From my outfit to yours, have a very Merry Christmas! But, let’s not forget the real meaning of the season. Hopefully you’ll take time to pause and give thanks for the privilege of being in the greatest business, in the greatest country, and with the greatest people in the world.
It’s been a wonderful year to be in and around the livestock business and everywhere I go folks are grateful for the record prices they are receiving. Some are even selling inventory they’d normally keep but due to strong prices and the opportunity to reduce debt load they are turning loose. How long will it last? That’s the sixty four thousand dollar question. Wish I knew!
From a supply & demand standpoint we look to be in a very favorable position for some time to come. However, supply and demand mixed with greed and ignorance has always proven to be a volatile mix. Pay attention to detail and stay abreast of what the experts reveal. The cattle business has always been cyclical so be prepared, these good times may not last forever. In the meantime, be good stewards of the industry, thank God for all you have today and pray for more of the same for tomorrow.
GOD BLESS!
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