Latest / AG Bull / AG Squawk with Davis Michaelsen | Warren Symens | SD Cattleman

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AG Squawk with Davis Michaelsen | Warren Symens | SD Cattleman · AG Bull

• 0:11
  SPEAKER_00: Well, corn and wheat were under light selling pressure today, with soybeans a few cents higher, mixed, we're gonna have to call it, I'm afraid.
• 0:19
  SPEAKER_00: Lean hogs were lower, as were cattle futures.
• 0:22
  SPEAKER_00: And speaking of cattle, we'll chat with a cattleman from one of my favorite states in the union today.
• 0:43
  SPEAKER_00: From behind the big blue bodacious microphone of Ag Squawk, your pal Davis Michelson here for you, the handsome newsman.
• 0:50
  SPEAKER_00: Glad to have you along on this Thursday afternoon.
• 0:53
  SPEAKER_00: It's Thursday, folks.
• 0:55
  SPEAKER_00: We're almost there, September 17.
• 0:57
  SPEAKER_00: Hope you're having a great day.
• 0:59
  SPEAKER_00: I feel good.
• 1:00
  SPEAKER_00: It's hot in Kansas City.
• 1:02
  SPEAKER_00: But as you know, my guests and I were speaking about it, and I said if I guess I could complain about anything today, it might be the heat.
• 1:09
  SPEAKER_00: And he uh he wisely advised, you know, complaining probably won't help.
• 1:13
  SPEAKER_00: There's not much we can do about it.
• 1:14
  SPEAKER_00: And that's that's good counsel.
• 1:15
  SPEAKER_00: So we'll just grin and bear it.
• 1:17
  SPEAKER_00: Just a couple more days of heat.
• 1:19
  SPEAKER_00: They promise us it's gonna break here at KC before too long, and I hope that we all get to enjoy some crisp pumpkin spice weather before too long.
• 1:28
  SPEAKER_00: I could sure, sure use a little bit.
• 1:30
  SPEAKER_00: Warren Simmons from the South Dakota Cattlemen's Association is my guest today.
• 1:36
  SPEAKER_00: A new voice for us.
• 1:37
  SPEAKER_00: I'm anxious to get to know Mr.
• 1:39
  SPEAKER_00: Simmons and what what the uh South Dakota Cattlemen's Association is all about.
• 1:44
  SPEAKER_00: We're we'll walk through a couple of issues, nothing too heavy, and get to know him a little bit.
• 1:49
  SPEAKER_00: And and you know, we're just gonna talk some cattle and see where we where we end up.
• 1:54
  SPEAKER_00: I'm looking forward to the conversation.
• 1:56
  SPEAKER_00: Before we do, let's a little housekeeping here.
• 1:59
  SPEAKER_00: Export sales of corn in the report weekended September 10 came in below year ago and below the previous week, but we're still well within the range of pre-report expectations.
• 2:10
  SPEAKER_00: Soybean exports were off last week's two million plus tally, but still strong at 1.7 million metric tons, well above year ago.
• 2:20
  SPEAKER_00: And wheat exports were within the range of expectations and just slightly below the same week last year.
• 2:27
  SPEAKER_00: Not too shabby on the export sales this week.
• 2:30
  SPEAKER_00: Couple of quick uh news items.
• 2:32
  SPEAKER_00: I mentioned this, I believe it was yesterday.
• 2:34
  SPEAKER_00: We talked about Mitch McConnell coming back and maybe having an influence over the uh Senate Ag Committee's passage of the Farm Bill.
• 2:40
  SPEAKER_00: In fact, the Senate Ag Committee did advance Farm Bill 2.0 on a 12 to 11 party line vote yesterday.
• 2:48
  SPEAKER_00: No committee Democrats supported the Agricultural Act of 2026.
• 2:53
  SPEAKER_00: Congress headed toward the election recess.
• 2:55
  SPEAKER_00: The outlook increasingly points to a lame duck negotiation shaped by the uh November 3rd election results.
• 3:03
  SPEAKER_00: Presidents Trump and Xi Jinping are expected to meet uh September 24 in Washington, shaping up around reciprocal tariff reductions, ag purchases, an extension of the trade truce.
• 3:15
  SPEAKER_00: And yeah, we're looking at about thirty billion dollars of goods going each way on the table here.
• 3:22
  SPEAKER_00: And it could make American commodities more competitive with Brazilian supplies.
• 3:28
  SPEAKER_00: It depends on how it all sort of shakes out, but it could could encourage some buying by some more commercial importers, which would be which would be great.
• 3:36
  SPEAKER_00: And just one more quick news item here.
• 3:39
  SPEAKER_00: Gas buddies Patrick Dehan, senior petroleum analyst, says the pain at the gas pump isn't likely to abate soon.
• 3:45
  SPEAKER_00: And the diesel situation is even worse.
• 3:47
  SPEAKER_00: Dehan speaking to Jesse Allen, shout out to Jesse Allen, acknowledged the high price and grim outlook.
• 3:53
  SPEAKER_00: He pointed to uh Russian refinery outages as one point, but noted several other issues impacting the marketplace.
• 4:01
  SPEAKER_00: He said that, quote, just about everything is going wrong that could potentially happen.
• 4:06
  SPEAKER_00: And so the prognosis is not good.
• 4:08
  SPEAKER_00: We'll leave it there and hope for better days on gas and diesel pricing.
• 4:12
  SPEAKER_00: Let's talk about the markets.
• 4:14
  SPEAKER_00: We'll go to the tail of the ticker.
• 4:15
  SPEAKER_00: Corn and soybean and wheat futures were under moderate pressure to start the day session.
• 4:19
  SPEAKER_00: Cattle futures rebounded from yesterday's losses early as lean hogs encountered price pressure.
• 4:25
  SPEAKER_00: Rounding into the lunch hour, corn and soybeans paired losses and wheat futures were off session lows as well.
• 4:32
  SPEAKER_00: Livestock futures remained under pressure, but we're heading higher from session lows themselves.
• 4:38
  SPEAKER_00: This at the noon hour.
• 4:39
  SPEAKER_00: And before we get to the actual settlements here, let me mention plus 500 software.
• 4:44
  SPEAKER_00: We use plus 500 T4 software, and in fact, I will turn my gaze over to plus 500 T4 software right now.
• 4:51
  SPEAKER_00: We appreciate you all over there.
• 4:53
  SPEAKER_00: I've got December corn futures settling out at 530 and a half.
• 4:57
  SPEAKER_00: That's down three and three quarters.
• 4:59
  SPEAKER_00: Looking a little further out, down four, four and a half cents or so in the corns.
• 5:04
  SPEAKER_00: Over to your soybeans, November beans 13, 19 and three quarters.
