I have owned cattle for over 40 years, and my father and grandfather before me, apparently you don't understand what I wrote. If you own the cattle (little to no debt) and have grass (which is a cheap input) and are blessed with rain to grow the grass then you have a natural advantage. Cow numbers have always peaked and troughed on a roughly 10 year cycle, crops can be increased markedly in a single season but cattle and calves cannot. There has rarely been any true oversupply of beef, the dairy buyout of the late 80's caused a temporary oversupply and the BSE panic of the early 2000's caused another temporary glut but the norm is not oversupply it is under demand, usually due to retail price. The price impact has been reduced significantly by the explosion of food stamp recipients because people who are not paying for something themselves do not care about the price, good for cattlemen, bad for tax payers in general. If you knew anything about the cattle business you would know these things.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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