(March 6)--The fat cattle and feeder market has fallen some for several weeks. Calf prices have fallen also but are still very good considering the feeder and fat cattle market. It is frustrating for those selling feeder cattle, as most of those cost enough as calves that it is only a breakeven at best with some losing. There have been very few cattle coming out of the feedlot that have made any money for the individual or smaller cattle feeder for a long time. A friend told me yesterday that he had some very nice cattle that were sold last week that fed a lot better than he expected with the cost of gain at $111 per cwt. and the cattle still lost $20 per head.
Even with the market being frustrating we have received some very nice moisture that covered a large area. We have had three snows with the last one being a blizzard for one day but luckily it didn't last any longer than it did. We have got a better shot for grass and hopefully a wheat crop than we have had for a long time. With calf numbers being short I look for a lot of hay to be baled particularly with the price of calves. This would be welcomed as there is a little hay stacked around but not a lot of extra. The wheat should explode with some of mine being small enough that you can row it, but that is better than it was.
All in all most of us need to make some money. And in a drought with high grains it has been very difficult having to feed them every bite they eat.
There is a couple that have been friends of mine for a long time. They had been married for 25 years so he took her on a cruise for their anniversary. She accidentally leaned over too far on this ship and fell overboard. There were no signs of her at all. They finally told him to go home and they would continue looking for his wife. After three days he received a call from the captain of this cruse. My friend had not slept for three days. He told the husband that he had both good news and bad news. He said the good news was that they found his wife, but the bad news is she is dead. But he said there is some other good news. He said, "When we retrieved the body there was a $40,000 pearl attached to your wife." The captain said, "We just want to know what you want us to do." The husband thought for a minute and said, "Well, can I have the pearl?" And then he said, "Do you mind tossing her overboard one more time to see what might happen?"
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