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CNY | I don’t see what you think is being done wrong.
More work, more risk, more reward in theory. Realistically corn and bean there’s not much risk. Hail, flood, drought crop insurance covers. Poor markets the government sends you money.
If you go buy 80 pairs at today’s prices and a respiratory bug comes through and kills a third of them then what? If they don’t breed back then what? If a politician decides the price of beef is too high and decides to import a bunch then what? Same could be said for all of this stuff with sheep.
There’s more risk and investment with livestock so there should be more reward. But there’s not always. Why do you think guys are selling heifers at today’s prices instead of keeping and breeding them? Because they’ve lived through years of losing money on every calf.
Just trying to be devils advocate. Go back to when corn was $7. You could make an argument that all you should do is grow corn, why do anything else?
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Are we doing it wrong?
