The Shell Knob Basin (Southwest Missouri) | couldn't have said it better myself... always hate to discourage anyone from entering the cattle business, but in your situation, what you have to remember is if you lose one animal, that could be a 15%-20% death loss, and thus your entire profit!... If a 1,000 cow ranch loses one, that's a O.1% death loss... which has a little bit different effects on the profitability index.... also have to remember, if it gets dry again (which i sure hope it doesnt.....but then again, thats what we said in '11) and you end up not growing enough to keep the cows fed... purchased feed will eat your profits up in a heart beat, not to mention, the cow market will probably be lower because of a heavy supply because drought always makes short bred cows come to town as weigh cows!.... but if that situation does happen, the little bit of drought stressed alfalfa youde be able to raise should be extremely high quality.... and just plain worth more because of wide spread lack of feed due to the drought..... so profitability of the forage wouldn't be all that much lower.... jsut another thing to think about....
Edited by scottcupps 3/18/2013 18:05
|