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154: Cattle Market Update What to Expect This Fall with John Campbell · CattleUSA Daily

0:00
Welcome to another episode of the Cattle USA Daily podcast.
0:03
Today we are welcoming back John Campbell onto the podcast to
0:06
talk about the markets and what we're seeing on the auction
0:10
blocks across the United States, not only in Lahana where John is
0:14
located with their auction market, but also just the
0:17
markets in general. What are we seeing with the
0:20
cattle market across the Midwest, across the world?
0:23
We talk all of those things. We talk going into fall, what
0:26
are we kind of anticipating? What are we going to be seeing
0:30
as we go into that? We talk about the volatility of
0:32
the cattle market and some other things that we have been seeing
0:35
over the past few weeks and what we can anticipate going forward.
0:38
Without further ado, let's go ahead and hop into this episode
0:41
with John. But before we do that, if you
0:42
guys could take one second to like, subscribe, rate and review
0:45
this podcast, we would really appreciate it here at the team.
0:48
It only takes a few seconds to go and do those things and helps
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us continue to grow, reach more people, and make a broader
0:54
impact within the cattle industry.
0:56
Without further ado, let's hop into this episode with John.
1:02
Welcome to the Cattle USA Daily podcast, your go to source for
1:05
the latest livestock markets, industry insights and the
1:08
updates shaping agriculture today.
1:11
I'm your host, Lauren Moylan, a passionate advocate for
1:13
agriculture, here to keep you informed and connected.
1:17
Now let's dive into today's episode.
1:25
John, welcome back to the podcast.
1:28
We are so excited to have you back once again after a one week
1:32
hiatus. How is life in La Junta?
1:35
How did the auction go this week?
1:37
Update us what's going on in the world.
1:39
You know pretty good the lightweight cap are going to and
1:43
again we're we're light on on receipts here.
1:47
Our business is seasonal, we're cow cap guys and and we'll get a
1:52
few yearlings here the end of the month.
1:53
But All in all this week you saw still pretty good optimism.
1:59
The lightweight calf guys are still in there because they know
2:03
they've got to buy them as they come.
2:06
You know, they're they're just not a lot with the genetics and
2:09
the feed and and there's not a lot of lightweight calves
2:13
available, so excellent demand for them because this weed is
2:17
sprouting just as fast as they're planting it and
2:19
everybody's starting to pile up feed and worried about next
2:23
year's grass cattle. And so for the available supply
2:27
on the light calves, the way they roughed the market up
2:30
Tuesday really didn't affect the little light guys.
2:33
You know, we still had three weight steer calves up to 515 to
2:37
as much as 575 weighing 3 which Lauren would would would be no
2:42
cheaper 4 weight steer cabs here in a lot of 465 to 517.
2:49
It seemed like 450 was kind of the break on the weight.
2:54
Then you get out for for this time of year, then those cabs
2:59
start getting a little too big for the guys that want to
3:02
ultimately run them on weed or winter them and then then summer
3:06
them. So you got up into the five
3:08
weight cabs. I hear 380 to 460 little heifer
3:13
cabs kind of followed suit. They were still stout.
3:15
The little 3 weights 430 to 485, few up to 515.
3:21
Four weight heifers, I thought just weighing for four and a
3:25
little we could still get north of of $4.00 by quite a little up
3:29
to 415 weighing on top of four. But the five weight cabs then
3:34
you kind of saw the effects of the limit down move and 3:50 to
3:38
380 and and Warren that would have been substantially lower,
3:42
you know, maybe 1520 bucks lower, but mostly packages and
3:47
small lots of cabs. So that that makes it even more
3:53
significant, I guess in in the price.
3:56
If we had some load lots of cabs, I don't think it would
3:59
have been quite that rough. Just packages of stalkers and
4:04
feeders. But that's where they really
4:07
took dead aim at them. 10 to 15 lower.
