Tablerock Ranch eastern Wa | Betting on the come happens way to often in our business, we beat ourselves up when we get dinged, but we heal up and do it again. We are not stupid as some suggest, this is what we do and have invested plenty in getting facilities built to the point we can do it. We can't all sit idle as some suggest. It is not unlike the other side of many of our farming enterprises where we put a crop in that has bleak prospects and hope for the best, big difference is the system for the feeder is often broken and dislocated from the true realities of supply and demand, as demonstrated constantly by big swings do to trading volume not inventory or demand. The wheat cattle are driving up prices and the fat board is way to slow in reacting, impossible to hedge a break even in these cattle, so protect the best you can and put your chin down if a person wants to feed cattle. Oh, and if your Cow calf "enjoy your day in the sun" |