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<blockquote data-quote="bball" data-source="post: 1283154" data-attributes="member: 23752"><p>Its a global market. Someone recently posted a great article about SA beef production and its implications, then an article about China, etc etc. I try to read as much as i can on the worldwide picture and how it impacts beef. I think sometimes as an American, i get short sighted and only focus on whats going on here, instead of the BIG picture. I fear our beef industry is in great danger of going the way of so many of our other great industries....handed over to some third world countries because they can do it cheaper with less regulations, and quality usually suffers. I hope im wrong, but my gut and my eyes tell me different. I do believe in a ten year beef cycle, and try to watch and abide accordingly. I follow the CME, use it as a gauge. I also place a lot of stock in what the older generations have to say, simply because they have seen more cycles, seen more unusual circumstances, have ideas to offer during the unusual circumstances, have the time to read, research, and attend clinics that i cant, and generally shoot it to you straight (presuming you got skin thick enough to take it) and finally, they usually have some humor, which is vital to all of this. </p><p></p><p></p><p></p><p></p><p>The long and short of it for me is, listen a lot more than i speak. Do what homework you can. Take a deal when you can get one.</p></blockquote><p></p>
[QUOTE="bball, post: 1283154, member: 23752"] Its a global market. Someone recently posted a great article about SA beef production and its implications, then an article about China, etc etc. I try to read as much as i can on the worldwide picture and how it impacts beef. I think sometimes as an American, i get short sighted and only focus on whats going on here, instead of the BIG picture. I fear our beef industry is in great danger of going the way of so many of our other great industries....handed over to some third world countries because they can do it cheaper with less regulations, and quality usually suffers. I hope im wrong, but my gut and my eyes tell me different. I do believe in a ten year beef cycle, and try to watch and abide accordingly. I follow the CME, use it as a gauge. I also place a lot of stock in what the older generations have to say, simply because they have seen more cycles, seen more unusual circumstances, have ideas to offer during the unusual circumstances, have the time to read, research, and attend clinics that i cant, and generally shoot it to you straight (presuming you got skin thick enough to take it) and finally, they usually have some humor, which is vital to all of this. The long and short of it for me is, listen a lot more than i speak. Do what homework you can. Take a deal when you can get one. [/QUOTE]
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