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At the end of Black Friday s short post-holiday session, February live cattle was marked down 13% from a September high, an unexpected discount on a day known for bargain sales. ....
I may not have all the answers, but for my children, and for the cattlemen of this industry, I will ask all the questions and seek all the answers. If preserving the cattle market has ever mattered to you, this is where the rubber hits the road. ....
Obvious concerns of rising input costs and a wavering economy have cattlemen of all sorts holding their breath, but export demand has continued to be stellar. Given how drastically beef cows have been liquidated, the drop in production, via marketable calves to sell, is going to be felt by all. ....
Remember to closely analyze the data before you react to a market headline, as Friday s Cattle on Feed report is a perfect example of the need to better understand the report s full context verses its simple headline. ....