Hotty Toddy Corbitt! Hope you got down to the square last night and had a couple of drinks!
@tim7409Сағат бұрын
Thank you for explaining. Never thought of some of the obvious things around us.
@loboalamoСағат бұрын
…would be tragic.
@callie-s3s3 сағат бұрын
10 nations will be tariffed as of this morning. I hope you are all happy
@madtrapper83012 сағат бұрын
Yea I’m happy we have to do something about this trade deficit that mush head put us in
@callie-s3s2 сағат бұрын
@@madtrapper8301 that’s not true we are a net exporter of oil. If cattle go to a nickel a lb you deserve everything you get. You voted for a sociopath and could of had a good man like pence
@callie-s3s2 сағат бұрын
@@madtrapper8301 Elon musk is running the show so good job
@callie-s3s2 сағат бұрын
@@madtrapper8301 I like the amnesia that trump marks have he was president once we all almost went broke cheapest cattle ever. And you cheer for another tariff war. Germans cheered Hitler as they stood in the ruble of their homes
@madtrapper8301Сағат бұрын
@@callie-s3s you must be a person of low intelligence if you think President Trump is letting someone else run his show then your either not in touch with reality or stupid
@1969Lori4 сағат бұрын
Ryan is my son-in-law!! We are so proud of him!!!
@rgvieira-od3ve3 сағат бұрын
Maybe some insulated waders for his birthday would be appreciated😅. Cowboy tough!
@jlgriess19864 сағат бұрын
10:30 glad to hear someone is Sponsoring the Kids Corral!
@jlgriess19864 сағат бұрын
What does a person do if the local barn patrons don't want to pay what bred heifers are worth? How many years does a person keep trying and trying to sell then at the local barn... Trying to support the local barn? Very frustrating. Does a person just sell privately online?
@loboalamoСағат бұрын
Probably not a bad idea. F book has a marketplace as a matter of fact. Streetsmarts are a must have online.
@reeceedwards25094 минут бұрын
Go to another sale barn. Or provide what the market demands. Black. Smokey. Baldie. Tick of ear
@williamdevos6044 сағат бұрын
How does every other industry do price discovery? Not every tractor or vehicle is sold by auction.
@lvn4x4 сағат бұрын
Through other types of competition and supply and demand in industries that aren’t monopolies or virtual monopolies. In the industries that are virtual monopolies like the cattle industry and grocery stores, for example, where Wal Mart and a couple of other companies have virtually all of the market share, price discovery goes something like this: The supplier and consumer are both squeezed by the big companies, not to mention any mom and pop stores that are still in existence, and price on both ends are determined by chipping away at their counterparts until the suppliers can barely survive at their current price level, the consumer can barely afford the product, and the employees are paid just enough so they don’t quit but little enough that they can still get government entitlements (so all of the taxpayers get to subsidize their payroll). The reason many of us like auction markets is that it’s a vital check against monopolistic, coercive, and collusive behavior. Auctions aren’t a cure-all by any stretch of the imagination, but they help.
@loboalamoСағат бұрын
@@lvn4xwell said
@DennisSnodgrass-u9r4 сағат бұрын
Cattle business would look a lot like the hogs without sale barns and competitive bidding. 😕
@BradHines-j3b5 сағат бұрын
What about the Canadian 25% tarrifs. It's 20% of our market
@callie-s3s5 сағат бұрын
They are getting what they voted for. Canada and Mexico are not filling usa steel and aluminum orders that’s 27% , framing lumber has to be old growth our number one import from Canada, fertilizer prescriptions. Did you have amnesia when you voted for this again. Do you people think these other countries gonna sit by and not do revenge tariffs. This is the Republican party fault they had so many options. But they didn’t vote for the black woman
@callie-s3s5 сағат бұрын
What about Canada saying we will cut electricity coming to the northern states those blue wall states.
@callie-s3s2 сағат бұрын
As of this morning the list is up to 10 nations 100% tariff on 8
@callie-s3s5 сағат бұрын
Cargill shutting poultry plants down
@loboalamoСағат бұрын
The food is being taken over. Shooting for food control. Too much power given and more of it taken means shackles for the people.
@jimfelton5 сағат бұрын
Been building my bulls rations for years
@andyandlesliehawley62395 сағат бұрын
Are the Mexican feeder cattle going to be hit with tariffs? 25 percent would put them out of reach.
@paulschallbergerjr.41082 сағат бұрын
Yes!
