Two wrongs don’t necessarily make a right, but a lot of left turns will take you in a circle! It’s almost laughable how feeder cattle can stay so high, even in the face of $6.00 corn, yet fat cattle can’t hold their own. Of course, when you take out ¼ of the buyers in any market, something’s going to change!
Since when was it appropriate to let a foreign company build our military equipment and let foreign companies buy up our land and businesses? Are American companies so greedy that they would let that happen just because they weren’t making enough millions? It sure looks like the United States needs to decide who runs it, the people or the money.
The cattle market and the economy seem to be following the weather. One place gets four inches of rain and a few miles down the road another place gets nothing. It seems like in some areas the economy is as strong as ever while other areas are in a recession. Central Oklahoma seems to be in a garden spot at the moment, while the panhandles and western prairies are back in a drought! This makes it awful tough to try and fight high priced grains, especially with the calf market as high as it is! The restaurant business still looks good though, because the parking lots all look full when you drive by them at dinner time!
Where is everyone going to spend their hard earned dollars and where are they going to spend the not so hard earned ones? Gas prices are becoming a larger and larger portion of the home budget, almost as much as mortgages and rent, and even with hundreds of oil wells being drilled, the price of gas continues to get higher. Even with $10.00 wheat, the input and harvest costs are so high, the actual margin of profit may not change too much. The United States has always had high quality food at low prices, but when we let greed overtake the good of all, no good can come of it.
And what about those CEO’s and sports figures that are getting millions of dollars a year? The overall housing sector is in fairly big trouble, yet movie stars and baseball players are building or buying million plus dollar homes. When did it become more important for one person to get it all rather than America to be the best for all? Only 2% of the people in the United States claim ranching or farming as their livelihood, yet they produce for 100% of the people, not including everyone who is here on vacation, going to college for free, illegally working, or otherwise.
We have a great cattle market considering everything! There appears to be lots of opportunities in the cow business, and the world population still needs to get fed! Spring time is here, green grass is growing, and you have to own a calf in order to sell one. Take a look at all the opportunities around; surely there is something for everyone!
Thank You,
Weston Winter
