Cattle Bids Turning Up

[GreenValley]

ASRG, don't even say that young are
dumb. We are keep going every generation
from thousands year ago to now. And we
need young to carry on next generation
and hope that baby boomer year not too
serious. During 1930's When west want
pioneer farmer to move west. They giving
away royality mineral right when
purchase land. Maybe in future like baby
boomer year I am sure Govt will put
royalty mineral right back program to
attractive younger into buying land
farming to meet end.

[cottonpicken]

Being the oldest commodity bull on site,it is my
humble opinion that cattle could possibly be one of
the top ten investments going forward in the mid to
long term,short term maybe not,and if you feel bad
about what you are doing go make subs at
subway,greet at walmart,or trip pipe on a rig,then
your eyes open and you remember why you love
farming.

[Happytrails]

Terrific discussion guys. I have long since given up outsmarting the market. I follow my gut and what my assets are best used for and live with the consequences. My only advice for the succeeding generations is to go with your heart because you will never succeed in anything that your heart isn't into. HT

[ASRG]

In my area there are no young farmers. Too close to the city...the only growth industry is sudivisions!
What I was trying to point out was it does not make sense to buy hay at $200-250/ton? Lots of these Americans in the drought areas are feeding cows already. Makes more sense to sell and buy back in when conditions are better?

As far as working until you die....its your life, live it how you want. Not many people are willing to do that.

[T.N.T.]

If you consider cattle and farming work,you chose the wrong occupation for your life.Do you know how many people would love to have our careers,if they only new what it was like?The Mrs and i have been here and there,since the boys are basically in charge of things now,but no better feeling when getting back home and taking a walk through the cows,or helping the boys do whatever needs doing.I couldn't think of a better way to spend our golden years,then doing what we love to do.

[errolanderson]

T.N.T . . . you are a very wise man.

Enjoy your perspective

[grassfarmer]

TNT, I love the work with cattle too and wouldn't do
anything else but the economics are still not that
great.
Lots of outsiders would love the lifestyle and work
but tying up a million dollars of their money for a
sub $20,000 income ....not so much. Real estate
appreciation makes for a retirement fund if you sell
out but it doesn't cash flow so good earlier in life.