• 5:09
  SPEAKER_00: That one's down three quarters of a cent, but we were, I'm gonna call it fractionally on either side of unchanged.
• 5:16
  SPEAKER_00: The May was up a penny, July up three quarters.
• 5:19
  SPEAKER_00: You get out to the January down a quarter cent.
• 5:21
  SPEAKER_00: So kind of mixed price action in the soybeans.
• 5:24
  SPEAKER_00: Meal was higher, oil was lower.
• 5:27
  SPEAKER_00: And then on to the wheat, sior uh Chicago wheat, the December contract 727.
• 5:31
  SPEAKER_00: That's down three and three quarters.
• 5:33
  SPEAKER_00: The KC December wheat at 794 and a half down and even nickel.
• 5:39
  SPEAKER_00: And I'll click on my livestock tab.
• 5:41
  SPEAKER_00: Here we go.
• 5:42
  SPEAKER_00: October feeder cattle, 324.37 and one half, down$5.27 and one half cents.
• 5:49
  SPEAKER_00: Your October fat cattle ended up at uh$215.65.
• 5:53
  SPEAKER_00: That's down$2.80.
• 5:56
  SPEAKER_00: And the October lean hog contract was higher, 22.5 cents.
• 5:59
  SPEAKER_00: I've got the dece listed here, if I'm not mistaken.
• 6:01
  SPEAKER_00: Yeah, 69.60 on the December lean hogs.
• 6:04
  SPEAKER_00: That one's down 35 cents.
• 6:06
  SPEAKER_00: And looking further out into the to the deferred, everybody's lower except that front month October contract.
• 6:13
  SPEAKER_00: So a lot of pressure across the board today.
• 6:15
  SPEAKER_00: This feels like a good day to talk about some cattle.
• 6:19
  SPEAKER_00: To talk about South Dakota, Warren Simmons from the South Dakota Cattlemen's Association now joins us here on Egg Squawk.
• 6:27
  SPEAKER_00: Mr.
• 6:28
  SPEAKER_00: Simmons, uh great to see you.
• 6:30
  SPEAKER_00: Great to have you on here.
• 6:31
  SPEAKER_00: I I hope we didn't take you away from anything too terribly important, but we sure appreciate your time, brother.
• 6:36
  SPEAKER_00: How are you today?
• 6:38
  SPEAKER_01: I'm doing fine, Davis.
• 6:39
  SPEAKER_01: Thanks for having me on.
• 6:40
  SPEAKER_01: Uh, as far as being busy goes, we're kind of in a holding pattern right now, waiting for fall to do its trick and do its thing, and we'll we'll get busy here soon enough.
• 6:48
  SPEAKER_00: So yeah, sure enough.
• 6:50
  SPEAKER_00: Well, and uh help me get my head around what what busy looks like for you.
• 6:55
  SPEAKER_00: Tell us tell us about yourself, about your operation.
• 6:59
  SPEAKER_00: What uh what keeps your boots dirty these days?
• 7:03
  SPEAKER_01: Sure.
• 7:04
  SPEAKER_01: So I'm a fourth generation farmer, cattle feeder, rancher here in northeast South Dakota.
• 7:10
  SPEAKER_01: You know, most of what we do kind of goes back to what my grandpa did.
• 7:15
  SPEAKER_01: One of the biggest things about this operation was he always believed that if you had crops and livestock, those work pretty well together.
• 7:22
  SPEAKER_01: And he made sure that the livestock he fed always got finished here.
• 7:27
  SPEAKER_01: He his belief was that nothing leaves a farm unfinished, and that way he could capture all the value of it.
• 7:33
  SPEAKER_01: So, you know, historically, this family operation is is all about being efficient and and using livestock to balance out the farming side of things and and vice versa on the years it needed to be.
• 7:48
  SPEAKER_01: Dad built a feedlot in the 60s, and right around 1970, somewhere in there, he and his brothers decided to get into the seed stock operations, and they developed a seed stock registered limousine herd, and we'll have our our 47th annual sale this coming spring.
• 8:07
  SPEAKER_01: I went to South Dakota State University late in the 90s, came back with the intention of coming back to the farm full-time, which I've done now for that many years.
• 8:18
  SPEAKER_01: My my oldest son and my youngest son are looking at being back.
• 8:22
  SPEAKER_01: My my oldest son is here full-time now, and my youngest son goes to college next year, and he's looking at an egg degree.
• 8:29
  SPEAKER_01: So it's a fully, fully engaged family operation.
• 8:32
  SPEAKER_01: I have an uncle here yet on the operation and myself, along with a full-time hired man.
• 8:37
  SPEAKER_01: We farm around a thousand acres of ground, cav out around 265 cows, and we finish out between 50 and 100 head cattle a year.
• 8:47
  SPEAKER_01: That's down quite a ways.
• 8:48
  SPEAKER_01: We used to run a pretty fair-sized feedlot here, but over the years with labor and and input prices, we've backed off of that.
• 8:56
  SPEAKER_00: So it it sounds like it at least back in the day, you were on your farm, they were they were growing crops and then just marching it off in those finished cattle.
• 9:09
  SPEAKER_00: Is that still the case today?
• 9:11
  SPEAKER_00: Are you are you growing growing crops in addition?
• 9:14
  SPEAKER_00: And are you feeding it to the cattle?
• 9:18
  SPEAKER_01: We are some.
• 9:19
  SPEAKER_01: Like I said, you know, at our largest finishing rate, we were feeding about 2,000 head a year.
• 9:25
  SPEAKER_01: Data developed a relationship with a branded beef product.
• 9:28
  SPEAKER_01: It was a natural product, and and so we were feeding, you know, 2,000 head.
• 9:32
  SPEAKER_01: Now we're down to that 50 to 100 range, just like I say, because of labor and what crop prices did, we decided that it was probably more beneficial to sell the grain than it was to feed it through the livestock.
• 9:43
  SPEAKER_01: But we're set up to continue feeding cattle.
• 9:46
  SPEAKER_01: We can we can follow the ubbs and flows of the business and increase or decrease as needed.
• 9:51
  SPEAKER_01: So yeah.
• 9:52
  SPEAKER_00: Yeah, that sounds like a pretty sweet setup there.
• 9:54
  SPEAKER_00: Northeast South Dakota, is that what you said?
• 9:59
  SPEAKER_01: Correct.
• 10:00
  SPEAKER_00: All right, very good.
• 10:01
  SPEAKER_00: Uh talk to us about the South Dakota Cattlemen's Association.
• 10:05
  SPEAKER_00: How how did you get involved there?
• 10:07
  SPEAKER_00: Do you do you have a role in the organization itself?