4:09
I thought if I'm being honest, 340 to 362 on the heifers on
4:15
like a 54050, what I consider a stalker handy way to heifer up
4:20
to a 6 weight. And then not any 7 weights on
4:24
the market to speak of, but kind of 320 to 327 on the big 850 to
4:30
950 weight heifers, which maybe just four or five bucks cheaper
4:35
thinking that they'll come fat sooner and and everybody a
4:40
little more confidence on the short term on the Fed cattle
4:43
deal. It was the cattle that you're
4:45
taking on out and going to make feeders and fats at later that
4:49
kind of took the blunt of it. We had some big £1000.10 and a
4:53
quarter weight efforts at 292 that really wouldn't wouldn't
4:57
have been any cheaper. On the steer side of things,
5:01
same deal, 5 to 13 lower once they got weigh in on top of five
5:06
like I, I called the 5 1/2 to 6 1/2 weight cattle kind of 390 up
5:12
to 410. We're still selling some 6
5:14
weight cattle north of $4.00 four O567410 best we did on the
5:21
seven weights, but again just smaller lots of them 378 and
5:26
kind of 3:35 to 351 on the eight way cattle here in La Hana,
5:32
which like I said would be a big 10/12/15 lower.
5:37
So anyway, we've we've been been through that before and so we
5:43
just live with it and go on, you know?
5:45
Absolutely. What about other sale barns in
5:48
the region or just across the states or anything like that?
5:50
What are what are kind of some things that have stuck out to
5:53
you this week? Any highs, lows?
5:55
What are your thoughts just on the market in general?
5:58
Well, the cow and the and the pair deal is kind of the stick
6:01
out. I think everybody even it'll be
6:03
interesting to see what happens today, but it's got a lower tone
6:07
to it everywhere. But the nice thing about waking
6:09
up Wednesday, they had expanded the limits and so everybody was
6:14
sitting on pins and needles watching the commodity market
6:17
and they ended up closing them higher, you know, and really
6:22
didn't take him down the hard at all.
6:24
Some of the back runs of the feeders down 100 points, which
6:26
is nothing this day and age. So everybody kind of breathed a
6:31
sigh of relief and thought, well, I guess there is going to
6:33
be a tomorrow. And and I thought yesterday and
6:36
Dodge in the same old to true today and Pratt and and Salina.
6:41
Everybody's gathered back up and thinking well, OK, all right,
6:44
it's a little cheaper, but it's not the end of the world.
6:47
But they, you know, selling some pears still that that's the
6:51
highlight. 4050 up to we had some young bears here bring
6:55
4700. Dodge City yesterday had a
6:59
dispersal, had some pairs bring 45 1/2.
7:03
I thought they're young springers there.
7:05
And Dodge yesterday sold extremely well.
7:07
Some spring cabin cows and these would have been four and five
7:11
year old cows, not necessarily 3 year old cows finally bring in
7:16
$4000 which I think we will see more and more common as they get
7:21
closer to cabin as we get through the fall harvest is
7:24
done, Cabs are sold, the money's counted and people realize they
7:28
got a tax problem. Why we'll see more of that $4000
7:33
mark on for sure on these young cows.
7:36
It, it's pretty encouraging, I guess at the end of the day to
7:39
see that happening here in, in September, the solid mouth
7:44
spring cabin cows, 28 1/2 up to they sold a lot of, and they
7:49
were to set a dispersal cows, but just just cows.
7:52
And I'm, I'm not putting them down, but solid mouth cows
7:54
bringing north of 3000, which is a pretty good benchmark for a
7:59
solid mouth cow. And what you'll see some of the
8:04
bankers and some of the boys will say, well, I don't know if
8:07
I want to get 4200 for a young cow, which she's the better
8:10
value. But they start looking at their
8:14
bank account and say, well, what about a solid mouth cow at
8:17
3234500? Well, she's next year's old cow,
8:22
but you'll still run her for a few years and you can save it,
8:25
you know, maybe 56700 bucks buying that solid mouth cow and
8:32
they think, well, I'll get her out another 2-3 years, then
8:36
maybe these younger cows will get cheaper and da, da, da, da,
8:39
da. So you'll probably see the solid
8:42
mouth cows in, in some places sell really, really well.
