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Just a scoop full
(July 18)--The calf and feeder cattle market remains very strong. It is not unusual to bet on a better fat cattle market at various times. However, it is a little unusual to have such a mediocre fat cattle market and yet buy breakevens that are $8 to $10 per hundredweight higher than the present market. I would agree that there are limited numbers of feeder cattle available now. But I also feel like your fat cattle market should never have gotten as cheap as it has. I love the opportunity that is here now with a very aggressive feeder market. Most ranchers in your area have lots of green grass. But there seems to be some willing to take advantage of these higher prices. I had a customer ask what I thought about him putting his cattle in the feedlot now. I told him I would rather see him put cattle in the feedlot when most everyone is depressed and the market is cheaper than I would with the feeder market this strong. However, I really feel the fat cattle market will be very good when these cattle get fat. I am tired of always betting on a better market. And my banker is probably tired of me betting that way also. My youngest son was at a friend's house. They started jumping on a trampoline, then soon were jumping from the trampoline into the swimming pool. He showed back at my house walking like an ole' crippled calf. I didn't give him any sympathy. I said if you are going to do dumb stuff you are going to get hurt. And then I also had to throw in my favorite saying: "Toughen up boy." I kept telling him, "If you are going to get better you are going to have to walk on that foot." Two days later I took him to the hospital to get it x-rayed as he was still not putting any pressure on his foot. The first thing the doctor said was, "Whatever you do, do not walk on that foot." Oh, well, I never claimed to be a doctor. And most people that know me realize I'm not much of a vet either. 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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