup, etc. It’s a function of supply vs demand, hence why new things keep increasing in price. | |
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Cattle market rant
