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