THEE Hot Barn Report!
Heard ONLY on American radio stations across the nation and online at hotbarnreport.com!
I have missed updating you on a very important USDA report that came out last month, that being the most recent cattle inventory report. In case the long lines of trailers at the local auction markets haven’t tipped you off, our nation’s cowherd is shrinking at a quick pace. The drought monitor shifted from the north to the Midwest and south in 2022, leaving no mercy for our domestic herd to rebuild. Our current beef cow numbers had dipped to the lowest in 8 years. I’m not so sure that they are actually lower than reported and we will see a revision to this number later on. Infact, in 6 months when the next report comes out I foresee us telling of inventory numbers that rival lows that we have not seen in decades.
Years of negative returns in the cow-calf and feedlots sectors have not only left the ground parched, but have left cattle producer bank accounts dry. With incredibly high input costs and tight feed supplies, despite strong demand for feeder cattle, many are still trying to fill in the pot holes of past cash flow sheets. Even these strong feeder and yearling cattle prices cannot catch inflation in the cash flow drag race happening.
How will we recover? Does this nation even want us to recover? I still sit back and watch cattle and beef import numbers and I can’t help but think to myself, “does anyone even care about the American rancher is here?” When you look at those numbers it feels like we are pretty disposable to our nation. Just for reference, according to USDA data, in June, we imported 127,000 hd of live cattle from Canada and Mexico and only exported 22,000 head. Whatever we continue to not produce, they are happy to import. And while beef exports trend stronger, don’t get excited folks, without Mandatory Country of Origin Labeling, that beef that goes out on that boat doesn’t have to be yours or mine, it could be Canada, Mexico’s, or Brazil’s. It just took a little detour through the good ole USA to grab a “Product of USA” sticker and switch boats.
It doesn’t exactly seem like our nation holds our domestic beef supply as #1, more like #23 behind the other 22 countries that we import beef and cattle from. This is not a new trend unique to this administration. This trend has been happening for years. But, when will it be too late? The cows are headed to town. More and more land is being sold off to urbanization or foreign investors. Our farmers and ranchers are aging out, while younger generations have been forced to supplement with off farm income or go find full time employment in town. So, we may have already lost our most precious resource, our human resource, to this crisis. So, when will our nation see the error of our ways? Once revered as the global super power, it looks like we will soon be standing in line at the global soup kitchen looking for other nations to feed us, if we don’t put American agriculture first!
Monte will be back tomorrow with all the action from the hottest barns in the nation that power this program: Torrington Livestock Market, Presho Livestock, Lemmon Livestock, Bassett Livestock Auction, North Platte Stockyards, Creighton Livestock Market, Stockman’s Livestock, Mobridge Livestock, Platte Livestock, and NEW Hot Barn Ogallala Livestock Auction Market!
Welcome to another edition of the epic saga known as the Hot Barn Report
We continue to expand to new towns like Waverly Iowa, Sturgis South Dakota, Hettinger North Dakota and Broken Bow Nebraska. If you think your local salebarn has the right stuff to be a HBR “price discovery” reporting barn email Monte James at mjames@youragnetwork.com.
The ALL STAR lineup
🔥Stockmen’s Livestock – Fat Cattle TUESDAY & Feeders on WEDNESDAY
🔥Platte Livestock Market – Hogs, Sheep & Goats on MONDAY & Feeders on WEDNESDAY
🔥Creighton Livestock Market – Feeder Calf Sale TUESDAY
🔥Bassett Livestock Auction – WEDNESDAY Sales
🔥North Platte Stockyards – Sales on TUESDAY
🔥Ogallala Livestock Auction Market – Sales on WEDNESDAY
🔥Lemmon Livestock, INC. – Sales on WEDNESDAY
🔥Mobridge Livestock – Sales on TUESDAY & THURSDAY
🔥Presho Livestock Auction – Sales on THURSDAY & MONTHLY horse sale
🔥Torrington Livestock – Sales on FRIDAY
🔥Buy ’em up online at CattleUSA.com
The HOTTEST sale barns in America
See more at HOT BARN REPORT
As always buy ’em up online at CattleUSA.com
