Since I started posting on Ranchers, I have aged a tiny bit and gotten substantially dumber. By the time I have teenage children, I should have reached my dumbest point, only to gain wisdom from there. At least, my dad looks a lot smarter now than he did when I was 15.
As it pertains to you older, er, more experienced and seasoned cattle producers out there, how about that market? Articles all over the place talking about how the packer is messing us all over and how cattle are going to turn into the hog and poultry industries. I have my doubts on that opinion, but as it pertains to market pressures, what do you think about purchasing stock right now?
The wife and I are young, and both need "grown up" jobs plus a side hustle, but given that, does it make sense to sink a little borrowed capital into calf factories? I think the idea is to buy low and sell high, but my crystal ball is cracked and not telling me when to pull the trigger on breds that will wean calves at the top of the market.
Short grass, short cows, short life. But I'm in tall cotton.