00:00My grandparents moved here in 1901, and there's always been cattle on the farm.
00:08I was a junior in high school, and so I took over management of the cattle, and I've been doing that since 65.
00:16But right now, this is the highest prices it's been in history.
00:21Right now, if you're in the cow-calf business, and you're not happy about the cattle market,
00:25you needed some Jesus in your life because that's probably the only thing that will make you happy
00:30because it is an outstanding market.
00:34It is simply supply and demand. We have historically low cattle numbers in both Mississippi and across the United States.
00:42It's basically Mother Nature. You go back into 2022, we had droughts in the Midwest.
00:48That spilled over into 2023. We're basically from New Mexico all the way across to the East Coast.
00:54Where you saw historic droughts, and so people sold off cattle because they couldn't feed them.
01:00So it's fewer cattle to make beef, and so there's still great demand for our product, lower supply,
01:08and that makes for higher cattle prices.
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