• 10:10
  SPEAKER_00: What uh what are they up to?
• 10:13
  SPEAKER_01: Sure.
• 10:14
  SPEAKER_01: So about 2016, a friend of mine who was on the cattleman's board of directors, he contacted me, and there was going to be a vacancy, and he thought that I should run for that vacancy.
• 10:25
  SPEAKER_01: He thought I'd I could be on that and do do some good there.
• 10:29
  SPEAKER_01: So I did that and and I got elected in late in 2016.
• 10:33
  SPEAKER_01: I'm in my 10th year, and you know, like any of those kind of things, I knew what Cattleman's was, I knew that it existed.
• 10:40
  SPEAKER_01: I'd been to a few conventions, lots of educational opportunities, lots of just fellowship with other ranchers and things like that.
• 10:48
  SPEAKER_01: And once I was on the board, I just kind of sat quietly and learned from the other board members what it was really all about, and came to realize pretty quickly that it's the 700 members in South Dakota that are producer members that really drive the association.
• 11:03
  SPEAKER_01: They're the ones that meet a couple times a year to go over policy and come up with the direction we want the association to take when it comes to bringing our our voice to Pier, our state capital, or to DC, or to the National Cattlemen's Beef Association, of which we are an affiliate.
• 11:22
  SPEAKER_01: So those 700 members are the ones that are driving it.
• 11:25
  SPEAKER_01: It's a grassroots operation and they come together to form those ideas and thoughts.
• 11:30
  SPEAKER_00: Yeah.
• 11:31
  SPEAKER_00: So of of those 700 or so members, I imagine that there are cattlemen from all sorts of walks of life.
• 11:39
  SPEAKER_00: You is is it fair to assume that you've got cow calf guys, you've got backgrounders, you've got you've got feeders, you've got you've you've got pretty decent mixes.
• 11:48
  SPEAKER_00: Is there one category there that sort of overtakes the others, or is it a good even mix?
• 11:55
  SPEAKER_01: I don't I don't think so.
• 11:56
  SPEAKER_01: I think it's a fair pretty fair mix.
• 11:57
  SPEAKER_01: We we have cattle feeders, we have cow calf guys, we have a very large contingent of the seed stock operators in the state.
• 12:07
  SPEAKER_01: It's pretty widespread about it, runs the full full gamut of operators.
• 12:13
  SPEAKER_01: So that is one of the things that we really feel leads to good policy, is you kind of have everybody's voices heard and and that makes for better policy.
• 12:22
  SPEAKER_00: Yeah, yeah.
• 12:23
  SPEAKER_00: Well, let's let's move on to and you can share as as much specific information on this or little as as you're comfortable.
• 12:33
  SPEAKER_00: That's fine.
• 12:35
  SPEAKER_00: But I I do want to talk here on Axquawk, it's what we call a backyard itis approved zone.
• 12:41
  SPEAKER_00: And so I'm curious about just your immediate area, or you can speak to maybe if you've heard from some of the other members, but I'd like to talk about current cash market conditions.
• 12:52
  SPEAKER_00: What's it what's it like to try and sell cattle in the cash market right now?
• 12:57
  SPEAKER_01: Well, like it has been recently for for a while here, uh cash is is outpacing the board.
• 13:04
  SPEAKER_01: I mean, I saw your report and had saw the down numbers, and earlier this morning I went looked at the local sale barn report, and and cash is still outpacing the board by quite a bit.
• 13:16
  SPEAKER_01: And I think that goes to show that honestly, what's out in the country as far as fundamentals when it comes to cow numbers, when it comes to calf numbers, when it comes to placement numbers, you know, it those fundamentals are going to be what they're gonna be, and it takes years for those to change.
• 13:31
  SPEAKER_01: And so as far as prices go, you it's still pretty high.
• 13:35
  SPEAKER_01: You you sell calves in a sale barn today, it's still pretty high, and you should still be making quite a little to take care of some of those years where that wasn't the case.
• 13:44
  SPEAKER_00: Yeah, absolutely.
• 13:46
  SPEAKER_00: Well, and it's it's probably cheaper to make your own there on the farm than it is to buy a calf that drops, isn't it?
• 13:53
  SPEAKER_01: Well, you know, and that that's the part of the the feeding, the feedlot sector that's always a challenge.
• 13:58
  SPEAKER_01: When you're catching it on the upswing, you buy them a little bit cheaper, and by the time you go to to sell them on the live cattle end of things, you you know, you hopefully have made some pretty good money.
• 14:09
  SPEAKER_01: But there's always a down cycle in the cattle industry, too.
• 14:12
  SPEAKER_01: And so that catches the feeder as well.
• 14:14
  SPEAKER_01: Yeah, it's the margin for the feeder is always pretty narrow.
• 14:17
  SPEAKER_01: You know, when you're making them yourself, you can kind of you know you kind of take care of some of those issues, but you don't have the interest and things like that.
• 14:26
  SPEAKER_01: High high interest sure does lead to a lot of things when you're trying to buy feeder cattle and finish them.
• 14:32
  SPEAKER_00: Absolutely, I can imagine.
• 14:33
  SPEAKER_00: And interest rates got just a little bit higher just just yesterday.
• 14:38
  SPEAKER_00: I'm gonna jump ahead just a little bit in my notes here, but I'm I'm very curious and I understand it takes a very, very long time, a year and a half, two years, maybe even longer, to begin to rebuild the national cattle herd here.
• 14:57
  SPEAKER_00: And I wonder if you might have an opinion on the current state of the national cattle herd, and uh if there's maybe a tipping point that we could look for that would help kind of speed things along just a little bit and get a little herd rebuilding going.
• 15:12
  SPEAKER_01: Right, right.
• 15:13
  SPEAKER_01: Yeah, it you know, we we breed cows in in June around here, late May and June.
• 15:20
  SPEAKER_01: When we make the decision for what we're gonna have for numbers for next year for what we're going to breed back, we make that decision late this year.
• 15:29
  SPEAKER_01: And so by the time that decision's made, it's six months later you start breeding those, and then it's nine months later before those will have a calf, and then it's you know, 18 months later before those calves are ready for market on the finished market.
• 15:50
  SPEAKER_01: So we're talking well over two years from the time you make the decision that you're gonna hang on to heifers and breed them, or decide you're gonna cull more cows than usual before those kinds of things fetch.
• 16:01
  SPEAKER_01: I think the tipping point is gonna be if winter comes in deep in parts of the country that needs it, that's gonna make a difference.
• 16:08
  SPEAKER_01: And next spring, you know, if the rains start, weather is always gonna be the tipping point.
• 16:13
  SPEAKER_01: We can make all kinds of changes in Washington that we think is gonna help.
