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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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