Farms.com Home   News

Is This the Right Time to Grow the Cattle Business?

By  Dr. Andrew Griffith

Is this the right time to get in the cattle business or grow the cattle business considerably? This seems as if it is just the opposite question as what was discussed in last week’s column, but this question was asked twice in the past week.

The first thought is that buying into a business that is at the top or near the top is not typically the best decision. However, that is not always the sole determining factor as other opportunities may present themselves due to that simple decisions.

For instance, there may be neighbors looking to sell their herds and want someone to rent their ground. Sometimes a person has to take advantage of the longer-term opportunity of renting the neighbors ground and that may mean purchasing some cows at the top of the market. There are other similar instances, but a person still needs to put pencil to paper. In these special circumstances, it often takes long-term planning and budgeting to determine if this is a good decision. Thus, buying in when the market is high could still be a favorable decision for some market participants.

Source : osu.edu

Trending Video

Georgia Farm Bureau Unites County Leaders to Strengthen Agriculture Advocacy

Video: Georgia Farm Bureau Unites County Leaders to Strengthen Agriculture Advocacy

The Georgia Farm Bureau recently gathered over 150 county presidents for an event focused on grassroots leadership, advocacy, and collaboration. With agriculture policies starting at the local level, this meeting provided a platform for leaders to share ideas, engage in advocacy training, and ensure a unified voice for Georgia’s farming community. Experts like Tom McCall, Amelia Junod, and Austin Large emphasize the importance of political engagement, consistent messaging, and strengthening connections with legislators. Watch to learn how these leaders are shaping the future of agriculture in Georgia!