#181 Corbitt Wall "Big Secrets Revealed: Inside the Cattle Market's Hidden Deals"
Ranching Reboot - A podcast by Red Hills Rancher - Mondays
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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 Discord! Grassroots Carbon! Landtrust Info! Audubon Conservation Ranching! Buy Wild Ass Soap and CBD! Use the Coupon code "Reboot" for an extra discount!! Buy BoBoLinks Here! Use code "BOBOREBOOT" for $10 off Support the Podcast on Spotify! --- Support this podcast: https://podcasters.spotify.com/pod/show/ranching-reboot/support