Posted by LAA on January 04, 2015 at 19:02:43 from (86.51.147.113):
In Reply to: Re: losing money posted by JD Seller on January 04, 2015 at 17:25:43:
JD Seller -- wouldn't you be better off right now running all of your corn through cattle? On average, there is 7 pounds of beef in a bushel of corn, with corn at $3.00 it does not take long to figure out that any class of cattle will yield at least triple that price per bushel gross, some classes would yield 5 or 6 times the elevator price. I don't think there has ever been a similar situation to the present corn/cattle price scenario but a lot of people should be getting rich in this market, especially backgrounding calves. It might be different for many people who would have to invest in facilities but you have plenty of cattle handling facilities if I am not mistaken.
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Today's Featured Article - A Brief History of Tractors in Australia - by Bob Kavanagh. After Captain Cook's exploration of the east coast in 1770 the British Government decided to establish a penal colony in Australia. The first fleet arrived in 1788 and consisted mainly of convicts who were poorly equipped and new little of farming techniques. The colony remained far from self-supporting and it was not until the early 1800's that things started to improve. Free settlers started to arrive, they followed the explorers across the mountains and where land was suitable set up farms. T
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