PF - I tend to agree when you consider
returns to time and equity. It takes an
extra hour or two to seed and additional
quarter section, some time to combine,
storage and marketing don't take any
extra time. When you consider adding a
beef cattle enterprise to the mix, it
doesn't look too attractive. For
existing operations, it comes down to a
choice between ROI, value adding lower
cost grain and a return to labour. It
will be interesting to watch this shake
out over the next few years.
If you are careful about costs, and what
work you do, beef cattle are still a
good investment in my mind, but you have
to stay out of the tractor.
returns to time and equity. It takes an
extra hour or two to seed and additional
quarter section, some time to combine,
storage and marketing don't take any
extra time. When you consider adding a
beef cattle enterprise to the mix, it
doesn't look too attractive. For
existing operations, it comes down to a
choice between ROI, value adding lower
cost grain and a return to labour. It
will be interesting to watch this shake
out over the next few years.
If you are careful about costs, and what
work you do, beef cattle are still a
good investment in my mind, but you have
to stay out of the tractor.
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