How you can tell everyone has lost interest cattle

jd720

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Tennessee
I hauled to the local sale barn today and noticed even the old pen hooker wasn`t there. You know it`s bad when even the guy who tries to steal them every time you go there gives up trying.
 
jd720":1wg2ljvu said:
I hauled to the local sale barn today and noticed even the old pen hooker wasn`t there. You know it`s bad when even the guy who tries to steal them every time you go there gives up trying.
Is that like a lot lizard?
 
Browning`s in Lafayette. I think that was the only time I`ve been there and there wasn`t a pen hooker there.
 
RanchMan90":368tkg2q said:
jd720":368tkg2q said:
I hauled to the local sale barn today and noticed even the old pen hooker wasn`t there. You know it`s bad when even the guy who tries to steal them every time you go there gives up trying.
Is that like a lot lizard?


LOL, no !!! you get screwed just the same but with a lot lizard you feel good for a few minutes after
 
I guess I'll tell this story, every time the subject of a pen hooker comes up. When I was kid, I rode with grandfather to town, to take off an old sow, that was cripple in her back end. You could sell hogs then at the stockyard here. I guess you could sell cripple animals to, because this one was. We pulled up to the yard, and a pen hooker jumped right up on the running board of his '58 Chevrolet truck. The old sow was sitting in the bed (not uncommon for a pig to sit in transit). Can't remember exactly what the penhooker offered him for her, but she was a huge sow. I think it was a $100. Granddaddy reached and took it, and said you gotta drag her out. I see no way, she'd bring $5 at the sale. Granddaddy was a big man, and the pen hooker just took his bad luck like a gentleman.
 
Dave":zhdmvm0l said:
I don't know if they lost interest or if they are like everyone else and just don't know what cattle will be worth today.

You may be right there`s no real baseline price to start at right now we all just take our chances unfortunately I don`t see much changing for awhile.
 
The old penhooker is probably smarter than most of us. He knows it is more of a gamble so he just keeps his money in his pocket. I have bought a few calves every week and each week I think, darn they are too cheap. The next week those look too high compared to the ones there now.
 
kenny thomas":3ka2mltu said:
The old penhooker is probably smarter than most of us. He knows it is more of a gamble so he just keeps his money in his pocket. I have bought a few calves every week and each week I think, darn they are too cheap. The next week those look too high compared to the ones there now.
The cattlemens association said the outlook for next year does not look any better. Our Administration is allowing live cattle imports from brazil starting last month, large surplus of cattle population is not looking good for the market.
 
Haven't heard this news. This could put the nail in the coffin of a lot of smaller farms for sure. I know of a couple of families that have borrowed big money to get into the cattle business. They borrowed last year based on the cattle market to continue the trend of high prices. Now, they are in worry mode as to how they will make the payment. I'm just hoping the bottom is close and prices can stay flat or even gain a few cents soon.
 
Everyone I talk to is doing the same things, holding back every heifer possible. So this tells me the glut will last longer and those with notes are in big trouble, that is if they expect the cattle to pay the note. Everything in life is based on supply and demand, and right now in the cattle business we're screwed. All one can do is hang on till the smoke clears. Because it hasn't even begun to get bad in my eyes yet, fuel, fertilizer, and feed is still relatively cheap. Give us 2012 commodity prices and then it'll be bad. Also if your operation can't sustain it's self for 3-4 years on a $1.00 a pound live weight your going to be out of the cow business.
 
kilroy60":wl81a2o9 said:
Haven't heard this news. This could put the nail in the coffin of a lot of smaller farms for sure. I know of a couple of families that have borrowed big money to get into the cattle business. They borrowed last year based on the cattle market to continue the trend of high prices. Now, they are in worry mode as to how they will make the payment. I'm just hoping the bottom is close and prices can stay flat or even gain a few cents soon.
If you can remember the "save the rainforest" from the 80's and 90's. Those cut down forest are some of the biggest producing beef areas in the world. We have banned their live cattle because they have diseases that we don't have here YET. We have allowed frozen and canned. Now in a deal this year they are allowing boatloads of live cattle to be shipped from " quarantine" zones. It only makes sense that the rancher from the other side of the quarantine Zone will bring his cattle over to the quarantine side to sell infected cattle. The whole thing stinks. We got sold out again. On the bright side it appears China is lifting its 13 year ban on US beef to allow import of beef 30 months or younger. I think the details are still getting worked out. Guess the communist are salivating for some US grown prime beef.
 
BK9954":72zbta6h said:
kilroy60":72zbta6h said:
Haven't heard this news. This could put the nail in the coffin of a lot of smaller farms for sure. I know of a couple of families that have borrowed big money to get into the cattle business. They borrowed last year based on the cattle market to continue the trend of high prices. Now, they are in worry mode as to how they will make the payment. I'm just hoping the bottom is close and prices can stay flat or even gain a few cents soon.
If you can remember the "save the rainforest" from the 80's and 90's. Those cut down forest are some of the biggest producing beef areas in the world. We have banned their live cattle because they have diseases that we don't have here YET. We have allowed frozen and canned. Now in a deal this year they are allowing boatloads of live cattle to be shipped from " quarantine" zones. It only makes sense that the rancher from the other side of the quarantine Zone will bring his cattle over to the quarantine side to sell infected cattle. The whole thing stinks. We got sold out again. On the bright side it appears China is lifting its 13 year ban on US beef to allow import of beef 30 months or younger. I think the details are still getting worked out. Guess the communist are salivating for some US grown prime beef.

Hit the nail on the head.
So much for sustainable, locally grown and whatever other bs
As long as it can be bought cheap and retailed for huge profits then who cares about the American farmer or rancher.
 

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