0725MkNineMR30-ncoew-.cfm
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Just a scoop full
(July 25)--Warm weather continues to cause some pastures to dry out. However, a lot of feeders that have come back to the auction actually are barely medium flesh. I guess it has rained enough that the grass is washy. This is an unusual year for it to rain this much. Thank goodness it did change as we were completely out of hay by spring and the hay we could buy would normally be fed to an old cow, as it wasn't much. No one had sorry hay at that point as they all wanted big prices for it. The feeder market is great. Feeder cattle buyers are scrambling for what few feeders are available. Some feeder cattle are moving early because of these good prices. This is a very unusual year. Cattlemen are debating whether to sell early and leave extra grass in their pasture. Several seem to be trimming the bigger end. If cattle are high enough you can never be completely wrong by selling early. The marker looks like it should stay good, but it always looks that way when it has been going in this direction. This is a very volatile year with grain prices fluctuating like they have been. We have got to get some momentum going in the fat cattle market. Cattle feeders are not going to keep betting on a better market if we don't. It looks like the fat cattle market should be a lot better when these feeder cattle going in now get fat. I just hope that some of these wimps that are selling these fat cattle early every week at a cheap figure do not have any cattle to sell in four months. I think a lot of them must raise their own grain and just think they are getting less for their grain. Whatever the case is, they are getting less only because they allow themselves to be manipulated. If they want to survive, they better toughen up. It seems the packers simply sell the futures hard any time we get some momentum going. The problem is in the last several years they don't have to sell in hard only one day and most of us cave into a different attitude. They play their cards well and we willingly show them our hand every time. That's enough negative thoughts. It's time to get positive and try to make some money. Have a good week. Editor's note: Jerry Nine, Woodward, Okla., is a lifetime cattleman who grew up on his family's ranch near Laverne, Okla.
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