• 16:17
  SPEAKER_01: But unless it rains, it's really not gonna change a lot of the fundamentals out in the country.
• 16:23
  SPEAKER_00: Well, and yeah, speaking of that, our our own uh Jed Sidwell, he's from out in the flat of Colorado and has talked about how dry it is out there, the cost of feed, the cost of forage, the just all of the costs are are really starting to add up there.
• 16:40
  SPEAKER_00: Are you dry where you're at or or have you gotten gotten some decent moisture?
• 16:46
  SPEAKER_01: Yeah, sure, sure.
• 16:47
  SPEAKER_01: Right in my corner of the state, we're actually in pretty fair shape.
• 16:51
  SPEAKER_01: It was starting to dry out.
• 16:53
  SPEAKER_01: Historically, the last 30 years, we've been one of the wettest spots in the state on a consistent basis to the point where last year we planted every acre on our operation, and in one day we lost 30% of it because of a deluge of rain.
• 17:07
  SPEAKER_01: And so we're in one of those wet spots in the state, and we're finally drying out to the point where we can we can farm every acre again.
• 17:14
  SPEAKER_01: The pastures were in in really nice shape, the grass was starting to harden up, the ponds were starting to start to wonder, you know, what's what's gonna happen.
• 17:24
  SPEAKER_01: But we got an inch earlier this week, and it looks like we could get another inch.
• 17:27
  SPEAKER_01: So we're in really good shape.
• 17:29
  SPEAKER_01: I hate to say that too loud because I do know what's going on out in the country.
• 17:32
  SPEAKER_01: It's it's pretty tough.
• 17:33
  SPEAKER_01: You mentioned the flats of Colorado.
• 17:35
  SPEAKER_01: I I got a friend there in the La Junta area in Colorado, and and it's really dry there, and he's been it's been a number of years where they've been in a drought.
• 17:45
  SPEAKER_01: It hasn't been just a this year thing, it's been year after year after year, and he's worried that not only is his grass dormant, that it might be a loss, you know, forever until the climate changes.
• 17:55
  SPEAKER_01: So he's ranging far and wide to the tune of a thousand miles to try and find grass for his cows.
• 18:01
  SPEAKER_01: Wow.
• 18:02
  SPEAKER_00: Well, and it is good.
• 18:03
  SPEAKER_00: It is good to hear from someone who who who's on the other side of that that drought, because man, that's that's hard times and could be hard times that they're they're dealing with for a good long time.
• 18:15
  SPEAKER_00: So no, I'm I'm glad to hear that you folks and those up in your area are are are doing well anyway, even if even as others others are suffering just a little bit.
• 18:26
  SPEAKER_00: I wanted to get you on to get, and I don't know if if you need to clarify if these are your independent thoughts or if you're reflecting the thoughts and opinions of the South Dakota Cattlemen's association here.
• 18:39
  SPEAKER_00: I don't want to drag you into deep water, but but I did mention I I'd like to talk about labeling.
• 18:45
  SPEAKER_00: M Cool has been a been a big issue here, and I I guess I'd just I'd just like to hear your thoughts on it.
• 18:55
  SPEAKER_01: Sure.
• 18:56
  SPEAKER_01: Yeah, you bring up M Cool, you know, those that's been brought up every year, seems like labeling.
• 19:02
  SPEAKER_01: You know, I mentioned my experience in this goes back quite a ways.
• 19:05
  SPEAKER_01: I mentioned that dad did business with a branded beef company for 20 years.
• 19:10
  SPEAKER_01: So we labeled a lot of cattle coming through and a lot of beef out of the place.
• 19:15
  SPEAKER_01: Uh one of the other things that dad did was he ran a meat cooler here off the place, and we sold meat in uh in the 80s off the place.
• 19:24
  SPEAKER_01: Some years up to 100 head went through that freezer that he sold fairly locally.
• 19:29
  SPEAKER_01: And he was also experienced in hauling loads of cattle to plants in Minnesota that would uh that would send reefer loads of of beef to the cities like Detroit, even some to the West Coast.
• 19:42
  SPEAKER_01: So we're pretty familiar with what it took back then.
• 19:45
  SPEAKER_01: And then when the the plants started to box their own beef, that kind of went away a little bit.
• 19:50
  SPEAKER_01: So we forego forwent that back at back then.
• 19:53
  SPEAKER_01: But you know, as far as whether it's my voice or the cattleman's voice, when I got on that board and I started learning and listening and paying a lot closer attention to the details, I learned a lot.
• 20:06
  SPEAKER_01: And when I was elected vice president, I got heavily involved with sharing those messages.
• 20:11
  SPEAKER_01: I did that for four years, and then I was president for two years.
• 20:14
  SPEAKER_01: I'm just starting to finish up my first year as immediate past president, so I still have a role on there.
• 20:21
  SPEAKER_01: So when I do these interviews and these kinds of conversations, I do want to make sure that people know that my thoughts and opinions are shaped by what I've learned in that experience with both on our operation and through the cattlemans.
• 20:35
  SPEAKER_01: I will be, you know, saying what South Dakota Cattlemen's policy is because that's what the members of the organization elected me to do.
• 20:44
  SPEAKER_01: And so I'm obligated to do that.
• 20:46
  SPEAKER_01: But the message is one and the same.
• 20:48
  SPEAKER_00: Well, good for you.
• 20:49
  SPEAKER_00: That's uh that's uh that's that's vital, especially in a leadership role, to when the the values and the views of a particular organization match up with your own and with your own experience.
• 21:04
  SPEAKER_00: So country of origin the people who push back against country of origin, where does that push back come from?
• 21:14
  SPEAKER_00: And what what do you say uh in response?
• 21:20
  SPEAKER_01: I think one of the biggest pushbacks from our organization is is what is the cost.
• 21:25
  SPEAKER_01: We know that there's going to be retaliatory tariffs, and in the last 10 years since MCOOL went away in statute, nobody has figured out how to get around those billion dollars in retaliatory tariffs that were going to be put on by the World Trade Organization.
• 21:44
  SPEAKER_01: The other cost that we see, you know, I I can throw statistics out, and there some are quoting something like$100 million is what it's going to cost to enact this program.
• 21:56
  SPEAKER_01: And we can debate those numbers, but one thing is for sure when you have a government mandated program, there's going to be a cost there.
• 22:05
  SPEAKER_01: And we know how inefficient government can be, and we know how inefficient.
• 22:09
  SPEAKER_01: Paperwork is.
• 22:10
  SPEAKER_01: And so there is going to be a cost.
• 22:12
  SPEAKER_01: And I can guarantee you that it won't be one of the big four packers that pays that cost.
