Input capital corp

[tweety]

cuz that's what grain farmers do. Strive to grow less. Not spending every checkoff dollar and government research dollar trying to squeak out just that little bit more yield.

[bucket]

I only ask because if you have 100 head with nice weather you are not going to have 200 calves out of them.

It's a little different than grain farming.

Cattlemen have an opportunity to prove the theory. And they have nothing to lose other than some work.

[kato]

Our plan is to maintain the herd and get out of debt. We are not getting any younger, so aren't looking to expand. Last fall is the first one where we didn't buy a couple of hundred feeders, and we are kind of liking not having that extra work.

Any expansion we would do in the future will involve the feeders, not the cows. Our herd matches our land base, and we have developed a real hatred of debt, so won't be going down the road of buying land.

A holiday now and again would be nice.

[bucket]

Kato

Good but in order to use feeders you need someone in the cow calf business.

My question still remains. Does it makes to downsize, take some cash , make the same money and do less? And at the same time extending better prices with lack of supply?

[bluefargo]

Theoretically a low dollar is good for anyone exporting, like farmers, and I'm sure it is. But for some reason I liked it when it was higher. Maybe because I travel once in awhile. I'm sitting in the Toronto airport as we speak. It just seems
when we have a strong dollar we are more prosperous. Just saying!

[farmaholic]

At what point will domestic prices make it more attractive for importers? Kangaroo meat anyone?

[Hopalong]

If 80 cent dollar is good, why would not a 50 cent or 10 cent dollar be better?
Question of where to draw the line in descent to zero.

[kato]

It makes sense to downsize if finances allow. For sure, it makes sense to improve the balance sheet first though.

Even maintaining is good, for now, since the over all cattle herd is so low, and rebuilding takes several years. When rebuilding starts, numbers usually tighten up some from heifers being held off the market. A bigger worry is how fast the hog numbers can go up.

As for the feeders, We would like to give this new market some time to settle and find it's range.