Whether you want to believe it or not, your long-term success in the cow-calf business will be dependent on your willingness to make some changes. We all have the ability to change – but not everyone has the willingness to change. Unfortunately, most producers will not change until they are forced to change.
Cattle prices will continue to go up and down, up and down – while the cost of inputs will continue to go up, up, up. In the last 50 years, the cost of inputs has risen four times faster than cattle prices. As time moves on, more and more producers will fail to have enough income to cover their expenses. Those who are unwilling to change will slowly go out of business.