8:46
The old cow deal kind of 25 to 28, 800, which again for
8:53
September I I just think is great.
8:55
Normally we see the top in the stock cow market in November and
9:00
December for all of the reasons that I mentioned.
9:02
You know, the farmers are caught up the feeds in the bin, the
9:06
calves have been sold so we know how much money we got plus we
9:10
pregnancy tested our cows. We know how many holes we need
9:13
to fill. There's just a lot of questions
9:16
that are answered in November and December that can't be
9:20
answered quite. Yeah, you know, but luckily
9:23
there's not a lot of cows move it moving yet and I don't think
9:26
there will be a lot of them. But that stock cow market really
9:30
develops in November and December.
9:33
And, you know, we're we're at a shortage of cows and and over
9:38
abundance of rough feed so that that's only suitable for cows.
9:43
So again, it will pay to sell your older cows as pregnant cows
9:48
this fall. So something to think about.
9:51
Yeah, 100%. As we look out in the next few
9:54
weeks, we're getting ready to start fall.
9:57
Some people say we're already in fall.
9:59
I subscribe to the fall doesn't start until September 22nd.
10:03
That's personally me. So I say we're still a few weeks
10:07
away from fall. Some people are saying fall is
10:09
here. I'm saying no, you're crazy,
10:11
but. You are right.
10:13
That's right. Thank you.
10:14
Thank you. I know that because you haven't
10:16
broke your belt hat out yet. Or you're exactly your fur line
10:20
gloves. You know your handy handy the
10:23
the yellow ones, right? Yes, it's still hot outside.
10:26
OK, so what'd you say? September 22nd.
10:29
Yeah, I think that's when it is. That's right, yeah.
10:31
That's right. That's what.
10:32
That's when I subscribe to it. So we're a.
10:35
Few weeks away from it John, what are your thoughts as we get
10:38
ready and get prepped for fall? Well, you know what?
10:41
I'm starting to field a lot of calls daily wanting to know if
10:46
the cabs have started, have the cabs started?
10:48
Have these guys are chomping at the bit on these cabs?
10:52
They're coming off huge profits and we're just rehashing the
10:55
same thing. Lots of feed.
10:57
There's going to be wheat pasture I think, but that's
11:03
always promises a lot and and sometimes doesn't deliver.
11:06
But I am surprised at the calls that I'm fielding on a daily
11:10
basis. Guys, guys wanting calves
11:12
historically here in La Jolla and we're a big supplier of
11:15
calves. It's the middle of October
11:18
really before we we see any calves and, and you'll, we might
11:22
see a few of these Western Slope calves, Lauren come early
11:26
because they are just so dry West of here.
11:29
And some of the even in the San Luis Valley where where they had
11:33
a, a dry year didn't put up much feed.
11:36
There's no place to go with those calves.
11:38
Once they come off the mountain. The majority of those cattle
11:41
will summer on some BLM country or high country that probably
11:47
was better than the low country, but still they're kind of
11:51
running out of feed there. And so those guys, I know some
11:54
people that have already gathered their cattle off the
11:57
mountains and have weaned them and stuck them in some
12:00
commercial yards somewhere. There's, there's several yards
12:05
over Montrose Delta, Olathe over and there those guys will
12:10
background some calves sometime. But with the market as good as
12:13
it is, excuse me, you will see some of those calves just come
12:16
straight to town and the market is going to bring them in.
12:20
But it it's still really, really seasonal.
