It’s very hard to make money on hogs. In 1935 hogs were $0.50/lb and tractors were $500. Today hogs are $0.50/lb and tractors are $50,000.
Pardon me for pointing out that the tractors of 2020 are FAR DIFFERENT than those of an earlier generation.
Fwiw, our family were “good-sized players” in the swine production business from 1625, until the open range was CLOSED forever when I was a shirttail kid in the 1950s. -
About 2 weeks later my grandfather ordered a last roundup & sent every hog that we had to market.= Over 7,000 head went to Swift’s in Ft Worth, alone.
Yours, TMN78247.
Old timers used to call hogs mortgage payers, cause they were quite profitable.
I understand your example to show price differences; however, a low-end tractor nowadays starts at 250K$. And that may not include the tires/tracks! :-)