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Just a scoop full
(Sept. 12)--Who would have ever guessed that wheat would get this high? It has stayed a very cheap price for so many years that I think most of us were caught by surprise. They came out with a report that showed the estimated stocks or wheat supply for the world would definitely be lower. This has put traders and countries needing wheat into a very aggressive mode. Ironically, corn would normally follow this huge increase in price. However, the corn supply seems to be large, stopping a run away in all grains. I asked a friend who is in the commodity business what he thought about this wheat market. He reminded me of an old saying: "In a bull market, the bull needs to be fed everyday to keep it going, but in a bear or bearish market it only needs to be fed once for it to have its effect." Whether it is the grain market or cattle market or whatever, that is something we should all keep in the back of our minds. I do not like to be a pessimist, but I do not want to give away everything that I have worked for over one bad judgment call or worse--something I have no control over. Don't put all your eggs in one basket. They might break. Some people think I have fallen off the deep end. Others say "congratulations" while others look at me with a puzzled look. I have adopted two more boys. They are 6 and 7 years old. My older boys are 12 and 14 years old. It has been good so far; however, you forget that the younger ones need more assistance. It is like mixing a cattle herd--we are establishing a new pecking order. So far my voice is still the strongest. I am a sucker for the underdog. I always have been. All foster parents particularly the good committed ones deserve a special place in heaven. They do so much good for kids at a very critical time in their life. These kids didn't know what love was until they found their foster mom and dad. When I adopted my oldest son the foster mom was crying when I drove out of the driveway. 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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