12:24
I mean, don't look for any big run in La Hana really for for
12:28
another month. And I look for the light cabs
12:31
just to they seem high now. I mean you're selling 55575
12:37
little 3 weight cabs typically they just get higher there as we
12:42
go along. The cabs are growing, the cabs
12:44
get bigger. Granted, there's a bigger supply
12:46
of them out there, but these little light cabs are hard to
12:50
find and the guys that buy those buy them all the time and they
12:54
will, I think they'll just get noticeably higher as we get into
12:58
the runs and the quality and the numbers start start to increase.
13:02
There's shorter numbers of them, but then normal and excellent
13:06
prospects for wheat pasture. And when those two things come
13:09
together, why look out 'cause those wheat guys will pin their
13:13
ears back and you know, it's just they just stick it up and
13:16
leave it up. When the dust settles, they want
13:18
wonder if they got them or not, you know, So you'll have to
13:21
fight those boys off. I think the big cabs lawn will.
13:25
I think they'll work higher too, just as they become more
13:28
available. You know, as I've mentioned
13:30
before, profit is an excellent motivator and everybody made
13:34
buckets full of money last year. Plus you got feed some much
13:38
cheaper this year in a shorter supply, you know, once once
13:43
harvest is over. I always think November
13:47
traditionally is better than than October.
13:50
A lot of people, your cow calf guys need to sell in October
13:55
just because of timing that that's when they need to do
13:57
something. So that's why we see such big
14:00
seasonal pushes at the end of October.
14:03
But for the Stockman out there, if you can wait till November, I
14:08
think you're usually rewarded about eight years out of 10 if
14:13
you can hold out into November. But we're, we're so close to
14:16
higher elevation. Those guys all run the risk of a
14:19
late storm, you know, or something like that.
14:22
And boy, it'll jerk 3040 lbs off them calves in just a matter of
14:26
no time, which is also one of the reasons the buyers like to
14:30
buy them in November. You know, I mean, the conditions
14:33
better, but usually, you know, we deal with a little cooler
14:37
temps. But first and foremost,
14:40
everybody's ready for one in November, whereas in October
14:44
we've still got Milo out, we've still got the last cut in the
14:48
hay to put up the silages in, but we haven't picked all the
14:52
corn yet. And those farmers will take
14:55
their farmers and they'll take care of all of that before they
14:58
start worrying about cattle. And so it's usually November
15:03
when that happens. A lot of the seasoned pros that
15:06
buy them all the time, But like I said, they like the condition
15:09
on the calves better. In November, you've usually had
15:13
a frost that kills the flies, kills the bugs.
15:16
We've usually had some moisture of some kind.
15:19
So that gets the dust problem down that you deal with in
15:22
October. If you're going to have wheat
15:24
pasture, it'll be made by November if you're going to have
15:27
it. Whereas October sometimes a
15:29
little too early. Like I said, the Cavs have had a
15:31
little snow on their back. So for the most part and your
15:35
temperatures moderate out too. You know, in October, Lauren,
15:37
you'll, hell, we could still have some 90° days.
15:40
It's supposed to be 96 here today.
15:43
But in October you'll see those huge temperature swings and the
15:48
old Gray haired guys, they say, you know, I'm not going to buy
15:52
one. It's 90 in the day and 30 at
15:54
night. Especially for what these things
15:57
cost. And just 'cause they cost more,
15:59
that don't mean they they'll survive any better.
16:02
So they want to stay away from those big temperature swings and
16:06
all those things are good and great, but they're also battling
16:09
with the battle. Oh God, Dang, that market's
16:12
going to go up. And everybody knows we don't
16:14
have any cattle. I don't know, maybe we better
16:17
get started by it a few, you know, so, but excellent,
16:21
excellent demand. I think we'll see and and I'm
16:24
optimistic right on through the fall.
16:26
I think we get higher as we go, barring any, you know, Black
16:30
Swan event to happen. Your cowboy boots tell your
16:33
story before you ever speak. Every scuff, every crease is a
16:38
memory. At Cheezos, we make each pair
16:41
like it's the only one that matters.
