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Sl23

07/22/14 8:17 PM

#7536 RE: HempLife #7535

Fully agree can't wait for them to announce some cattle acquisitions

beekeeper65

07/22/14 8:44 PM

#7537 RE: HempLife #7535

I read the article. It is only talking about beef etc. at the retail level. Higher prices at the store means inflation. You have to track the cattle futures, corn futures and other commodities, plus weather to get a true picture of how profits would be affected for Conexus. These factors and others brought down AG Foods. They had to cook the books over in China to show a profit, and they got caught. You have to realize it takes a cow a lot longer to grow to market size than pigs and chickens. That may be the reason no one has tried this before. Certainly others have run the numbers on this idea long before now. Don't get me wrong, I want this to work as much as anybody, but you have to be clear eyed about it, and not wish it so.