Seeking Truth or being Duped
Hello to all our customers and friends,
Most of our trade area needs moisture. Grain prices were unaffected by the January 10th crop report. Corn was reported as lower inventory than expected and it went down a little anyway, I guess just to prove it could. Soybean production was slightly higher than expected, but the price went up $.40/bu. Makes no sense but the low corn price has helped the cattle market. Calves and feeder cattle are at all-time highs with cow calf pairs and bred heifers commanding tremendous prices. With the recent years of drought and reduction of cow herd numbers, the immediate replenishment of the countries cow herd is unlikely. The past/present owners that reduced their cow numbers are getting old and would like to slow down and sleep at night rather than increase numbers and workload. The younger generation lacks the equity to buy high dollar cows and heifers to get started. An Oklahoma State economist suggested one solution may be for young, energetic guys to lease cow herds for a share of the calves. With the present profitability of cow herds this may be a good plan.
The reporting on the happenings in our country is still, in my opinion, quasi censored. The major networks are more interested in highway traffic jams that affect few while the IRS targeting conservative thinking citizens is swept from view. The Benghazi fiasco was twisted and denied long enough for it to eventually fade from current events. ObamaCare scares me to death with inaccuracies of the numbers they are reporting, the inept signup site and how premiums are calculated. It seems income has as much to do with the quoted premium as actual health status. When one queries Obama on the internet they will find little negative information about him. I am convinced he, or I should say his gang, has white washed the internet. How else can most news sources be so naïve? When one goes to lesser news sources they are so vehement that you don’t want to believe their rant (in the other direction). This is a big country and to have very little dissention in the news when there seems to be so much afoot is disturbing. As we proceed into 2014 and the bible clinging, gun toting, conservatives are further derided and insulted, it will be interesting to see how far they will be pushed before they push back or quit anteing up. I used to tell my children the world needs both liberals and conservatives, but in moderation. If the country was 100% conservative we could all be wearing belt buckle hats bands, burning witches at the stake, and slavery and racism would be the norm. However when liberal changes happen too rapidly and to the extremes, their ideas never seem to pay their own way and in the end the conservatives are called upon to clean up the mess. I am concerned the way things are going, somewhere down the road, the conservative, red state, flyover, working class citizens are going to be called upon to dig out their checkbooks. Until next month, Myron