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by nythoroughbred

"Mr. Loos' not-quite-revisionist history lesson proves one thing ... he's all hat no horse."....Read the story...
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(Oct. 24)--I am very disappointed in the fat cattle price. Perhaps I was just as misled as several others. I know many times cattlemen build their faith off of other cattlemen, particularly if the futures market is going up.

It appears, from my angle, that packers often sell the futures hard enough to stop any extra momentum that we have, saving the packers millions (if not billions) of dollars. And the sad part of it is many times it only takes one day lower on the futures to completely change our momentum. I do realize that many times we are our own worst enemy when it comes to making money. We are often like a kid in a candy store--if we have money in our pocket, we are going to spend it. I just hope I do not live long enough to see the day when our cattle market is totally controlled by packers or corporations. And I didn't really plan on dying any time soon.

But, on a brighter note, a lot of us still have the opportunity of owning land and cattle ourselves. And a lot of us single men can still say we are our own boss.

So far, with adding the two new boys to the family, everything is going probably better than could be expected. I challenge any family that has a desire to help other kids to consider foster or adoption. It's not a bed of roses but it does make you feel good, if you can help some less fortunate kids do better in life. Often the most important thing to them is to know that somebody cares.

Hopefully the fat cattle market will get better soon. I hope so. A hundred dollar bill doesn't go as far as it used to.

Editor's Note: Jerry Nine, Woodward, Okla., is a lifetime cattleman who grew up on his family's ranch near Laverne, Okla.

Date: 10/31/07


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