@jerrykeith19226 сағат бұрын
I think the inventory will be a lie anyway. The government trys to control inflation through fake food numbers, not counting energy in their numbers, and all the while not admitting that government borrowing/spending is what causes the whole problem. Then when Trump trys to stop goofy spending a dimwitted judge stops it. Bastards
@callie-s3s6 сағат бұрын
It was all spending including your usda drought checks including granny in the nursing home, free lunches for kids are you against feeding poor kids
@callie-s3s5 сағат бұрын
Inflation was started by trump tariffs then he ignored covid own it
@jerrykeith1922Сағат бұрын
@@callie-s3s granny paid social security let her stay in nursing home. Stop helping foreign countries like Ukraine and all others and there will be plenty of money to feed your poor kids. I am tired of fake wars and taking 60cents of every dollar I earn to fund them
@marklen23226 сағат бұрын
Does Trump think DEI is responsible for cattle prices slipping along with the plane crash in Washington?
@callie-s3s6 сағат бұрын
DEI is the n word he also said women are not as smart as men . He blamed everyone except the fact he fired the head of FAA and a 100 FAA employees. Tomorrow tariffs start and China has already said they are buying Brazil soybeans
@callie-s3s5 сағат бұрын
This is the beginning of cattle down chaos and drama
@DaveHyde-i3n6 сағат бұрын
I am constantly trying to explain this to cattlemen here, but this has been the best analogy to explain why we need cash and competition in the markets. Thank you
@gregkraus95399 сағат бұрын
How does the cme inforce cash settlement ?
@WarrenSchweb14 сағат бұрын
Price of land and cattle now how many young people can afford this business unless they get it handed to them 16:27
@WarrenSchweb14 сағат бұрын
Price of land and cattle now how many young people can afford this business unless they get it handed to them
@WarrenSchweb14 сағат бұрын
Looks good now don't get used to it this is cattle market something will screw it up hope I'm wrong but been here before
@metropoliscorp924316 сағат бұрын
Toss one or two throw rugs on your floor to absorb the echo, Corbett, and your video's sound will improve.
@marklen2322Күн бұрын
Trump need to raid these meat packing plants and return those jobs to Americans
@FrankRussell-d5qКүн бұрын
Sold yearlings yesterday in Canada. Worried about tariff situation. Did very well.
@callie-s3sКүн бұрын
No need in worrying we’ve seen this before high inputs cheap cattle. Fuel has done nothing but go up 8 days into this s show and it’s been nothing but chaos and drama
@paulschallbergerjr.4108Күн бұрын
@@callie-s3sno it hasn’t! Things are great! Cattle prices are tremendous! Great times are here!
@andyzumwalt3632Күн бұрын
@callie-s3s odd our fuel went down at the pump almost every couple days.
@callie-s3sКүн бұрын
@@paulschallbergerjr.4108 highest cattle we’ve ever sold under a Democrat. Tariffs start Feb 1 then watch
@paulschallbergerjr.4108Күн бұрын
@@callie-s3she’s president now. And he’s going to be president for awhile. So be thankful he’s making America great again! Have a blessed Day!
@callie-s3sКүн бұрын
Markets do not like chaos and drama in the government . Buckle up
@kurtleimkuehlerКүн бұрын
What chaos and drama. Do u mean logic?
@callie-s3sКүн бұрын
@@kurtleimkuehler shutting down the government shutting off Medicaid for elderly I guess that’s the Republican way if that’s the god people I don’t want nothing to do with it
@cowhand6112Күн бұрын
Like a real pro, Corbitt making it look easy. Gathering all the info, lugging around and setting up cameras, microphone, computers, etc. I appreciate you, Big Guy.
@kellybrooks1338Күн бұрын
Thanks good report
@dangarcia8094Күн бұрын
Marana Arizona sale lasted until past midnight
@Kevin-E-GlickКүн бұрын
first view
@wtt8790Күн бұрын
Sell calls? Really? How does that protect you?
@denniswilliams8242 күн бұрын
Sell Calls? Hell no, same margin risk with no upside.....
@kurtleimkuehler2 күн бұрын
Enter hedge w s call
@stephanied1432 күн бұрын
well bankers never lose . They socialize loses an privatize profits . Win win for sure
@medlaketrap2 күн бұрын
hedging still needs to be done correctly..... so if you're early... you're wrong!!!
@medlaketrap2 күн бұрын
my opinion... we are years away from shorting the market
@callie-s3s2 күн бұрын
@@medlaketrap we are days away from a trade war with our two closest partners. Let’s see what happens then
@LtColDaddy712 күн бұрын
The theory is every dollar they have to send in is balanced by the extra dollar received when they sell.
@edwardhubbard68032 күн бұрын
Great job 😊
@peggysmart4393 күн бұрын
GoTrump Go
@marklen23223 күн бұрын
I have news for you ICE has raided the packing plant in Worthington MN in the past. They took the 1st shift away in buses and the 2nd and 3rd shift never showed up for work for a week.
@callie-s3s3 күн бұрын
75% of workers are not showing up
@marklen23223 күн бұрын
@@callie-s3s Do you blame them? When Reagan was President he estimated 10 to 30 million illegals. Forty years later we probably have 130 million. We will probably see work in the US come to a standstill.