16:43
Because to the man who wears them, it is cowboy boots made to
16:48
be worn for years. And we're passing down.
16:52
Find yours@cheezos.com. That's Ch isos.com Cheezos do
16:59
right? Love Texas?
17:01
Yeah, we, we do not want any Black Swan events.
17:03
We've had enough for the year. I think that we can just call it
17:08
good and say that we've we've hit our Max for the year.
17:12
Let's just coast until Christmas and New Year's and say that 2025
17:17
was the year to remember and leave it at that.
17:21
Leave it at that. Like wouldn't.
17:23
Wouldn't that be great? Yeah, we can dream.
17:26
We can dream. Are there any other key
17:29
takeaways from the market that we need to hit on this week,
17:32
John? Any other things that we need to
17:34
be leaving with the audience members?
17:35
This week, just kind of a reflection of what we talked
17:38
about last week. You know, we talked about, boy,
17:41
when we get to such high levels, we are at the mercy of any
17:47
little thing that comes along. And, and, and Tuesday was a
17:50
prime example of that. And bless his heart.
17:52
You know, Trump came out, somebody asked him about
17:55
high-priced beef and he said, oh, well, we'll once my policies
18:00
are all in place and he's talking about Canada, he's
18:02
talking about Mexico, he's talking about Brazil, we'll
18:05
bring the price of that beef down.
18:07
Well, you got to remember it's just the farmers, the feedlots
18:12
guys and the Cowboys that are short.
18:14
You know, the millionaires are short, the billionaires are
18:18
long. The billionaires are the ones
18:21
the commercial paper guys, the feed lot, the excuse me, the
18:24
Packers are the ones driving this deal up and and they're the
18:29
long position. Will they are also the entity
18:33
that is the most influenced by any kind of bad news because
18:37
they're not in the business, they're not covering their ass.
18:40
They're like the Cowboys are. So when you the commercial paper
18:44
and the Packers, when they get a little shook up, they dump them.
18:48
And when they do, why then we suffer the, you know, the blunt
18:53
of the storm. So be on the lookout because
18:56
those commercial paper guys, they don't have the cattle like
19:00
the Cowboys do to back up their position.
19:03
And I'm making a real general statement here.
19:05
That doesn't mean some of the feed lot guys don't spec or some
19:08
of the Cowboys don't don't spec. But be conscientious about, you
19:14
know, if they drop the, you know, tariffs on Brazil, OK,
19:19
that's going to be a market shaker.
19:22
Incidentally, Brazil has just passed the US and beef
19:26
production. And a lot of, a lot of people
19:28
don't know they are the biggest producer of beef now.
19:31
US is now #2 yeah, we've got a great big tariff on Brazil, but
19:37
the Mexicans don't. So you can put two and two
19:42
together. So now Mexico is a big player on
19:46
the Brazilian beef and they'll the Brazilians will sell it to
19:50
Mexico and then somehow it'll find its way to the US.
19:54
Imagine that. But that's what's going to
19:57
happen. Again, we have a screw worm
19:59
either way. If the the US dumps enough money
20:02
into Mexico to fight a Mexican problem, why they'll have the
20:06
screw worm deal cleaned up and everybody that's screaming about
20:10
the Mexicans, why then they'll let them in.
20:12
So that in itself is not enough numbers to have an impact.
20:17
But remember, we're not talking. Sending the message to the
20:20
millionaires, we're sending it to the billionaires, and the
20:23
billionaires panic when something like that happens.
20:27
They've been along for the ride and making all the profit and
20:31
they're going to say I've made all the money I need, boys, Get
20:34
Me Out. And so if they open up the
20:36
border because of the the screw worm deal, that's going to
20:39
affect it. Or if we get the worst case
20:42
scenario and you get a screw worm in the US that's going to
20:45
tank the markets anyway, we have to be real conscientious.
20:49
And I still think it's a time to buy some insurance or short the
20:53
board, the insurance it, it is a good program.
