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Missouri | Sometime back I started a discussion. What are you doing to prepare for this high cattle market. Well it’s ball three no strikes and the bases loaded. Regardless of how this all plays out. I hope you have prepared previous and in a position to let it fly. Various things continue to push this market.
Inflation should not be underestimated as recent political and future decisions appear to be further increasing the money supply.
Drought factors abound, both previous and future. Blend that with the future direction of grains and feed supply.
Lastly I repeat this will last longer and go higher as we are and have not pulled additional supplies of replacement females out of the meat market. Both from simple price marketing thought and the restocking from the drought culling.
Sometimes you just let it Go. Very few opportunities look like a fast ball down the center. Next 45-60 days are going to be exciting. After that a new game starts again. | |
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