Rain sure is wonderful, when you can get it! It seems like most
of the “80%” chances for rain turn into fog or a light drizzle. It
has been quite a while since the central U.S has gotten much in the
way of rain, and even longer since there has been one of those week
long soakers. Of course, it will come someday, hopefully sooner than
The cattle market still seems to be on a roller coaster ride. The
futures board makes jumps and falls almost daily, while the cash
market seems to be just tossed around like a leaf in the breeze. It
sure is hard to understand how cattle that come out as fats at nearly
the same time can be worth $5.00 or $10.00 a hundred different in a
weeks time. That seems like telling a sixteen year old they can use
the car this night but not another, without any reasons.
It seems like if a company is in the business of producing a
certain thing that they would be in the market every day. For whatever
reasons, there sure seems to be a lot of jumping around anymore. Of
course, gas prices jump around about as much as cattle so maybe there
is some correlation.
Officially it won’t be spring until March, but the weather last
week sure felt like spring! If it continues, it sure won’t be long
until the trees start budding, the grass starts growing and the bugs
start coming out in full force! Hopefully, we can get a few more days
of rain, snow, sleet or something that resembles real moisture. It is
almost scary to drive around the central part of the nation and see
how low, or dry, the ponds and streams have become.
On the plus side, stocker cattle don’t seem to have much trouble
finding a home! Demand for light cattle continues to be very strong
and if we ever do get good moisture in the grazing areas it could get
a little better! Calves are starting to hit the ground and it won’t
be long until some pairs start showing up at auction. It will be
interesting to see what they are worth, with a rain and without.
One thing is for sure, there will probably not be any kind of
Page 2 of 2 - wheat run north of the Red River! The major wheat grazing areas of
Kansas, Oklahoma and the Panhandles are sorely missing any big numbers
of cattle. There are some, but for the most part there seems to be
more cows turned out than usual. Hopefully, the grass will come, the
ponds will fill, and we can start getting the numbers built back up so
our markets are not so volatile!
Get in the action! Go to the auction! Raise some beef!
Pray for rain!