• 22:17
  SPEAKER_01: They're going to pass it on either to the consumer, which is a fear right now, because the consumers are paying an awful lot for beef compared to what they used to.
• 22:25
  SPEAKER_01: It's probably not high in the grand scheme of what's happened with inflation.
• 22:29
  SPEAKER_01: It's probably finally caught up.
• 22:31
  SPEAKER_01: But they are paying a cost and it will go up if there is country of origin mandatorily put on.
• 22:37
  SPEAKER_01: But also that's going to get passed down to the producer in what they are paid for their cattle when they go to one of the plants.
• 22:46
  SPEAKER_00: As I understand it, and please correct me if I'm if I'm off base here, but as I understand it, it was the World Trade Organization that basically put the put the original kibosh on.
• 22:56
  SPEAKER_00: It was a 10 10, 11 years ago or so.
• 23:00
  SPEAKER_00: My question would be if we get this passed here domestically, is isn't there just a chance that the World Trade Organization is gonna is gonna kibosh it all over again.
• 23:15
  SPEAKER_01: I guess I can't speak for that organization, but I do know that if that isn't the case, that that the billion that gets paid in retaliatory tariffs will have an effect.
• 23:26
  SPEAKER_01: We like to think that other countries pay tariffs, but we know at the end of the day it's it's consumers that pay the tariffs when they come through.
• 23:33
  SPEAKER_01: You know, there is country of origin labeling.
• 23:36
  SPEAKER_01: Anyone can label their product anytime they want right now.
• 23:40
  SPEAKER_01: I mentioned that we, you know, a couple times now that we used to sell beef to a brand of beef company and and we labeled all that.
• 23:46
  SPEAKER_01: And there's lots of products in the that are labeled.
• 23:50
  SPEAKER_01: And so if somebody really wants that product, they can go find it.
• 23:53
  SPEAKER_01: They can find it through any one of those niche beef companies, or they can look for the product of the USA label, which starting in January now has been enforced that that product must be born, raised, and harvested and processed in the United States to carry the product of the USA label.
• 24:10
  SPEAKER_01: So that's a legitimate label now that they can look for if they want that.
• 24:13
  SPEAKER_00: Ah, very good.
• 24:15
  SPEAKER_00: Well, and of course, we all know that that United States grows the most delicious, healthy, and nutritious beef known anywhere in the known in the known universe, I would dare say.
• 24:25
  SPEAKER_00: Is that a fair statement, sir?
• 24:28
  SPEAKER_01: I think that's a pretty fair statement.
• 24:29
  SPEAKER_01: You know, everybody thinks that their own operation raises better beef than the one next to them anyway.
• 24:34
  SPEAKER_01: So I think that's a that's a source of pride for for us as individual operations, for us as states, and for us as a country.
• 24:41
  SPEAKER_01: I I do want to iterate and make sure everybody understands that any product that is imported is inspected.
• 24:47
  SPEAKER_01: It follows a lot of guidelines with USDA, and so that is a safe product.
• 24:52
  SPEAKER_01: I don't want to discourage anybody from from eating beef in this country.
• 24:56
  SPEAKER_01: It's going to be a ground product, it's going not going to be a stake.
• 24:59
  SPEAKER_01: If you're going to go buy a ribeye, the 99.999 infinite nine chance is that it's an American product.
• 25:06
  SPEAKER_01: It's the lead trim that's being imported, and that's being blended with our high-quality product.
• 25:12
  SPEAKER_01: And the purpose of those imports is to cheapen up our high-quality products so that a certain sector of the consumer can afford it.
• 25:21
  SPEAKER_01: There would be a whole section of the country that wouldn't be able to afford to eat ground beef if we didn't have imports.
• 25:27
  SPEAKER_01: And so I think it's important to realize that.
• 25:31
  SPEAKER_00: The the Trump administration's announcement a couple of weeks ago that they're gonna import what was it, 300,000 tons or something of of beef to help to help do exactly which what you were talking about, it lit some people's hair on fire.
• 25:47
  SPEAKER_00: I wonder are I haven't seen a whole lot of developments on that lately.
• 25:52
  SPEAKER_00: It seems like maybe the discussion has died down, but is there anything that we need to be aware of there?
• 25:57
  SPEAKER_00: Can you help us get our heads around that whole import policy?
• 26:04
  SPEAKER_01: Sure.
• 26:04
  SPEAKER_01: Yeah, 300,000 metric tons.
• 26:06
  SPEAKER_01: And so if I did my math right, uh that leads to about eight-quarter pounders per American for every man, woman, and child in America, that's eight-quarter pounders.
• 26:17
  SPEAKER_01: And so that's a drop in the bucket compared to the national consumption of beef.
• 26:23
  SPEAKER_01: And so it wasn't so much that we're going to import it, it was the hubbub surrounding it that it was going to solve all these problems.
• 26:31
  SPEAKER_01: And one of our takes always with any of these kind of announcements is how it's done.
• 26:36
  SPEAKER_01: When Washington speaks, markets move, and that's one of our issues with how things are handled there.
• 26:43
  SPEAKER_01: Just plain speaking up and saying we're going to do all these things to cheapen up beef, that causes markets to drop.
• 26:49
  SPEAKER_01: And while the cash out in the country, like I mentioned, and the fundamentals haven't changed a lot, the board has changed, and it changes how we have an ability to protect our investments in the board.
• 27:02
  SPEAKER_01: So that does have an effect.
• 27:03
  SPEAKER_01: I've I think that there's better ways to go about how we communicate these things and where the beef is coming from.
• 27:10
  SPEAKER_01: The devil is always going to be in the details.
• 27:13
  SPEAKER_01: It it would be good to have the details before the announcements are made, in my opinion.
• 27:18
  SPEAKER_00: Yeah, yeah, well said.
• 27:19
  SPEAKER_00: Well said.
• 27:20
  SPEAKER_00: Man, I you you said quarter pounder.
• 27:23
  SPEAKER_00: And I do love a good quarter pounder.
• 27:25
  SPEAKER_00: In fact, if I could if I can sneak out a little brand name here, I was in Rapid City.
• 27:31
  SPEAKER_00: Now, this has been a few years ago, and I don't quite remember what the award was, but I think they were using locally sourced beef in their quarter pounders.
• 27:40
  SPEAKER_00: And I I got one at the drive-thru, and I'm here to tell you that was absolutely delicious.
• 27:45
  SPEAKER_00: Do you are you aware of of the uh of the story with that?
• 27:49
  SPEAKER_01: I'm not, and uh I'll tell you the reason why I'm not aware is because there are multiple, multiple award-winning restaurants in Rapid City and Sioux Falls in the bigger cities that that are having these burger battles a couple times a year, and there's always an award-winning burger battle.
