If it wasn’t for bad news, there probably wouldn’t be any news at all! At least it seems like it at times. There sure seem to be more stories of corruption, deception, rapes, stealing, lying, cheating, etc, than there is of honesty, truth, good samaritans, success, etc. Of course, what would we do if every thing worked just exactly the way everyone wanted it too?
With billions of people in the world, there are probably billions of different views on what is good or bad. Folks who live in a tropical rain forest probably don’t have the same view of a drought as somebody who lives in a desert. Two inches of rain in southern Arizona might be the same as 10 inches of rain in eastern Kansas.
As of Wednesday evening, the cattle market seems to have absorbed the mad news and gone on with business. Markets appeared to be steady all the way through with some cows actually higher. All the way around it is a great market!
It’s interesting how facts and opinions get interchanged. It’s a fact that the futures board went up or down the limit, but it’s just opinion as to why. It is a fact that the sun comes up and goes down every day, but everyone has an opinion whether that day is good or bad!
The graze out run appears to be happening now. Lots of big cattle showing up and many fields are being baled for feed. It will be very interesting to see how this springs numbers compare to historical figures! This seems like the first spring in a long time where Mother Nature and the market cooperated to let folks graze pastures out!
Cattle numbers don’t look like they are increasing just yet. There are more heifers in the feed yards and still a big number of cows going to the packing house. There still seems to be a bigger percentage of high quality females going on feed than getting bred and so far the general attitude seems to be that no one wants to calve out very many heifers.
Whatever the numbers show next year, the fact remains that you can’t raise a calf without a cow, and beef comes from cattle! The market is still good, and looks like it could be for awhile yet, but those are just opinions. Maybe some day the “news” will be more fact than opinion and educated guesses will be more educated!
There are still many opportunities coming! It sure looks like a good trade when a bred cow can be bought for a few dollars more than a yearling! How about trading some old open cows for some young open heifers? If the moisture keeps coming, babies keep getting born, and people keep eating, then someone is going to have to provide food!
Get in the action! Go to the auction! Raise some beef!