Supply and Demand

Supply and Demand

For the most part, cattle prices go up and down as a result of supply and demand.   When demand exceeds supply, prices go up – as they did in 2015.   Cow-calf producers were selling 500-pound calves for an unbelievable $1500 per head.   I don’t know of anyone who...
Supply and Demand

Willingness To Change

Whether you want to believe it or not, your survival in the cow-calf business will be dependent on your willingness to make some changes.   Prices will continue to fall, while the cost of inputs will continue to rise.   A 500-pound steer is worth $500 less than it was...
Supply and Demand

Preparation for the Future

What are your plans for the future?   Most people don’t want to spend much time thinking about the future – especially if the future might involve change.   Most people hate change!   You, however, are not “most people.”   You know if you do not prepare for the...
Supply and Demand

You Need A Competitive Advantage

The lead-off article in our 2017 Winter Newsletter was entitled “Do You Have a Competitive Advantage.”   I bring this up again because we firmly believe having a competitive advantage will be the difference between mere survival and true success in the future of the...
Supply and Demand

Dare To Be A Contrarian

No matter what the business is, very few in that business will ever have a competitive advantage.   Why is that?   The reason very few people will ever have a competitive advantage is because nearly everyone is essentially doing the same thing everyone else in their...