If you have an LLC or a partnership, you need to file a BOIR by Dec. 31, or you can be fined $595 per day. That stands for Beneficial Ownership Information Report. You can do this online if you are smarter than I am, but I am trying to do it to save a little money.
This grazing market is on fire with all the big wheat around. I heard of a big string of 372-pound steers that brought over $1,800 per head. However, on Monday, Oklahoma National Stockyards called its feeder market $2 to $7 per hundredweight lower, and its calves were $10 to $15 lower. This was compared to the week before, where it had an Angus special, so this could have been part of the deal being that much lower.
I had a man call me this morning and ask me what I thought on the market and what I thought might happen. First of all, let me establish that fact that I don’t have a clue. Yes, that is all I have ever done in my life to try to make a living, but if you don’t believe me, ask my banker.
Most seem to think we have at least two more years of a very good market, but keep in mind a lot of things can happen that have nothing to do with cattle. I hear there are more cattlemen buying heifers to breed this spring. If this is the case, that will make fewer feeders this spring and fewer fats next fall but more calves in the fall of 2026.
Feeders seem high enough that it takes an optimistic person to breed a high-dollar heifer; however, there have been some high-dollar bred cows and pairs in spots.
I plan on being slightly optimistic and slightly aggressive, but I like the motto of—“Don’t get too aggressive when they are high, and don’t get too depressed when they are cheap.” A lot of cattlemen get caught up in the emotion and listen too much to coffee shop talk.
This week I went into the post office and saw a gal two years younger than me whom I had not seen for about 15 years. She was bent over and limped. She said hello and also said, “I haven’t seen you in years.” I said, “How are you doing?” She said, “Well, let’s just say this age thing has sure snuck up on us, hasn’t it?” I said, “Yeah,” but I wanted to say, “I didn’t think I hobbled in there.” You are right. For once I kept my mouth shut. It’s hard to believe, and I also live in a make-believe world.
Editor’s note: The views expressed here are the author’s own and do not represent the view of High Plains Journal. Jerry Nine, Woodward, Oklahoma, is a lifetime cattleman who grew up on his family’s ranch near Slapout, Oklahoma.
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