• 28:06
  SPEAKER_01: And yeah, and now with the environment we're we're in with raising cattle and selling beef, there's many more branded products within our state.
• 28:13
  SPEAKER_01: Another friend of mine that's on the South Dakota Cattleman's board with me, Hadrick Ranch Beef, they sell that everywhere in the state as well.
• 28:21
  SPEAKER_01: And that's a I mean, there's all kinds of places like that that are that are doing it.
• 28:25
  SPEAKER_01: So don't let anybody tell you that that it can't be done because this outfit raises a top-notch product from from calf to finish and sells it to restaurants and sells it to storage, so it can be done.
• 28:37
  SPEAKER_00: It absolutely sounds like I need to take a driving tour of the great state of South Dakota.
• 28:43
  SPEAKER_00: It's been a few years, it's been too long since I've been there.
• 28:46
  SPEAKER_00: If there's burger wars going on, you know, I want to be on that battlefield.
• 28:50
  SPEAKER_00: I'd I I'll put an appkin up on my shirt and everything.
• 28:53
  SPEAKER_00: I'm I'm ready to go.
• 28:54
  SPEAKER_00: That sounds absolutely fantastic.
• 28:57
  SPEAKER_00: Well, and I'm kind of joking around a little bit, but you know, a little healthy competition keeps the fires lit, doesn't it?
• 29:07
  SPEAKER_01: Yeah, especially in that in that end of the of the spectrum.
• 29:10
  SPEAKER_01: You know, when when it's a restaurant, when you're trying to get customers that way, the more you can do to differentiate the better.
• 29:18
  SPEAKER_01: I you know, I I think it's important you I mentioned earlier about why we import and why we need to cheapen up some beef.
• 29:25
  SPEAKER_01: Keep in mind that probably the average consumer in the country isn't eating that kind of burger every day, right?
• 29:31
  SPEAKER_01: Yeah, and so I think sometimes we lose track when we think about what the consumer wants.
• 29:35
  SPEAKER_01: Sure, the same is true in Kansas as it is in South Dakota.
• 29:38
  SPEAKER_01: We are not the average beef consumer, and the person that we're trying to appeal to across the tree has a totally different eating experience and has a totally different way of life than we do when it comes to buying and consuming food.
• 29:51
  SPEAKER_00: Yeah.
• 29:52
  SPEAKER_01: Yeah.
• 29:53
  SPEAKER_00: I got on to the uh South Dakota Cattlemen's Association Facebook and was scrolling down just a little bit, and there's a real good post on there from when is this from?
• 30:04
  SPEAKER_00: From a from a little while back, September 8th, I guess.
• 30:07
  SPEAKER_00: So not not terribly long ago.
• 30:09
  SPEAKER_00: And it mentioned something that I hadn't thought about for a while, but wolf management.
• 30:16
  SPEAKER_00: We're getting off script just a little bit here, but I I just want to lob that one at you.
• 30:20
  SPEAKER_00: Talk to us about that issue, how it became an issue, what's changed, and what are the what's the cattlemen's association's thought?
• 30:33
  SPEAKER_01: Well, my guess is that that was part of the the collection of things that came out of the White House that day.
• 30:39
  SPEAKER_01: It probably was one of the steps that they're taking to delist, you know, without specifically going and finding that post and and reading it word for word.
• 30:48
  SPEAKER_01: My guess is it had to do with delisting the gray wolf in places like Wyoming, Montana, Idaho, Colorado, wherever that may be.
• 30:56
  SPEAKER_01: We're exactly right.
• 30:58
  SPEAKER_01: Obviously, in in this corner of the state, we don't have a wolf problem.
• 31:01
  SPEAKER_01: And and so we don't, you know, while we're supportive of our neighbors and their efforts to to keep their calves alive and and healthy and and deal with those kinds of issues out there, we're certainly supportive, and that's part of the reason that we're part of the National Cattlemen's Beef Association, is because we can support them on their issues and they can support us on ours when it comes to national policy.
• 31:22
  SPEAKER_00: Yeah.
• 31:23
  SPEAKER_00: Just one more from that that paragraph.
• 31:26
  SPEAKER_00: And these are these are coming way out of left field.
• 31:28
  SPEAKER_00: They're they're off the notes now.
• 31:29
  SPEAKER_00: We'll get back to the notes in just a moment, I promise, Warren.
• 31:33
  SPEAKER_00: But those the small regional processors, the small packers, sometimes it just seems like they they absolutely don't stand a chance.
• 31:43
  SPEAKER_00: What do we need to do to support those operations and to keep the small regional packers going?
• 31:49
  SPEAKER_00: The the small processors.
• 31:55
  SPEAKER_01: Yeah, we use small processors here when we do process our own beef.
• 31:59
  SPEAKER_01: There is quite a few around.
• 32:00
  SPEAKER_01: If we were going to try and push the whole country's cowherd through small local processors, you couldn't build enough fast enough or employ enough people.
• 32:10
  SPEAKER_01: The economies of scale when it comes to the large packing plants is really quite unbelievable.
• 32:16
  SPEAKER_01: And I would encourage everybody to tour one of those if they could.
• 32:18
  SPEAKER_01: But the reason that they are able to do what they do is because of the economies of scale.
• 32:23
  SPEAKER_01: And so I think these small plants are absolutely necessary.
• 32:27
  SPEAKER_01: As far as supporting them, you know, I think probably what it takes is consumers to seek those out and that and to find those.
• 32:36
  SPEAKER_01: But the biggest problem that we do have with those plants locally is uh labor.
• 32:42
  SPEAKER_01: We have some that have closed.
• 32:44
  SPEAKER_01: I mentioned we have quite a few around us, but there are also some that have closed, and it's mostly a labor issue, trying to get enough help there to harvest enough beef, among other you know, livestock, as well as when hunting season rolls around.
• 32:58
  SPEAKER_01: Sometimes they shut down to do wild game because they have to keep that differentiated, of course.
• 33:03
  SPEAKER_01: But it's it's a labor issue, is the reason that some of those struggle so bad.
• 33:08
  SPEAKER_00: Yeah.
• 33:08
  SPEAKER_00: Interesting.
• 33:09
  SPEAKER_00: Well, I appreciate your thoughts on that.
• 33:11
  SPEAKER_00: Okay, we're we're gonna hop back on the script here and we'll we'll start easing our way toward the exit.
• 33:17
  SPEAKER_00: I don't want to keep you all day here, Warren, but you mentioned something from the top of our conversation that's very interesting to me.
• 33:25
  SPEAKER_00: I my ears perked up right away when you said it.