20:56
It if you're not banked quite enough to handle the Chicago
21:01
boys, look at this. You know, all of those things
21:05
can affect it. And we know we're at way
21:08
historical levels. So spend 7080 bucks ahead and
21:13
cover your ass on these calves and on these stockers.
21:17
And I'm not a doom and gloom guy.
21:18
I hope it keeps going up. But you have to remember the
21:21
powers at be in why we're at the level.
21:25
So the Cowboys are still in control, Lauren, in terms of
21:28
fundamentals, you know, yes, it is fundamentally sound.
21:33
Our our business is way sound and we're helped by these
21:37
tariffs that are keeping all these outside cattle at Bay.
21:41
But that deal, the billionaires will make sure that changes and
21:45
when it does, you'll be happy you you've kind of got your rear
21:49
and covered. I I don't know when it'll happen
21:51
or how it'll happen, but I do think it it'll it'll probably
21:55
happen. I was talking to the other guy
21:58
we have on the podcast, Dan, about the commodities market
22:00
earlier this. Morning.
22:03
I like it. Yes, yes.
22:04
And we were talking about the fact that like we are selling
22:09
calves right now or yearlings for what we were selling fats
22:12
for last year. And we couldn't have predicted
22:15
that anytime like you, if you would put that in front of me, I
22:19
would have said put, yeah, when pigs fly like I, that's what I
22:23
would have said to that a year ago.
22:25
And but we're here. We're here and the market has
22:27
been so volatile over the past six months that we none of us
22:34
could have predicted anything that's happening right now.
22:36
And so it's one of those situations that's like, we also
22:39
can't predict what's going to happen in the next 6 months.
22:42
So protect yourself while it's high.
22:44
Protect yourself while while you still can.
22:46
So that way you're not the one licking your wounds in six
22:49
months when the market corrects and we're not seeing.
22:53
It and, and I think most people have or not the you know, and,
22:57
and it's, it's good on one hand it because that will keep you in
23:01
the game. You know, you, you'll still be
23:03
able to play the next time. Yeah, I only made 100 and I give
23:07
Chicago 700 or I give the insurance boys 80.
23:13
But you can still play if you've protected your profit.
23:17
And, you know, you hate missing out on this big play, but with
23:22
the dollars involved, it will allow you to play again.
23:27
And that, that that's important. But I and I think I, I don't
23:32
know what the percentage is, but the, the biggest percentage of
23:37
people have, have put on some kind of protection along here,
23:42
you know, way back there, you know, to 7080 not and, and, and
23:48
everybody at three. You know what?
23:50
Well, how do I sign up for this LRP?
23:52
Or you know what, what's the deal?
23:54
If only the real dyed in the wool Tufts that never do
23:58
anything. And I'm not saying they're
24:00
wrong, they're right this year. That's probably the only part of
24:04
the population and probably not a big one that that hasn't kind
24:07
of put some protection on, I think a. 100% Well, any other
24:12
thoughts as we close out the podcast today, John?
24:15
Well, I have my here's my folder and, and if you're going on for
24:20
the antitrust deal for JBS, this represents mine, which is not,
24:25
not where we did. It's not.
24:27
But it, it, you, you need to kind of buckle down and you'll
24:31
have to have all your close outs.
24:33
It it asks for a lot of information, but it it's not
24:37
super hard. I I got almighty entered and
24:40
then got ready to send it and because I was on Firefox or
24:45
something it had a firewall set up and wouldn't let me send it
24:48
and I lost the whole damn thing. So I had to start over and
24:51
luckily my wife would key entry. She's a Sharpie as I was reading
24:56
to her and we got into I think Google Chrome.
25:00
And so you, you, you can go that way.
25:03
But it, you know, and I'll do the math for it because it, it
25:07
finally submitted it. But JBS is so smart, you know,
25:11
they're, they're settling for 83 and a half million.
25:14
And I'm not an attorney, nor did I have my attorney look at this.
