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The Friggin' Farm & Ranch Report | St. Paddy's Day Edition!
Description
This St. Paddy’s Day, the Friggin’ Farm & Ranch Report digs into tight cattle, packer leverage, high input costs, and early fire danger.
We cover:
Markets: fats higher, feeders screaming, hogs steady, soybeans limit-down on China worries, and wheat/corn hanging in there.
Packers vs producers: cattle on feed down, shorter showlists, a little leverage shifting back to the country—but packers still running chain speed.
Input costs: diesel up roughly 40–50¢ in 10 days and back over $5 in Nevada, unleaded over $4, fertilizer still expensive, and margins getting squeezed despite strong cattle.
Interest: prime around 6¾ with Fed funds mid‑3s, making operating notes, feeder loans, and land payments all bite harder.
Fire: early 2‑acre fires and escaped burn piles, dry fuels, unpredictable ENSO‑neutral weather, and practical fire‑prep steps so one windy July day doesn’t wipe you out.
Fuel’s expensive, interest is expensive, cattle are tight, and fire’s coming—so do your math, get your plan ready, and keep your head on a swivel.
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