NE SD | Brad, the cure for high prices is high prices is exactly right. The same goes for the guy at the bottom of this thread who thinks that he is much better off having net worth based on land and cattle. All it takes at this point is the wrong pin and will deflate ANY of the three 50%. You don't think your land can go back to 25-50% of it's value today? Tell that to the guys who bought land in the 70s. Cattle is the same thing. Packers are running in the red. How long do you think that is going to continue? I'll take an even balance and some off farm investments that don't entirely depend on grain prices. |