25:18
But it's saying by filing this claim, you're opting out of any
25:23
further actions against JBS. The very best scenario that I
25:28
think that I could make on 50, some 100 cattle would be maybe a
25:34
buck a head by the time the suits and ties take their cut.
25:40
And then you'd divide 83 and a half million dollars.
25:43
Lauren, they made that last night while you and I were
25:46
snoring. Well, you're buying us snoring,
25:49
but I ain't. It's nothing that they are so
25:53
smart. Well, yeah, we'll give you 83
25:55
and a half million. They've done it countless times.
25:58
Whoever negotiated that deal, I mean, that was a huge mistake,
26:02
JBS, but that's maybe the only deal you got.
26:06
But they have. They have done it and they have
26:08
done it and they have done it. But what?
26:10
By by filling out all this information?
26:12
I did it just for principle and for spite.
26:16
But what I'm saying is, Oh, yeah.
26:18
Hell, I'm glad you made that ruling. 83 and a half,
26:21
$1,000,000, because at the end of the day, boy, I really got
26:26
screwed out of about $0.82 a head or a buck.
26:30
Who the hell makes you know what I'm saying?
26:32
That's what it's probably going to boil down to.
26:34
You're going to get nothing. And you're telling me we went
26:39
through all of this and all of this antitrust and it'll be
26:42
years before they settle it because JBS, we've decided they
26:47
got you for a dollar that that'll be the payback to the
26:51
producers. So, you know, they need to
26:54
forget all that and the settlement deal.
26:56
And let's go back to the problem at hand.
26:59
What really is the situation out there?
27:03
You know what the Sherman antitrust laws are, the
27:05
monopolistic behavior. When somebody going to identify
27:10
the elephant in the room and say that's the real problem.
27:13
Well, we don't know that that's a problem or not, but here's 83
27:17
and a half million dollars. Oh, OK, boys, we got them for
27:20
83,000,000. Yeah, you Cowboys line up and
27:24
get your check for a buck ahead. Wow.
27:26
I don't bring them to their knees so.
27:30
John's going to be a rich man here in a couple years, I tell
27:33
you what, when this settlement comes.
27:35
Through yeah, that's. A Jack of paperwork.
27:38
If I'm the only one that applied.
27:41
Hey, they made it so difficult that maybe you will be the only
27:44
one that applied. And you well, yeah, it's
27:46
difficult for those that are challenged like like I am, but
27:50
it's really not all that hard if if you've got some got some
27:53
records and they they've even got a deal that says, hell, I
27:56
don't know, they got to me somehow, but I don't have all
27:59
the records. There's another option in there
28:01
where you can, you know, let let one of the high paid lawyers
28:07
kind of take you under his wing and and do the deal.
28:10
But again, I thought they were pretty smart by OK, you, you can
28:13
file that and get your share of the 83,000,000, but that's the
28:17
only money you're going to get. I think the way I understand it,
28:20
because you're opting out of, of, of a lot of it.
28:23
And Lorna, not to type a lot of time, but you and I touched on
28:27
it off the air. Man, oh man, we lost a great one
28:31
in Charlie Kirk, son of a gun, young Christian conservative.
28:35
And the thing I, I really appreciated about him is you've
28:40
got rock throwers like me that sat here and tell you and tell
28:43
you and tell you, you know, that guy had an open forum everywhere
28:47
he went to and he would look people in the eye and say, I'll
28:52
take all comers, all challenges and really did it right.
28:57
But I was so shocked when you you'd hear some of these these
29:01
talk show people and and they would say, I just, I can't
29:05
believe how we got to where we're at.
29:07
Well, cripes sakes and mighty, what you talking about?
29:11
It's easy to find out, you know, just look back of the Cliff that
29:15
we've jumped off over the last several years.
29:18
You know, society is, is really, really lost its way and we have
29:24
no value, no ethics, no morality.
29:27
And you know, people are just growing up.
