Things Are Looking Up (part 2)

Things Are Looking Up (part 2)

Some of the thoughts I shared last week raised a few questions, so I decided to expand this discussion.   Since we have not seen a true bottom to a cattle cycle since 1996, many have forgotten how the cattle cycle works.   For the most part, the cattle cycle is based...
Things Are Looking Up (part 2)

Sabbath Day Devotion

Iron Sharpens Iron –   As iron sharpens iron, so one man sharpens another. Proverbs 27:17     This very short proverb, written by Solomon, has many applications.   I believe it has physical, mental and spiritual relevance.   We need the presence of others to reach our...
Things Are Looking Up (part 2)

Pharo Phamily Reunion

Last week, I shared a picture of the 24 people who participated in the 2017 Pharo Phamily Reunion.   I then asked if you could pick out and identify the four siblings (Kit, Brett, Kathy and Jen).   We did receive some response to this question....
Things Are Looking Up (part 2)

Increasing Cost of Production

According to the Livestock Marketing Information Center (LMIC), the cost of producing a calf has increased from $384 in 2000 to $883 in 2014.   WOW… it way more than doubled in just 14 years.   Keep in mind, though, that this is an average cost of production.   Some...
Things Are Looking Up (part 2)

Things Are Looking Up

Cattle prices have been making some remarkable recoveries.   Below is a 60-day Market Trendline created by The Cattle Range for June 2, 2017.   This provides a quick overview of our markets and where they might be headed.   The angle indicates direction and velocity...