Smart move! The guys with no debt can walk if they have to and still have something. There is always a way to make money. I think by the time this all plays out there will be a lot of people doing something else.
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yeah there will plenty people doing something else and the feedlots will still be owned by somebody, feeding somebody's cattle. There's no doubt the face of the industry gonna chance a lot and the numbers might change temporarily but the cattle business is not gonna disappear.
What will appear is a leaner mean industry. I have customers, with the resources, that are fasttracking their expansion plans. They look at this situation as an opportunity to made their buck go farther.
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