• 33:28
  SPEAKER_00: I'm very interested in the future of farming, the future of ranching, the future of agriculture here in the United States of America.
• 33:36
  SPEAKER_00: You mentioned you went to college with every intent to come back to the farm.
• 33:41
  SPEAKER_00: Did I hear that correct?
• 33:44
  SPEAKER_01: Correct.
• 33:44
  SPEAKER_01: Yes.
• 33:45
  SPEAKER_01: I I attended South Dakota State University and I took a general egg program, and that was a two-year program that pretty much overarched everything from livestock to soils to a little agronomy, and then of course, all the things that you have to take college freshmen, the speech class, you know, all of those kinds of different things that we don't think about.
• 34:06
  SPEAKER_01: But I went back for a third year and I just signed up for the classes that I thought would help me on my operation without worrying about going towards a degree.
• 34:15
  SPEAKER_01: I took the principles of animal breeding, I took advanced nutrition courses and different things like that that I felt would help me when I came back.
• 34:22
  SPEAKER_01: You know, my dad, I give him a lot of credit because he never pushed me one way or the other.
• 34:26
  SPEAKER_01: He said, There's room if you want to be back here, but we're certainly not going to push you.
• 34:31
  SPEAKER_01: And it's good that you're going to get that college experience so you can kind of find out what may or may not be out there.
• 34:37
  SPEAKER_01: I for two years while I was in college, I worked at the SDSU research feedlot as well.
• 34:42
  SPEAKER_01: And I probably learned as much from those folks working at that feedlot as I did in the classroom.
• 34:47
  SPEAKER_01: So that was a big help.
• 34:50
  SPEAKER_00: Just curious here, maybe kind of a personal question, but uh when you're when your dad said, you know, come back to the farm or not, I'm good either way.
• 34:58
  SPEAKER_00: What if if you hadn't to come back, what what might you have been doing?
• 35:02
  SPEAKER_00: Did you ever give that any thought?
• 35:04
  SPEAKER_00: What would you what would you have been doing if if not farming and ranching?
• 35:10
  SPEAKER_01: You know, that was close to 30 years ago now, so I have to give that a little thought.
• 35:15
  SPEAKER_01: But I the other thing I thought of at the time was was something in construction.
• 35:19
  SPEAKER_01: My grandpa was a a big builder and he built houses and and he had lots of different projects and things like that.
• 35:25
  SPEAKER_01: And so those are some of the things I considered.
• 35:27
  SPEAKER_01: And actually, some of the electives I took were in some of those areas because everybody has heard of a barn raising, so everybody knows that farmers and ranchers build their own building things like that.
• 35:38
  SPEAKER_01: So that was even helpful to come home.
• 35:40
  SPEAKER_00: Yeah, absolutely, for sure.
• 35:42
  SPEAKER_00: And and it sounds like the next generation is is eager to take over and to join you there on the operation as well.
• 35:51
  SPEAKER_00: I wonder about about the future though, and about succession planning and that that whole issue, what what does the cattle industry need to do sort of at large to keep kids on the ranch and and and keep the next generation in business?
• 36:08
  SPEAKER_00: I mean, right now, right now it's it's a bit of a tough slog for for some, especially, you know, okay, out in the the flat in Colorado.
• 36:16
  SPEAKER_00: How do you convince a kid, you know, hey, well, you should you should come back too and and live a life similar to mine.
• 36:22
  SPEAKER_00: It's it can be a very tough business, obviously, and and farming as well.
• 36:27
  SPEAKER_00: What's the uh what's the hook?
• 36:29
  SPEAKER_00: What's the trick?
• 36:29
  SPEAKER_00: I think I think it starts.
• 36:32
  SPEAKER_01: Right.
• 36:33
  SPEAKER_01: I think it starts in the home, like most things, and and outside the home on the operation.
• 36:40
  SPEAKER_01: I think you have to portray it as a way of living that you have to take advantage of its positive every day.
• 36:47
  SPEAKER_01: Yeah, there's lots of negatives, the weather, right?
• 36:49
  SPEAKER_01: The the prices, the all of the things that we know are challenges in this business, whether you're a grain farmer or in the livestock industry.
• 36:56
  SPEAKER_01: But I think it starts with trying to be positive about it all and finding the good in all of it.
• 37:04
  SPEAKER_01: That goes along with a personal mindset.
• 37:07
  SPEAKER_01: I think you have to portray it.
• 37:09
  SPEAKER_01: We're not victims here.
• 37:10
  SPEAKER_01: We decide what we're gonna do.
• 37:13
  SPEAKER_01: We decide whether we're gonna be successful or not.
• 37:16
  SPEAKER_01: We're gonna be able to adapt changes, we're going to be able to adapt to the things that we need to be flexible in in staying successful here and staying liquid.
• 37:26
  SPEAKER_01: You know, you gotta keep your operation as a business as well.
• 37:29
  SPEAKER_01: It can't just be a way of life at the cost of everything.
• 37:32
  SPEAKER_01: It has to be a business as well.
• 37:34
  SPEAKER_01: And so I think it needs to be a good attitude, which is hard.
• 37:38
  SPEAKER_01: I I fully recognize that.
• 37:40
  SPEAKER_01: I I struggle some days to have the positive attitude as well.
• 37:43
  SPEAKER_01: And you know, I try and show my kids that, hey, you know, I I might be, you know, putting in 60 hours a week, 70 hours a week, 80 hours a week for the first 25, 30 years of my adult life, but there's also lots of flexibility here.
• 37:58
  SPEAKER_01: I can I can come and go as I please, and and you know, you get to be out on the land every day, you get to be around cows every day, and and that sure beats the heck out of working with next shoulder to shoulder with somebody in an office all day.
• 38:10
  SPEAKER_00: So absolutely, absolutely well said, sir.
• 38:13
  SPEAKER_00: You you represent your organization and and yourself very, very well and your industry.
• 38:19
  SPEAKER_00: I appreciate the heck out of your your willingness to to talk to us.
• 38:23
  SPEAKER_00: And you know, I threw you some curveballs in there that I don't know if you expected or not, but uh gone it.
• 38:28
  SPEAKER_00: You you know what you're talking about, you've got this figured out, and I really appreciate that about you.
• 38:33
  SPEAKER_00: We're gonna we're gonna move on and we're gonna talk about the weather in just a minute, but I wonder if there's if there's anything more that you would like to in my notes here.
• 38:44
  SPEAKER_00: I have uh on this bullet point some final thoughts.
• 38:47
  SPEAKER_00: I wonder what what your final message might be to my viewers and to anyone who might be watching there.
• 38:54
  SPEAKER_01: Sure.
• 38:55
  SPEAKER_01: I guess first of all, it would be that I don't have the answers.
