These thoughts have been on my mind for awhile now and I can't get my mind wrapped around them yet. What do some of you producers think about taking on more cow debt if you had picked up a grass lease to support another 150 cows at $8/aum. the lease also includes 400 acres of irrigated alfalfa/grass that would cost $45/ton on the stump for all three cuttings. The only condition to the contract is that the cattle stocked on the grass are straight Hereford.
Another question, I have ran a custom haying business since I was a kid that has certainly helped keep me on this place. This fall I picked up three jobs that are way out of my capacity as far as acreage anyhow for the equipment I have to get it done in a timely manner. I am working with John Deere right now trying to either finance to buy or lease two new or very low hour swathers, a JD 7830, 7920, or 8000 series tractor I could still pull 30ft of drills with at home, and two pull type windrowers. Right now the way things are everything pencils out pretty well but in the past I have never really been afraid to take on more debt as long as I was confident it would work. I guess I am saying for the first time I am half a** scared to take on more debt with all the talk on our economy. Would you just go on with the mentality of business as usual.