@callie-s3s3 күн бұрын
@ no I don’t blame them they do jobs we won’t do they keep us fed. The maga are slow to learn I had all the .89c beef I could stand during covid not to mention the tariffs
@callie-s3s3 күн бұрын
Trump’s “border czar,” said the administration also plans to bring back workplace raids, which were paused during Biden’s tenure. During so-called “worksite enforcement” operations, U.S. Immigration and Customs Enforcement, or ICE, agents arrest and detain individuals who are in the country without legal status. Homan has said workplace raids can help ICE agents identify human and sex trafficking victims. “Worksite operations have to happen. Here’s why,” Homan said during an interview on Fox News. “Where do we find most victims of sex trafficking and forced labor trafficking? At worksites.” There’s been a lot of speculation - but not much clarity - about when enforcement operations at worksites may begin. Last week, NBC News reported that the Trump administration was considering plans for a large-scale workplace raid as early as Inauguration Day in the nation’s capital or surrounding area. But in an interview with the Washington Examiner, Homan denied such plans had been discussed. Another plan the incoming administration is reportedly considering is rescinding a policy that keeps ICE agents from arresting individuals in places like schools, hospitals and churches. It’s unclear how federal agents might cooperate with local and state officials. The Texas Newsroom reached out to the Texas Department of Public Safety to ask about its cooperation with ICE but did not hear back. Did Biden or Obama enforce workplace raids? During President Barack Obama's tenure, large-scale arrests at workplaces were ended in favor of prosecuting employers - but some workers were still arrested, according to Politifact. Biden’s Department of Homeland Security Secretary Alejandro Mayorkas also said his agency would focus enforcement on unscrupulous employers instead of workers. However, just last week dozens of people in Kern County, California were arrested and detained by U.S. Border Patrol agents, according to several news reports. The arrests included two child rapists, an individual with a weapons charge warrant and a person suspected of defrauding another person of $70,000, according to U.S. Border Patrol Chief Patrol Agent Gregory K. Bovino. Border Patrol officials said the arrests were targeted at people involved in criminal activity, such as smuggling. Immigrant advocates, however, said some of the individuals arrested were farmworkers who were pulled over on their way to work and others who’d stopped at a local convenience store and gas station frequented by immigrant workers. The arrests drew attention because Border Patrol typically doesn’t operate that far inland but rather within 100 miles of the border. How have raids worked in the past? ICE agents have conducted raids at all kinds of different types of job sites, from meatpacking plants to technology repair companies. How the agency decides where to raid depends on a variety of factors. But the information it receives from others is key. “Usually, in terms of worksites, we have some information - someone has come to us and told us, you know, that there are undocumented persons that are working there,” Paul Hunker, former chief counsel for ICE in Dallas, told The Texas Newsroom. He said they often receive “intelligence” from an employee or are following up on a past raid. In 2008, ICE raided Pilgrim’s Pride plants across the country, including in Mt. Pleasant, Texas. Hunker said those arrested were alleged to have stolen the identities of U.S. citizens to be able to work. Other times, ICE agents will inspect federal employment eligibility forms filed by the company at worksites. Once inside, Hunker said workers are grouped according to their status. For example, U.S. citizens are separated from non-citizens with authorization to work and non-citizens who aren’t authorized. Afterward, workers are taken to a local ICE office, often by bus, where they’re processed before they’re moved to a detention center. Those who are detained have a right to an attorney but ICE doesn’t provide one. Some individuals will receive a notice to appear in court while others might be scheduled for immediate removal. Hunker said workplace enforcement actions are not quick and easy. "There’s a huge amount of coordination with state and locals to sort of plan out the operation,” he said. Haim Vasquez, an immigration attorney in North Texas, expects the Trump administration to prioritize removing not only people with a criminal background but also those who’ve already received an order to leave the country. That “will allow ICE to deport or remove them from the country without having to go to court,” Vasquez said. “They already lost their chance to go to court if they didn’t show up or they already went to court if they got their order of removal.” What happens to migrants caught up in the raids? What about the businesses where they worked? The lives of those caught up in raids are often upended, especially if the worker is the household’s primary income earner. That was the case in 2018, under the Trump administration, when ICE agents raided manufacturing company Load Trail in Sumner, Texas. About 159 people were arrested. In some cases, a worker’s family paid a $5,000 bond so their loved one could go home. Others were released for humanitarian reasons and ordered to appear in immigration court at a later date. As for the companies