Posted by kyhayman on November 20, 2008 at 10:35:34 from (75.104.128.56):
In Reply to: Re: milk prices posted by muckfarmer on November 19, 2008 at 21:34:34:
It always has been and always will be business if you intend to survive and turn a profit. My highschool ag teacher gave me some advice 25 years ago that has served me well, every 5 years the bottom 20 percent will go out of farming. If you arent committed to staying on top in 25 years your turn at the bottom will come. I've tried to follow that over the years, study the markets, manage, keep records, cut costs, increase production. So far its worked. Amazingly enough, Im back with a similar product to where I started production-wise. But, had I stayed with it for the last 25 years I would have gone under in the 90's.
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