Page 17 - MWC 9-10-20s
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LIFE to suspect that she has lost The Midwest Cattleman · September 10, 2020 · P17
continued from page 5 most, if not all, of her sense of WINTER WHEAT
hearing. When I call for her, continued from page 6 that profits are made on the
dog, crossed with an Austra- she doesn’t come, if I am out buy and only collected at sale;
lian Shepherd) came to live of her line of sight, and that’s a range of purchase prices, that is to say “bought right is
with us about seven years not like her. Fortunately, I do feed costs, and average daily half sold”.
ago. She replaced the best cow believe she understands sign gain result in a range of esti- General economic uncer-
dog I ever had, but because of language. mated March breakeven pric- tainty and volatility will con-
her mixed heritage, my expec- This morning, when she es from $129 - $139/cwt. with tinue to be particularly im-
tations for her were very low. came to the front porch, where the most likely values from portant in cattle markets and
I was just hoping to get a dog Judy and I were sitting after $132-$136/cwt. for animals risk management should be
that I might be able to train breakfast, Judy simply point- weighing about 750 pounds carefully considered. Futures
to be a reliable protector of ed to the edge of the porch at sale. Current March feeder markets may offer an oppor-
the farmstead, and be some- where she had a leftover bowl futures, adjusted for Oklaho- tunity to lock in a margin on
one to ride along with me, as I of gravy. Bernie ran over and ma basis, suggest a 750-pound winter grazing. However, risk
checked cows and calves each devoured it. Tonight, when a steer price of about $140/cwt. management requires deliber-
day. few calves got too close to the in early March. Market condi- ate action to implement a plan.
Over the years, she has far cattle-guard entrance to our tions right now suggest some Market opportunities are often
exceeded my expectations, yard, I pointed toward them potential for winter grazing re- fleeting, and producers may
becoming a constant compan- and Bernie immediately ran turns above production costs. have to act quickly to take ad-
ion and a pretty decent cat- down and chased them away, Markets will no doubt vantage of changing market
tle dog, while alerting us to back into the pasture. When evolve this fall and producers conditions. It is important
any uninvited guests, wheth- the faithful dog returned must continue to evaluate win- to have a marketing and risk
er they be human or animal. from her task, I simply dou- ter grazing potential under dy- management plan in place to
Unfortunately, she has been bled up my fist and my com- namic market conditions. Win- help guide stocker purchases
afflicted, throughout her en- panion gently touched it with ter grazing potential may vary and production. Winter wheat
tire life, with chronic ear in- her paw, as if to give me a “fist widely for a range of stocker grazing seasons in the South-
fections. I’ve taken her to the bump” for a job well done. production alternatives. Prior ern Plains typically include a
veterinarian more times than I’m just saying…my dog… to purchase, producers should range of conditions. Fall 2020
I’ve ever taken any animal is pretty smart. consider flexibility for stocker is starting with some potential
in my life, and continue to operations including the size and perhaps a bit of excite-
consistently administer oral of animals purchased, animal ment.
antibiotics and eardrops as gender and quality and length
if she were my child. For the of grazing period. The old Oklahoma State
past few weeks, I’ve begun adage of stocker production is University
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