August 26, 2024

#181 Corbitt Wall "Big Secrets Revealed: Inside the Cattle Market's Hidden Deals"

1 hour 32 minutes

In this enlightening episode of Ranching Reboot, host Brian,

also known as Red Hills Rancher, is joined by Corbett to dissect the

multifaceted cattle market. They explore the contrasts between market

fundamentals and technical indicators, and the role of cattle futures. The

impact of AI and machine learning on market dynamics is also discussed. The

conversation delves into the unique challenges faced by small producers versus

large corporate feeders, and the debate over mandatory electronic ID for cattle.

Insights on transparent pricing, legislative measures such as the Cattle Price

Discovery and Transparency Act, and the necessity of negotiated trade and

authentic labeling are shared. Additionally, parallels are drawn with car

quality to highlight the value of pasture-raised pork. Practical advice for

first-generation farmers, the significance of multi-species farming, and

fostering industry relationships and trust are also covered. Prepare for

political influences on future cattle prices and learn strategies to navigate

the industry’s evolving landscape.

00:00 Introduction and Greetings

00:14 Understanding Market Fundamentals

01:11 Technical Market Indicators

03:54 Feeder Flash and Market Insights

05:37 AI and Machine Learning in Markets

09:09 Corporate Feeders and Risk Management

12:23 Cash Trade and Show Lists

34:13 USDA Cattle Data and Market Reporting

44:47 Mandatory Electronic ID Debate

47:05 Consumer Engagement and Record Keeping

47:26 Concerns Over Mandatory Regulations

48:51 Disease Traceability Debate

51:10 Environmental and Technological Issues

53:37 Wildfire Experiences and Recovery

01:01:40 Political Views and Upcoming Elections

01:11:27 Cattle Market Challenges and Solutions

01:30:27 Final Thoughts and Farewell

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By Red Hills Rancher

4.8

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