I just wanted to prove that Sandbag and Conman would divert the issue. They claim market manipulation but have no proof. They just repeat what they want to believe. Did either provide proof? NOPE! Both diverted, as expected! Typical blamers!
OCM: "This is a false statement."
Wrong again OCM!
OCM: "I have posted this before. Tyson, Swift, and Excel do not try to buy the same kind of cattle. This difference between what Tyson and Excel buy was part of the testimony (by a Tyson witness) in Pickett."
That is absolutely untrue. Tyson, Swift, and Excel all pay premiums for higher grading and higher yielding cattle so don't try to feed me this bullsh*t that they don't want the same kind of cattle because it's absolutely untrue. There is not a packer in the industry that does not want a choice yield grade 2 angus or angus cross carcass. To suggest otherwise is a lie. Look no further than the grid premiums.
Don't be quoting from testimony in Pickett, you guys lost and you lost on appeal.
OCM: "Agman confirmed this (by trying to berate me for my stupidity) when he said they have customers with different wants, thus leading them to buy different cattle to meet their customers' desires."
Don't try to deceptively take Agman's statement out of context. Tyson may have a better market for Select cattle at certain times than Excel but that does not mean that all these packers do not have a place for select grade cattle.
OCM: "I have experienced this on a number of occasions when Swift would no bid on a pen of cattle for quite some time while Tyson was offering a bid. Then Swift would bid and Tyson would drop out. Why? Because of the degree of finish(grade v. yield) on the cattle. It is even more extreme between Excel and Tyson."
Did you honestly believe that Tyson and Swift ALWAYS needed the exact same amount of the same type of cattle at exactly the same time?
They bid according to their needs. I have sold fat cattle many times and could get a cash bid from Tyson, Swift, and Excel about any time I wanted. Have you ever heard of the concept of picking up the phone?
Most of the feedlots in Kansas, Nebraska, Iowa, Oklahoma, and Texas adverstise numerous packers bidding at their feedlots. WHY IF IT WASN'T TRUE???
OCM: "Also, Tyson will look for good yielding cattle with grade as a secondary interest while Excel looks for grade with yield as a secondary interest. These preferences seldom lead them to bid competitively on any given pen of cattle. They usually don't bid on the same cattle at the same time."
That is absolutely untrue. The vast majority of the cattle in feedlots are angus cross cattle. Every packer has a need for higher grading cattle. Every packer pays grid premiums for higher grading and higher yielding cattle. What planet are you from?
Randy Stevenson I presume?
~SH~