Faster horses
Well-known member
Pharo Philosophies 102 is scheduled to air this coming Monday, February 11th at 7:00 pm Mountain Time. Pharo Philosophies 103 is scheduled to air on Monday, February 18th at 7:00 pm Mountain Time. These two seminars will focus on "Making the Most Efficient Use of your Available Forage Resources". Based on past experience, I expect them to generate even more discussion and questions than last night's seminar.
You will need to "register" with DVAuction to watch these presentations. To do so, go to www.DVAuction.com. If you have any problems, call DVAuction at 402-474-5557 or call Dan Broz at 402-649-3172. If you watched Pharo Philosophies 101, all you will need to do is "login".
Some have asked if there is a charge to participate in these seminars. No, they are FREE.
The following excerpts came out of a recent Cattle-Fax Update:
Cattle being placed on feed today are forecast to have a total cost of gain (TCOG) near $100/cwt. This is creating concern in the market.
· If the TCOG exceeds fed cattle prices the market has significant risk. This means cattle feeders actually lose money by adding more weight, which would force them to sell cattle earlier than previously scheduled at an aggressive rate.
· Bottom Line: During the first half of 2008, corn prices must decline significantly or fed cattle prices must rally significantly to prevent TCOGs from moving above fed cattle prices. Otherwise, there is significant risk for a substantial decline in fed cattle values if this occurs.
· Continued volatility in both the cattle and corn futures markets is expected to continue and will influence market psychology.
· Bottom Line: Close attention must be given to the current fed cattle market. If a lower cash trend develops, calf prices will be hard pressed to move significantly higher into the spring months.
I presume most of you have already read Al's Obs in the latest Stockman GrassFarmer. If you haven't, you should. Allan Nation makes some pretty bold and unsettling predictions.
Kit's Opinion: The beef industry is in a VERY precarious position at this point in time. A few people are in a position to benefit from this situation – but I'm afraid most cow-calf producers will suffer. Low-input producers will definitely have a BIG competitive advantage over mainstream, high-input producers.
Cow-calf producers need to pay attention to what is going on – but much more importantly, they need to make the necessary changes in their operation and in their cowherd to remain profitable when times get tough. I believe time is of the essence! What has worked well for the past 10 years will NOT work for the next 10 years. As I have said many times, those who are quickest to adapt and change will be in the driver's seat. Those who are slow to change may not make it.
Quote of the Week –
"The more petroleum and iron you put between the sun's solar energy and your cow's belly, the less profitable you're likely to be." ~ Jim Gerrish
NOTE: Jim Gerrish will be the featured speaker at our Spring Bull Sale. We may plan a PCC Pasture Walk with Jim prior to the sale.
You will need to "register" with DVAuction to watch these presentations. To do so, go to www.DVAuction.com. If you have any problems, call DVAuction at 402-474-5557 or call Dan Broz at 402-649-3172. If you watched Pharo Philosophies 101, all you will need to do is "login".
Some have asked if there is a charge to participate in these seminars. No, they are FREE.
The following excerpts came out of a recent Cattle-Fax Update:
Cattle being placed on feed today are forecast to have a total cost of gain (TCOG) near $100/cwt. This is creating concern in the market.
· If the TCOG exceeds fed cattle prices the market has significant risk. This means cattle feeders actually lose money by adding more weight, which would force them to sell cattle earlier than previously scheduled at an aggressive rate.
· Bottom Line: During the first half of 2008, corn prices must decline significantly or fed cattle prices must rally significantly to prevent TCOGs from moving above fed cattle prices. Otherwise, there is significant risk for a substantial decline in fed cattle values if this occurs.
· Continued volatility in both the cattle and corn futures markets is expected to continue and will influence market psychology.
· Bottom Line: Close attention must be given to the current fed cattle market. If a lower cash trend develops, calf prices will be hard pressed to move significantly higher into the spring months.
I presume most of you have already read Al's Obs in the latest Stockman GrassFarmer. If you haven't, you should. Allan Nation makes some pretty bold and unsettling predictions.
Kit's Opinion: The beef industry is in a VERY precarious position at this point in time. A few people are in a position to benefit from this situation – but I'm afraid most cow-calf producers will suffer. Low-input producers will definitely have a BIG competitive advantage over mainstream, high-input producers.
Cow-calf producers need to pay attention to what is going on – but much more importantly, they need to make the necessary changes in their operation and in their cowherd to remain profitable when times get tough. I believe time is of the essence! What has worked well for the past 10 years will NOT work for the next 10 years. As I have said many times, those who are quickest to adapt and change will be in the driver's seat. Those who are slow to change may not make it.
Quote of the Week –
"The more petroleum and iron you put between the sun's solar energy and your cow's belly, the less profitable you're likely to be." ~ Jim Gerrish
NOTE: Jim Gerrish will be the featured speaker at our Spring Bull Sale. We may plan a PCC Pasture Walk with Jim prior to the sale.