"We work every day...not just sale day!"

Thursday, January 31, 2013

AHEAD OF THE CURVE

Wish I could tell you what the bull market is going to be like this spring.  Not a day goes by without someone asking me that question.  So far sale averages have been good so optimism is holding its ground.  Gas and fuel are some lower but feed prices are a lot higher.  It's even snowed a few times in the last month or so indicating that the cycle could be broken.  Is the drought cycle broken?  Seems to me that folks have not forgotton how dry is was last year and how dry it still could get.  Cows numbers are the lowest in years yet cattlemen feel helpless and unable to take advantage of the opportunity to sell on a truly supply and demand market.  Pastures got hurt badly last season.  Spring and summer grazing won't be as good as you think even if it does rain cats and dogs.  So back to the bull market after a lot of rambling.  I'm predicting they'll be good with maybe averages a little lower than last spring but profits could be as good or better.  Put that in your pipe and smoke it!

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