raided, many have not had to face severe consequences. One outlier was an affiliated company of Load Trail, the company raided in Sumner in 2018. In February 2023, it pled guilty to felony aiding and abetting document fraud. Under a plea deal, the company agreed to pay $5 million in fines. What about the broader community? How have family members, especially children, been affected? Children of parents who are detained or deported can experience emotional trauma, experts say, and may be caught up in the child welfare system if they don’t have any adult caregivers left in the states. Across the country, some school districts are already preparing for possible upcoming raids after Trump takes office. Some have asked parents to update their emergency contact information and have a plan for their children should something happen. Some community members rally around workers and their families who’ve been affected by a raid. After the Load Trail operation, the non-profit organization RAICES provided legal assistance. A local pastor opened his church to families and volunteers providing assistance. In the Honey Grove Independent School District, teachers, other staff and the superintendent collected donations after workplace raids in 2018 during the Trump administration. Superintendent Todd Morrison himself drove some family members to immigration court in Dallas. Stella M. Chávez is an investigative reporter for The Texas Newsroom. Got a tip? Email her at [email protected] or [email protected]. You can follow her on X @stellamchavez. KERA News is made possible through the generosity of our members. If you find this reporting valuable, consider making a tax-deductible gift today. Thank you. Tags News The Texas NewsroomBorder & ImmigrationDonald TrumpU.S. Citizenship & Immigration Services Facebook Twitter LinkedIn Email Stella M. Chávez | The Texas Newsroom See stories by Stella M. Chávez | The Texas Newsroom The best stories from KERA sent to your inbox. SUBSCRIBE
@callie-s3s3 күн бұрын
Biden is the one who wasn’t doing workplace raids
@callie-s3s3 күн бұрын
The price of beef is at all-time highs, but a major policy initiative of the incoming Trump Administration could drive them higher. In an industry that's already strapped for workers, mass deportations could put some ranchers and feedlots out of business.
@chadtosh68313 күн бұрын
Maybe if your business plan involves undocumented workers, you should rethink how you’re doing business anyway. We all think beef is high, but look at inflation and the price of everything else. I dunno, but if beef was to drop back much, there’d be a bunch more cows slaughtered off and would tighten the calf crop even more.
@callie-s3s3 күн бұрын
@@chadtosh6831 I guess you better be talking to meatpackers, feeders and the ranchers in Nebraska who were interviewed on national TV who employ illegals who said they will be busted if they loose there workers. Remember covid when the border shut down not enough workers in packers slowed chain speeds down cattle backed up no one wanted the cattle. You seem to have all the answers . We do all our own work dick Tracy
@callie-s3s3 күн бұрын
@@chadtosh6831 I can assure you the prices are going to bust when tariffs hit and trump is just itching for a fight, his new plan no income taxes for high earners his example was football players and higher tariffs to replace that tax income. Tariffs are paid for by consumers
@callie-s3s3 күн бұрын
@@chadtosh6831 we do our own work. Might want to run your business model through the packers half the workforce is from other countries
@chadtosh68313 күн бұрын
@@callie-s3s my business plan is pretty good, I’ve been making money through the poorer years, now it’s just bonus time!!! 👍.
@wtt87903 күн бұрын
How many negotiated cash fat cattle does Corbitt trade every week?
@keithschuebel6503 күн бұрын
What would be the inflation adjusted price for feeder calves be today? Thanks
@sodbuster52233 күн бұрын
For what time period and price?
@donmccoy37553 күн бұрын
Yep Trump👍just 5 years ago when l would talk about AI or Stargates or the Golden Age people thought I was crazy It is all coming out of the woodwork and nothing can stop it O by the way Trump is working with off-planet family!!!😎
@marka67193 күн бұрын
Kinda like an ole Merl Haggard song. “We’ll all be drinking that three bubble-up an a eat’n that rainbow stew”.
@kellybrooks13383 күн бұрын
Thanks
@cowhand61123 күн бұрын
Thanks Corbitt.
@kellybrooks13383 күн бұрын
Yes sir. Man doing what he said drain the swamp
@callie-s3s3 күн бұрын
USDA is next it’s gone
@callie-s3s3 күн бұрын
Half the people who process meat are from other countries so he is draining the workforce
@lilblackduc73123 күн бұрын
I agree! We don't need violent foreign criminals in food processing plants.
@Geno28463 күн бұрын
Great Reporting!!!
@jmsajh3 күн бұрын
😅 seriously! This was one of the worst since I started listening. The cattle market came off only because of the decline in the stock market due to the new Chinese AI. That's it.
@FrankRussell-d5q3 күн бұрын
What effect does bird flu have on chicken production that helps to support beef demand?
@PondPlace-dc1fg3 күн бұрын
Another small beef cow calf herd here sold over half their cows. Little by little .....bunch my old cows have to go this year. Should have last fall.
@peggysmart4394 күн бұрын
Thanks for the show
@feelnrite4 күн бұрын
I think a stock market dump could be what gets the cattle market.
@peggysmart4394 күн бұрын
I would rather not pay taxes and get less for my cattle and crops.