• 38:58
  SPEAKER_01: I don't have all the answers.
• 39:00
  SPEAKER_01: That's why I think it's really important to be a part of an association like South Dakota Cattlemans or National Cattlemans, is because if I don't know, I can find out.
• 39:08
  SPEAKER_01: You know, we don't like to recognize when people are smarter than us out in the industry, but I guarantee you there's a pile of people out there that know a heck of a lot more about what's going on than I do that have studied it a lot harder.
• 39:21
  SPEAKER_01: And and those are my answer people.
• 39:23
  SPEAKER_01: Those are the people I go to, and then think I can think on where their positions are and think about what they're learning and understand it a little better.
• 39:31
  SPEAKER_01: So I think it's important to belong to an association that gathers with positivity, like I mentioned, with an attitude towards working together, not just being angry all the time and and thinking that we have to stop and and blame somebody else, but but importantly, we need to work together and come together to form these policies and these ideas and these understandings of of what it takes to have a national beef industry.
• 39:57
  SPEAKER_00: Yeah, yeah.
• 39:58
  SPEAKER_00: Warren Simmons from the South Dakota Cattlemen's Association.
• 40:02
  SPEAKER_00: Well said, well said.
• 40:03
  SPEAKER_00: I sure do appreciate you.
• 40:05
  SPEAKER_00: Whenever I've got guests on here with me, I do ask them right about this time of the program to just look out the window.
• 40:12
  SPEAKER_00: Again, it's a backyard itis approved zone here, but just looking out your window, what what are you dealing with weather-wise today?
• 40:20
  SPEAKER_00: Is it hot?
• 40:21
  SPEAKER_00: Is it sunny?
• 40:21
  SPEAKER_00: Is it cloudy?
• 40:22
  SPEAKER_00: What do you got going right now?
• 40:24
  SPEAKER_01: Gorgeous day, beautiful day outside.
• 40:26
  SPEAKER_01: We've got, I think it's it says it's 70 degrees.
• 40:30
  SPEAKER_01: We've got a seven mile an hour breeze, sun's shining, uh, humidity has dropped.
• 40:34
  SPEAKER_01: You know, I think we were at 90% to start the morning.
• 40:37
  SPEAKER_01: It's under 60% now.
• 40:39
  SPEAKER_01: Just a gorgeous fall day.
• 40:40
  SPEAKER_01: So we're looking forward to a whole lot more just like it.
• 40:43
  SPEAKER_00: Absolutely.
• 40:44
  SPEAKER_00: When is when is the typical first frost up there?
• 40:48
  SPEAKER_00: Can you can you ballpark it?
• 40:50
  SPEAKER_01: It it depends on the year.
• 40:52
  SPEAKER_01: It could come next week or it could come on home, and it just depends on the year.
• 40:55
  SPEAKER_01: I for a couple years in a row, we had crop-bearing blizzards the first week of October, and we've had tank top weather on Thanksgiving.
• 41:04
  SPEAKER_01: It just depends on the year.
• 41:07
  SPEAKER_00: Very good.
• 41:08
  SPEAKER_00: Well, it's it's hot as a bugger down here in Kansas City for another couple of days.
• 41:13
  SPEAKER_00: The National Weather Service is calling for hot temperatures and high humidity to continue across much of northeast Texas into the mid-Mississippi Valley into this weekend with heat advisories in effect.
• 41:27
  SPEAKER_00: Heavy to excessive rainfall occurring at times through Saturday could bring areas of flooding across parts of the central plains into the upper Midwest, Great Lakes, and Four Corners states just in time for a nice muddy harvest.
• 41:40
  SPEAKER_00: Hopefully we we get a chance to dry out just a little bit.
• 41:43
  SPEAKER_00: Warren Simmons, before uh before I cut you loose here, I usually like to share a few items of of mild interest.
• 41:50
  SPEAKER_00: Can I uh can I garner some mild interest from you for just another moment or two, sir?
• 41:56
  SPEAKER_01: I'll try and keep it mild, yes, sir.
• 41:58
  SPEAKER_00: All right, perfect.
• 41:59
  SPEAKER_00: That'll be perfect.
• 42:00
  SPEAKER_00: It was 1787, and I think we've got a picture of it here, too.
• 42:05
  SPEAKER_00: The U.S.
• 42:05
  SPEAKER_00: Constitution was signed by delegates at the Philadelphia Convention.
• 42:10
  SPEAKER_00: We look at we talk about July 4th, 1776, and that was a significant day in its own, but it wasn't until 1787 that that constitution was finally knocked out and signed by the delegates at the Philadelphia Convention.
• 42:24
  SPEAKER_00: 1862 on this date, September 17, the Battle of Antietam, the bloodiest day in the American Civil War, with 22,000 dead, wounded, or missing in the first major battle on Union soil.
• 42:37
  SPEAKER_00: And finally, it was this date in 1934.
• 42:41
  SPEAKER_00: RCA Victor released the first 33 and a third RPM recording.
• 42:46
  SPEAKER_00: It was Beethoven's fifth symphony performed by the Philadelphia Orchestra.
• 42:51
  SPEAKER_00: Dun dun dun dun.
• 42:53
  SPEAKER_00: That was the first 33 and a third RPM record to be released in 1934.
• 43:00
  SPEAKER_00: Well, Warren, with that, I want to thank you once again and offer up my respect and my appreciation for your candor and for your willingness to talk to us today.
• 43:08
  SPEAKER_00: Warren Simmons from the South Dakota Cattlemen's Association.
• 43:12
  SPEAKER_00: Thanks so much, brother.
• 43:13
  SPEAKER_00: Maybe sometime we can have you on again.
• 43:15
  SPEAKER_01: Yes, sir.
• 43:16
  SPEAKER_01: Anytime.
• 43:16
  SPEAKER_01: Thanks for having me.
• 43:18
  SPEAKER_00: Outstanding.
• 43:19
  SPEAKER_00: Warren Simmons from the SD Cattlemans.
• 43:22
  SPEAKER_00: And may I also direct you to AgBull.com where you can dig deeper with AgBOL Intel.
• 43:27
  SPEAKER_00: Call 855-737 Farm.
• 43:30
  SPEAKER_00: Take the markets by the horns with AgBull.com.
• 43:33
  SPEAKER_00: Jedsted, well, we'll be back first thing in the morning to get you set up with the taste of that Ag Bowl Intel.
• 43:39
  SPEAKER_00: And then tomorrow afternoon, I've got a Weismeyer, I've got a Grissafi, I've got that Friday feeling.
• 43:44
  SPEAKER_00: Come on back tomorrow, y'all, for another Ag Squawk.