For anybody involved in commodity markets, the last eighteen months have been a real whirlwind. The amount of money to be made or unfortunately lost is unprecedented. It really is a stark contrast to the meager returns offered by financial instruments (i.e. CD’s, treasury bills, money markets, etc.) Right now, it’s a very exciting time to be involved in the business of cattle feeding. Agricultural commodities, specifically, have been affected by world circumstances never seen by anybody to date. We have a new middle class emerging in countries like China, India and South Korea that have upgraded their diet to include a much larger percentage of protein. This upgrade in diet can only come about with the importation of much larger quantities of meat from the U.S.
This has been a golden opportunity for people involved in beef production, specifically a company like ours, High Choice Feeders.
I’ve been engaged in the business of cattle feeding since 1985 and I’ve never been more optimistic about the future. Today is truly a global economy with huge opportunities for profit. I’ve heard a lot of lamenting lately over the high price of inputs and risk associated with doing business in this kind of environment. History has shown that over the years it is this kind of higher risk environment that produces the large profits we have seen in the last 18 months and hopefully well into the future!