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Today's beef producer faces a difficult economic climate. Prices for calves, feeders and fed cattle are low compared to 2 years ago. Feed grain prices are soaring due to high demand and short supply. Access to borrowed capital could become limited for some. Cow-calf producers, especially, need to control costs and yet maintain productivity. Cash leasing of bulls and share-leasing of cows may offer ways to help control costs and acquire capital, if such arrangements are fair and offer all parties the opportunity to succeed.