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E ND | I don't think he made $1000/hd either, that doesn't math. I agree with your example.
The bottom line is playing with "X" amount of dollars invested and making marketing decisions in buying/selling cattle like any commodity to make the most profit you can in the shortest amount of time for the greatest return on investment. Obviously have to work within your practical limits for what you have for trucking, facilities, feed/cost of gain, pasture, cheap interest/borrowing, whatever and playing to the strengths as far as cost advantages go vs. your competition. The sell/buy profiting is laying your "profits" back into the investment in the next buy and compounding.
The whole deal starts with buying undervalued, and selling overvalued and in cattle that's generally a seasonal situation so you need to be setup to capitalize on that from both a cash flow and facilities/feed/manpower situation to hold the cattle through the low for that class of animal. | |
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Help me understand the sell/buy approach to profiting
