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Dodge City Daily Globe - Dodge City, KS
  • News from the sales barn

  • Moisture! In the last ten days we’ve received great moisture in
    all kinds of forms! Big snow in Kansas and the Panhandles, good
    rains, sleet and snow elsewhere. It may not be enough to end a
    drought but it is sure a great start! How welcome it is can be seen
    in all the smiling faces around, even after trudging through the muck
    to do chores!
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  •     Moisture! In the last ten days we’ve received great moisture in
    all kinds of forms!  Big snow in Kansas and the Panhandles, good
    rains, sleet and snow elsewhere.  It may not be enough to end a
    drought but it is sure a great start!  How welcome it is can be seen
    in all the smiling faces around, even after trudging through the muck
    to do chores!
        Of course, it is confusing how the markets don’t necessarily
    acknowledge the moisture.  Blizzards across the feedlot areas usually
    mean lots of pounds lost, let alone plenty of death loss, and that
    tonnage loss should see a higher market, especially given the current
    herd size.  With the snow and rain covering a large area of wheat
    producing country, a person would think the wheat price would not be
    able to go higher, yet it has.
        It makes a person wonder just how much supply and demand are
    actually coming into contact with the futures markets, let alone
    common sense.  Rules of thumb that have stood for generations seem to
    be thrown out the wayside.  Granted, we have much better equipment to
    handle Mother Nature, but the only thing that has changed in cattle is
    their size and diet.
        The past week has been very slow in the auction markets, with many
    shutting down or postponing their sales because of the much needed
    moisture.  It seems like the markets have to be taken day by day
    anymore, because that’s how volatile it is.  Feeder cattle can be
    higher one day, and several lower the next.  Whatever happened to
    those feeders that were in it every day?
        Maybe the government wants to pat itself on the back, because it
    sure seems like they have scared the markets enough to ignore common
    sense and normal procedures.  We would all like the government to
    spend less money, especially on their own behalf, but maybe they
    should think about the country, or the world, as a whole, rather than
    just their little corner of it.
        We have a great start to spring!  All this snow should do wonders
    for grass and wheat, warmer temperatures are only a few weeks or maybe
    days away, and the market is still fantastic!  It really has not been
    Page 2 of 2 - that long ago that calves were only worth $500.00 instead of $800.00!
    It will be interesting to see how the bred cow and pair market is this
    spring.  The potential looks fantastic!
        Take advantage of these great opportunities!  When everyone else
    wants to buy, maybe it would be a good time to sell and vice versa.
    When the snow and ice clear, temperatures rise and folks get out
    again, they will probably want to go buy all the groceries they
    couldn’t get earlier.  People are still going to eat, and American
    beef is best!
    Get in the action! Go to the auction! Raise some beef!
    http://www.cattleusa.com/

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