HOT BARN REPORT: Thursday Price Discovery
Price Discovery Edition of the Hot Barn Report!
Heard ONLY on American radio stations across the nation and online at hotbarnreport.com!
Price Discovery Edition of the Hot Barn Report!
Heard ONLY on American radio stations across the nation and online at hotbarnreport.com!
BIG Monday Price Discovery Edition of the Hot Barn Report!
Heard ONLY on American radio stations across the nation and online at hotbarnreport.com!
In recent news and to no surprise the Brazilian bad actors have been lax and not really forth coming with informing their global market about their cases of BSE, also known as mad cow disease.
The beef supply chain is moving product at a healthy clip. Front end of feedlot supplies have tightened especially in the north giving feeders the leverage they have long needed to take back some control. Packers have hefty holiday orders to fill and for the first time in awhile they are having to get out and about to compete for some cattle. While $1.40 fat cattle is no doubt a move in the right direction it doesn’t even begin to compete with the rising inflationary costs of inputs. So before we all break out the cowbell and have a party, let’s keep in mind the bottom line of the cash flow sheet and what it takes to get fat cattle to their end point.
BIG Thursday Price Discovery Edition of the Hot Barn Report!
Heard ONLY on American radio stations across the nation and online at hotbarnreport.com!
A special interview with Chelsea Good, from the Livestock Marketing Association at the recent National Association of Farm Broadcasters convention in Kansas City, MO.
Monte James caught up with Sarah Metzler Director of Organizational Communications for the Beef Board at the recent National Association of Farm Broadcasters convention in Kansas City, MO.
Now that the cards are dealt and the new Fisher/Grassley bill has been put on the table, it is easy to see, we have been duped. This should be called the “compromised bill” because that is exactly what this bill does, it compromises our future in the cattle industry and sets a dangerous precedence to regionalize our country when regarding other future laws.
For months the United States Department of Agriculture had been putting out strong messaging about TREATING American agriculture as a priority. But I think we have been TRICKED!
These are price discovery centers where sellers of cattle meet with buyers of cattle to take part in the greatest business transaction in the American economy! It is a cattle producers dream scenario, multiple buyers, a competitive bidding process, and reporting of the transaction in real time on that marquis sign above the sale ring in addition to post sale reporting. And for those that are really lucky you round out the day with that perfect piece of sale barn café pie!
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