The high cattle prices have certainly caused a buzz. It’s difficult to tell someone what you saw a group of cattle sell for without cracking a grin or shaking your head in near disbelief.
In 2014, the market did something I had never seen it do before. This made me curious. I looked at other commodities and the history of their market prices and found they all did the same thing at some point in their history. With that knowledge, I am not surprised about what we are seeing pricewise in the cattle markets. What does surprise me is that I am seeing it again before my 70th birthday.