Rollercoaster effect found in cattle futures 

(Journal photo by Kylene Scott.)

If you have feeder cattle for sale and you happen to be hedged you may need a neck brace before you get through. Monday down hard then Tuesday back up good. 

It makes a lot of difference what day you figure your financial statement whether you are doing good or not. Luckily a lot of sellers of feeder cattle brought extremely good prices this past fall. I’m not sure how lucky it was for the buyers. 

Anytime you have a market that moves that much higher there is always willing buyers to step out front and give even higher figures. They either get caught up in the excitement or else they are swayed by what others are saying. The same goes when it is going down only in the opposite direction. There is always people thinking there will never be another good day. 

"Just A Scoopful" - Jerry Nine
“Just A Scoopful” – Jerry Nine

There are some wheat fields that look great not too far away from Woodward. One farmer said his wheat was so tall that the cattle could bed down in it to mostly stay out of the wind. Unfortunately, that is not the case on mine. A lot of people said we would have a bad winter as the snow should get as deep as the sunflowers. But thankfully that is not the case so far. 

A lot of my friends are trying to lose weight. Then a good friend said I can tell any of them how to lose weight. Just simply get a divorce. It works every time. 

At the sale on Tuesday, I commented that my fingernails break so easily. Then our auctioneer said that his do too. I said I imagine that I am short of some vitamin. But then I told him I don’t really think you are short of vitamins as he is what you would call a fairly big guy. In fact his nickname for years has been Hoss. Now that I think about it no one ever nicknamed me Hoss. 

After the sale one of the buyers walked up to our table in the restaurant and said, “I am so glad I met all of you at this point in my life. There is no chance in heck my mother would have let me play with you guys.” 

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.