The short answer is no, there won't be a profit this year and possibly the next 2-3 years. I've been around cattle all my life and raised them for over 50 years. When there is an election year, especially when there will definitely be a new president, the markets suffer.
In my opinion this is the time to cull your herd. When the market was good, I sold all my heifers and kept the productive older cows. Now that feeders are low, I'm keeping my heifers and culling my older cows. I sold 10 aged cows last week and may sell a few more. They haven't dropped in price as much as feeders, percentage wise. When prices recover, I'll have younger cows.
I don't think I'll ever see the bubble that we had a couple of years ago again in my life. In the long run, a market bubble is seldom a good thing for any commodity.
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Today's Featured Article - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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