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

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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