Posted by IaGary on November 29, 2011 at 06:25:03 from (69.63.5.162):
In Reply to: Re: Ethanol posted by JDseller on November 28, 2011 at 22:03:05:
Guess I did miss where the subsides were here before the latest blenders credit they are using now. But those subsides were small in comparison to the subsides the farmers were getting cause of cheap corn.
JD no one is twisting your arm to buy more feeder calves to finish out to loose money.
If cattle aren't making money don't buy them. The price of cattle has gone up and will continue to do so with high corn. The reason being that guys like me that have no permanent pasture, sold our cows to grow more corn. With corn headed to $4.00 or less with one good crop nation wide,you cattle guys will be reaping the dollars. Takes a few years to rebuild a cow herd to get those numbers back up. In the mean time cow guys will do good.
Now lets look at the other side of your business, selling machinery. Can you keep up selling? Where is all the money coming from to buy the machinery?
Maybe in your neck of the woods the machinery is not moving like here because you have more livestock in your area. I don't know. But down here in SE Iowa the dealerships cannot write the orders fast enough.
Not trying to be a smart a$$ just having an open discussion here.
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