Lemmy’s Thoughts for March:

1. We have had our National Cattleman’s Beef Association Convention and several state associations have occurred or are in process at present. Do you belong to your state and the National organizations? If you don’t, make plans right now to send in your dues. We need all the money and clout we can muster in today’s political and animal rights arenas. If you like the cattle business, you need to support and participate in our efforts. We need YOU and your MONEY!

2. The futures market has been quite active as of late. It has given some stocker operators the opportunity to lock in some profits if they already have their inventory in hand.

3. The corn market continues to be very volatile. Up 10-15 cents per bushel and then down the same amount. Who knows what to think?

4. The frigid weather across the country has backed up finished cattle sales as well as yearlings and calves. It will be interesting to see what kind of numbers we will see when the weather breaks.

5. I have a feeling that there is going to be a rather heavy demand for grass cattle as soon as we see some better weather.

6. Manage well, watch your overhead, fertilize your grass and look for better times!!

Sincerely,

Lemmy