Thursday, December 02, 2004
VIII. Long-Run Planning Prices
Clearly, the current beef price cycle has now been extended. A lot has happen in the last 2 years, including a five- year drought in the Western U.S., two BSE announcements, and the U.S. and Canadian borders closed to beef exports.
The new beef price cycle chart presented here updates my price cycle projections as of late 2004. Basically, the extended drought has extended the current beef price cycle from 1996 to 2012/2013. We are only now (with 2004 heifer calves) starting to rebuild the nations beef cow herd. This build up was delayed by the pro-longed national drought.
I encourage ranchers to take this chart and apply my Classic Cattle Cycle CD's suggested strategies to this current cattle cycle projection. This new beef price cycle suggests several good years for beef cow producers.
I hope each of you adopt those management strategies that take advantage of these good time; but.. many of you are going to miss this great opportunity. This is not the time for "management as usual." Many ranchers are going to leave a lot of money on the table in these good times. I am going to do all I can to help ranchers take every dollar possible from the table during these good times.
If you do not have my "Classic Cattle Cycle CD Video that plays in your computer, you can order one from me ($20 plus 4.95 shipping and handlinig) by emailing me at email@example.com and asking for a copy of the "Classic Cattle Cycle CD Video." I know of no other seminar that I have given that will make you any more money than my "Classic Cattle Cycle Seminar" presented on my computer CD Video.