Oatmeal didn’t win Grand Champion at the Fort Worth Stock Show, but after the Fort Worth Star-Telegram published a story about the blind steer and his 13-year-old owner, they both became “people’s champions.” That’s because Kendyll Williams’ extra care and hard work helped Oatmeal qualify for The Sale of Champions, where he sold for $8,000.
Like many livestock show participants, Kendyll plans to use the money for college. What she didn’t plan for was the backlash she’s received for selling Oatmeal, some of it posted as comments to the newspaper story, others on social media. A sanctuary is seeking to rescue Oatmeal, and a Crowdrise.com fundraising effort has raised $12,000
FBI Arrests Cliven Bundy
The FBI arrested Cliven Bundy late Wednesday at the Portland International Airport, Portland, Ore. Bundy, the Nevada rancher who owes more than $1 million in federal grazing fees and whose refusal to pay those fees led to an armed standoff with authorities two years ago, was apparently on his way to the Malheur National Wildlife Refuge to show support for the 40-day occupation led by two of his sons, Ammon and Ryan Bundy.
Earlier today, the four remaining occupiers surrendered to the FBI.
Bundy, 74, was booked into the downtown Multnomah County jail at 10:54 p.m., charged with conspiracy to interfere with a federal officer, the same charge filed against his sons. Bundy also faces weapons charges. The Bundy Ranch Facebook page reported Cliven Bundy was surrounded by SWAT officers and detained after his arrival from Nevada.
Oil Falls To 13-year Low
Can oil prices go too low? That’s the thinking among many analysts who say the crashing oil market is leaving a host of trouble in its wake. Chief among those concerns is the possibility of national bankruptcies in places like Azerbaijan, Venezuela, Ecuador, Russia and Saudi Arabia.
In total, crude oil has plunged an incredible 75% from its June 2014 peak of almost $108 per barrel. Today, crude oil prices dropped another 4%, and the Dow Jones Industrial Average fell by 350 points and the Nasdaq moved closer to a bear market, or 20% below its most recent high point.
NCBA Concerned CME Changes Won't Fix Volatility
The CME Group has proposed a number of recent changes in an effort to resolve instability seen in cattle markets. National Cattlemen’s Beef Association (NCBA) officials say the moves aren’t addressing the problem areas and more communication is needed between the organizations.