Market and Life Chaos
Bill
Heritage and Blood
The cattle
market is uncharting.
The
indicators are demonstrating apoplectic movements as if there is no roadmap to
any points of the compass. Trying to make sense of it is an experience
somewhere between shock and anger. Look at the indicators. A reasonable
assessment would lead a first-time visitor to any American supermarket to
believe there is a national shortage of beef. In fact, it is so acute it seems
to be matched only by the disappearance of toilet paper. Where on earth have
these standards of living gone?
At one point last Thursday, there were exactly five one pound packages of hamburger at Walmart in Deming. When did that last happen?
At one point last Thursday, there were exactly five one pound packages of hamburger at Walmart in Deming. When did that last happen?
Conversing with the sales
associates, updates are offered as to when shipments are expected. They aren’t
sure. Skepticism seeps into their opinion as to the authenticity of what is
actually happening. Trucks aren’t arriving with expected products.
Empty displays don’t do much for
allaying fears of shortages. It only stimulates buying when and where anything
can be found. The obvious is at hand. It is hard to deny the fact normal supply
chains in the beef business are essentially empty.
Evaluating livestock auction
results over the past six weeks, though, certainly doesn’t suggest there is a
shortage of live cattle. Prices are mixed and generally suggest the market is
going to be better than 2019, but the uncertainty can and has erased supply pull
factors. Prices don’t reflect underlying demand. Prices don’t reflect short
numbers of calves, either. For example, try to find straight loads of 450
weight steer calves to finish orders for grass and wheat needs in northeastern
New Mexico and the Panhandle of Texas.
They don’t exist.
Then look at what prices are being
offered for those calves of such limited quantity. The market is upside down.
The board is gyrating as it tries to mimic the actions of Wall Street, and,
what the traders are looking for, they are going to find. Panic is a
self-fulfilling prophesy. Run for the doors screaming and hollering!
It will only get worse.
The grass is going to get greener
as it warms, and those wheat fields needing calves for grazeout are only going
to look less crowded. Maybe the market isn’t as true as it should be, but it is
what it is, and Walmart is empty.
Bill
What is a 50-year span of time
other than a bunch of days strung together?
We ended that drought when I found
a number and called him on Friday. Too long it has been. I can remember the
first time we met. Our mothers were standing talking after having told us we
were related. At that time, he had never seen me, and I had never seen him.
Both of us were using our mothers as shields as we angled around eyeing and sizing
up one another. He wasn’t dressed like a city boy, and that was an immediate
bridge. He had boots on.
We kicked the dirt one after the
other.
His mother said he liked to play
baseball. I was alright with that.
He had a horse. Well, alright!
You need to come ride with him. You
bet!
And, we became friends as well as
cousins. We played baseball on the same little league team and were undefeated
over a two-year span. We played football together and experienced only those
things that teammates under Friday night lights can understand. We ran track
together and when he was a high school senior and I was a junior we ran on a
regionally undefeated mile medley relay team until the state finals. The night
of the finals a thunderous storm dumped a sea of water into what used to be
University Stadium on the campus at UNM. He helped me set the blocks for the
first 220 leg. We were standing in ankle deep water in the inside lane. The
outside lanes were dry. We tried to protest, but they made us run anyway.
We didn’t win.
Then life took us in different
directions. What we had but didn’t always know was a common heritage. In time,
I finally understood how the family connection was configured. It came about
variously, but the story of how his grandfather was named was part of it. Bill
has Texas in his roots, too. His maternal great grandmother arrived in New
Mexico in 1882. She was the sister of my maternal great great grandfather who
arrived two years later.
When a baby was born to that
grandmother, her young nephew (one of the sons of her brother) was asked what
they should name the baby. Name him after me, the boy said.
So, it was that my own great
grandmother’s brother, Tom Shelley, named new baby boy, Tom Cox. They would be
raised close together, and their lives were forever intertwined with colorful
heritage and blood.
Heritage and Blood
Life and livestock markets don’t
always conform to hoyle.
Starts and stops, defeats and
victories, and uncertainty are present. Life stories they become. What we can
hope for is reasonable health, relationships with God and family, and good
endings. If we have success, we should be grateful, but when you reach a
certain point, success is only a conditional subject, anyway. What you overcame
and who is there with you at the end is most important.
What shaped you before you were
even you becomes more interesting as well.
Bill Conner and I lived in
transitional times. The influence of our family, especially our grandfathers,
was a large driver. They taught us to wear boots and made sure we had hats. Good,
bad, or indifferent, their lives and what shaped them were imprinted upon us, and,
unknowingly, we carried on a worldly impersonation of them.
Now, we have some catching up to do,
and … I look forward to it.
Stephen
L. Wilmeth is a rancher from southern New Mexico. “Hey, Cuz!”
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