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  #781  
Old 02-05-18, 05:42 PM
Username1 Username1 is offline
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Originally Posted by Arrogate View Post
Grass fed

Didn't know you were in the cattle game.

I will be sure to tell my boss he needs to switch to be grass fed only
Yeah if you want garbage beef feed them grass. Arrogate, I was talking to a farmer neighbor of mine about buying calf and raising it, then of course taking it to the butcher. He raises Angus, he told me I wouldn't really see too much difference if I bought a dairy cow calf and did the same. He said they are cheaper to buy. Thoughts?
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  #782  
Old 02-05-18, 06:04 PM
Arrogate Arrogate is offline
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Well the funny thing about Angus is that as long as a cow has atleast 51% of it's coloring as black, then it can be considered Angus beef. You can see how when burger king or some fast food place says they have Angus they probably dont have the Aberdeen Angus you are associate with Angus beef. It may have some in it's blood but it just shows it can be manipulated to a degree.

For most breeds it comes down to how you feed them. Obviously there are differences in the quality of the meat but it's not like it is bad if you raise it correctly.
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  #783  
Old 02-05-18, 06:05 PM
Arrogate Arrogate is offline
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Best thing I ever bought was a huge freezer to store meat
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  #784  
Old 02-05-18, 07:01 PM
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eastside_purple eastside_purple is offline
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I have a bevador cooler for beer in the basement. Not sure if it’s the best thing I’ve ever bought, but it’s close.
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  #785  
Old 02-05-18, 07:09 PM
Arrogate Arrogate is offline
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I have a bevador cooler for beer in the basement. Not sure if itís the best thing Iíve ever bought, but itís close.

Those are sweet
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  #786  
Old 02-05-18, 08:57 PM
domi domi is offline
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Originally Posted by Arrogate View Post
The cattle industry is pretty wild, I admittedly know very little about it but the way they buy and hedge cattle on the market it is a really intricate business. I have a lot of respect for my boss because he built his company from the ground up as has stayed in business for so long especially when the markets were so volatile. That old man knows his sh1t.

What's cool about his deal is that he has all these ag businesses and he keeps paying himself throughout almost every stage of that cow's life, from the feed, grain corn, etc to sale barns, feed yards and just has it really going on.

Never really knew how much money was involved in that industry. And you need a lot to be involved in it and similar to any investing be ready to take losses
A guy I use to work with was a controller for a farmers co-op. Much like you say I couldn't believe it about the amount of money he said would flow through that place. It was definitely not little house in the prairie style where you buy a young cow, raise it, then march it on down to the slaughter house.

On a somewhat related note I found a couple years ago how a butcher can mess up a cow. I went half with a friend on a whole cow and we ended up with some horrible cuts of meat. We ended up getting everything replaced but I have never ate such bad steaks in my life.
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  #787  
Old 02-05-18, 09:31 PM
ZBomb98 ZBomb98 is offline
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Working in financial services during back to back huge down days is fun.

Everyone is high fiving when their accounts are up 20-40% in one year. As soon as they lose 6% in two days, you'd think they should be calling the suicide hotline.
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  #788  
Old 02-06-18, 09:42 AM
OhioBobcatFan06 OhioBobcatFan06 is offline
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What's cool about his deal is that he has all these ag businesses and he keeps paying himself throughout almost every stage of that cow's life, from the feed, grain corn, etc to sale barns, feed yards and just has it really going on.
vertical integration nice
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  #789  
Old 02-06-18, 09:49 AM
WinstonSmith WinstonSmith is offline
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Gentlemen about 6-10 years out from retirement sold to fixed positions in May. Decided today to get back into a 100% stock allocation. Thinks he timed it great, doesn't realize he missed on an ~20% rise in the market from May-late Jan.
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