29:31
Nobody's raising kids anymore there.
29:34
There's not 2 parents anymore. And I know things happen, but
29:36
you know, this radical decline in people's faith and, and, and
29:41
you know, what results of that is, is we have no established
29:46
code anymore of behavior to live by.
29:51
There is none, you know, and it started in, in my generation,
29:55
the decline. And no, no consequences for
30:00
failure or to perform it at any level.
30:02
And we're, we're all to blame because we didn't stand up and,
30:07
and take the hard positions. And now it's snowballing that
30:11
way and you lose a guy like that and the young guys coming on
30:15
saying, boy, I don't know if I want to go out there and beat
30:18
the drum too hard. I don't want to get shot.
30:21
You know what, what we created this huge population that have
30:25
been denied all of the things that we talked about and we
30:29
we've let them be denied. So that's the contention that's
30:34
out there now for any kind, in my opinion, any kind of rational
30:37
thought. Yeah, no, it's we were talking
30:41
about it off air. It's heartbreaking.
30:42
It really is. It's one of those situations
30:45
that you hear it and the world just feels like kind of pauses
30:49
for a second and you're like, OK, OK, how, how are we supposed
30:55
to move forward from this? What, what are we supposed to
30:57
do? Like, what is the next step from
31:00
this? And I think we're all kind of at
31:02
the standstill right now just trying to figure out what's
31:04
next. But like you said, we lost
31:06
someone who wasn't afraid to talk to anyone and talk to them,
31:11
like talk to them like a human and say, hey, here's your
31:15
question. Here's my rebuttal.
31:17
Let's debate it. Let's talk about it and like I
31:21
will hear any question and all questions and let's talk about
31:24
it. And he was such a outspoken
31:28
Christian as well and stood up for the gospel and so many
31:32
aspects and so many ways and tied it into politics in such a
31:34
beautiful way that it's, I don't know how you look at that and
31:38
say, let's move forward from this because it's, and it's so
31:42
sad that we live in a world where if you don't like someone
31:46
or if someone doesn't share the same views as you, that's the
31:49
way that you go. That's, that's the path that you
31:51
take. We go from 4 within 48 hours, we
31:54
have a woman murdered on a train rail because she's white and a
31:59
person assassinated because of his beliefs and his
32:04
outspokenness. And it's just a really sad, sad
32:08
place that we've come to. Yeah, yeah.
32:11
No, no, no. And you know, US old guys, why
32:14
we kind of think what we got our guy in there, You know what I
32:17
mean? He, he's fighting the battle for
32:19
us and, and made me not right on everything, but grounded in so
32:23
many of the ethics and things that people of my generation
32:28
believe in. He's our guy.
32:30
But we found so much confidence here.
32:32
You've got a young guy 31 years old and we got a vice president
32:36
still that is of that same discipline.
32:39
And we said, man, I, I can see the light now.
32:43
We, we've got some strong advocates out there for rights,
32:46
right wrongs, wrong, faith-based communication.
32:50
And boy, you know, it was so comforting for people, I think
32:55
my generation to think, you know, there's, there's still
32:58
some good young guys out there and by golly, don't lose all
33:02
hope. And you know, all the crap that
33:06
we're exposed to, there's still some people out there, but boy,
33:10
he was such an icon and and such a St.
33:13
It just breaks your heart to know how in the world name me
33:17
the number two guy that comes up behind him and has that big
33:21
impact. So it's going to take a while to
33:24
digest on it. Absolutely, will, Absolutely.
33:26
Well, well, John, thank you for your time today for coming on,
33:29
sharing your thoughts on the market and just a candid
33:32
discussion that you and I are able to have as well.
33:34
Well, I appreciate it. To all of our listeners out
33:37
there, we appreciate you guys coming in and listening to U.S.
33:40
chat every single week. Thank you for being here and we
33:44
will see you all tomorrow on another episode.
33:46
Have a good one y'all.