A good rule of thumb is you burn with an air temperature of less than 60 degrees Fahrenheit, humidity greater than 40% and a wind speed of 5 to 15 miles per hour measured at 6 feet above the surface of the ground.
After the last cattle on feed report, I guess the big boys decided it was time to lower the futures. In five days, October feeder cattle fell $11 per hundredweight.
What an interesting business we are in, particularly the cattle business. I was talking to a very smart man about 10 years ago who was not in the cattle business but very successful in the oil business. He said to me, “Well, you wouldn’t lose money on cattle ever when investing that much money would you?”
This is quite a business we are in when you are talking about the cattle business. It has been a very good run as far as prices and it looks like it should stay good for quite a while. But as far as feeder cattle and feeder futures they have lowered quite a bit and after the futures started falling it appeared the funds jumped in and started selling the market.
One thing about the cattle business, you are never too old to learn and sometimes I have to relearn the same thing over and over. It doesn’t matter whether you are 20 or 80 years old—and I’m not 80. I had a cow that I had just bought that had a calf.
The Woodward Livestock Auction’s Grand Reopening is being held on Thursday from 8 a.m. to 10 a.m. at the sale barn on Lakeview Drive. The event came from the transfer
Jerry Nine, Author at High Plains Journal hpj.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hpj.com Daily Mail and Mail on Sunday newspapers.