How to handle a market downturn

摘要

With prognostications of greater cattle numbers and lower market prices for the next few years, it's time to take a hard look at your costs and where your profits come from.With average cow costs exceeding $800 this year, producers are looking forways to keep their businesses afloat while riding out the downtrend in the cattle market. It is a hard lump to swallow for some producers, but by using a little savvy, a sharp pencil — and possibly seeking some outside input — ranchers may be able to swallow the lump and continue to operate.