Selling Cattle

<a href="http://news.monstersandcritics.com/business/article_1076813.php/Oklahoma_beef_producers_selling_early">Oklahoma beef producers selling early</a><br />n<br />n<blockquote>Oklahoma wildfires are driving beef producers to auction animals at a younger age to avoid the economic consequences of lost pasturage.<br />n<br />nDry wheat pastures plus burned stockpiles of grass are a costly burden to producers, leading many to sell their cattle months earlier than normal, the Daily Oklahoman reported Tuesday.</blockquote><br />n<br />nI've heard of the same thing happening in Texas too. I truly feel for these people. Up in this country we've had to do the same thing through the years of drought and it's a hard decision to make. There is one difference though, the market is as high as it's ever been right now so they are selling during the market high. When the same thing was happening up here in the Northern Plains the market was at a low. Isn't that the way things work though.<br />n<br />nAs mean as it sounds there is one thing for the beef markets to remember. Selling extra critters due to drought means the market will hold up in the long run since their won't be as many cattle around. It might not be great news for consumers, but decent news for producers.<br />n<br />n<b>Another is, if you take money out of your left pocket and put it in your right pocket, you're no richer. Merton H. Miller</b>