Beefbiz - 11/9/2018 19:00 Your absolutely right, these buildings must be used to cash flow. But are you saying we can pay current prices to buy pasture and then let it sit empty when the cow market isn't profitable? I'm thinking that's not what you meant, but that's what it sounds like. Even with stockers (which are clearly easier to get in and out of than cows) it seems pretty hard to make land payments when you don't have calves to sell... These days land doesn't usually cash flow either. But with land you have several different options to produce some cash flow that follows the laws of economics: produce the most profitable option - not just let it sit empty with zero cash flow and ongoing negative depreciation. With most confinement buildings you really don't have many options. Land purchased right also almost always appreciates. Buildings almost always depreciate.
Edited by Jim 11/9/2018 20:43
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Blue tombstone.
