Montana's Young Gun: Jace Thompson's Auctioneering Legacy, World Travel & Market Outlook
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Montana's Young Gun: Jace Thompson's Auctioneering Legacy, World Travel & Market Outlook

welcome to We Live It the Live A podcast

Your source for livestock market

insights management strategies and real

conversations with those who don't just

work in the cattle industry they live it

Here are your hosts Ty De Cordova and

Casey Mabry

This is a blooper real

blooper Welcome to We Live It the Live

Act podcast with Tidy Cordova and Casey

Mabry Today joining us is Jacece

Thompson from Billings Montana

international champion auctioneer Um so

Jace we'll just kind of jump right into

it Um kind of fill us in on your

background kind of where you're from how

you got in the industry your family

history and all of that Well first of

all it feels like I'm being interrogated

for a crime right now the way you guys

are looking at me Uh but yeah we're in

beautiful Fort Worth Texas I appreciate

appreciate you guys having me on Uh I

guess where do I start i guess uh I'm

I'm a third generation auctioneer third

generation in the cattle business Uh my

grandpa started down there in Wyoming He

still lives in Lander operates there in

that Wyoming area but he started from

nothing He was dead broke and uh just

kind of got the wild hair to do it and

and started what what is now a really

really big business there He handles a

lot of ranchers cattle down there in

Wyoming Um and he's he's really built I

would say an empire the way I look at it

you know But uh and then my dad started

down there in Wyoming He operated there

for when he was about my age for

probably 10 years or so And then uh I I

don't have my timelines right I'm sure

but operated there for about 10 years or

so Um my grandpa owned Riverton and so

he worked there and then worked at a

handful other barns across Wyoming and

then he moved up to Billings Um and Pat

Gogggins hired him up in Billings and my

dad's been there ever since and he

started uh quite a large business there

in Billings and the surrounding areas as

well So um and then I've I've grown up

uh I was born in Lockwood there on a

background lot that we had and uh worked

there my whole life kind of grew up

working in the yards working uh at the

feed lots Um kind of what I guess I had

no other choice in a sense but you know

I enjoyed it and and kind of was able to

learn from from the ground up and grew

up working there at the feed lot working

there on the yards was able to be around

it and learn a lot and then kind of

started getting into the auction side of

it and the rest is history You know the

first time I ever heard your dad I guess

he was selling peepers red Angus bull is

me and my dad were sitting and my

brother was sitting in a sail barn one

day and come across peeper sale and your

dad was selling it and that's kind of

how I got to know your dad We bought a

mini bulls from peeper red angles and he

uh I love to sit in front of him and buy

cattle Yeah he was he's one of a kind

And um that's kind of when I heard about

you and when we was looking at and

hiring our auctioneers for live a u your

name kept getting brought up and I said

I I didn't I'd never heard of you and so

matter of fact I never even listened to

you We sat down had dinner that one

night and and

here we are and Jace asked me he said

well how did you hear me have you ever I

ain't heard you I I ain't never heard

you sell but I hear good things about

you and I know your family Your family's

real deep in the industry Uh really

really respect your dad Uh he's a great

great man Um and when I called and

visited him about it he was it was

Anyways so that's kind of how it come

about you here There was a dinner one

night in Billings Montana out of the

blue And uh then about two weeks later I

heard you sell

bull somewhere And I told Jason I said

"I don't know why we'd hired this guy."

And uh but no we pick on we pick on

Jason a lot around here because What

were you What were you gonna do if I

sucked what were you going to do if you

had me there really wasn't a plan B Fire

you

But but I guess we would have probably

fired you But you're still here so you

didn't suck The apple doesn't fall far

from the tree though right that's right

You guys got to lean on genetics I mean

you get that genetics is a key thing in

this industry whether it is people or

cattle So you kind of got to lean on

that a lot So no it's pretty pretty cool

to watch you grow up or hear about you

grow up hear about your industry

standard hear about your people I mean

that's that's what it's all about here

at Live A is the relationship with the

foundation of the families And I mean

it's just it's neat to watch the next

generation rise up and Yeah And that's

that's kind of what I like so much about

Live Egg you know is is the foundation

of of members and reps and and employees

that you guys have built up you've kind

of um done it with the future in mind

you know and you want some some youth in

there and some people who have have had

some experience in the industry even

though they may be young and kind of

build some future in it How old are you

22 My gosh Do you remember in your 20s

pretty sure I was still eating my

boogers Me too I wasn't thinking about I

wasn't thinking about a a long-term

vision but um that's another thing when

we sat down with him and and talked

about goals and and what he what he sees

and he's a one thing I liked about him

He he thought 10 years out or 15 years

out He was for his age it really shocked

me for him to be as businessminded and

and I'm bragging on him now and I give

him a hard time all the time So I don't

want to build him up too much cuz his

head's already a little big So we got to

pump the brakes every once while But

he's a phenomenal young man in the

industry that that you want to attach

yourself to and watch him grow and it's

pretty neat So um well I imagine I mean

you think about it you probably didn't

spend a whole lot of time watching TV

when you were a kid right i mean you

were sitting out there with your dad and

running that growy yard and all that

stuff Probably when you were young I

mean 12 13 14 years old Oh yeah Well and

I think that was a huge benefit too And

I don't know what you guys' childhood

was like but I got to spend a lot of

time outside you know we had a couple

thousand acres right across the street

and you know I love playing outside you

know even as as a young kid And I think

just having that freedom and being able

to to kind of explore it and it's such a

benefit to to a young person because not

not all kids get I mean it was it was

that's true So special to be able to

just have all that there and and be able

to get dirty be able to work you know

and I just think it's uh kind of an

important part of the development You

talked about your grandfather Were you

like right up against him all the time

or was he was he in a different location

no he was down in in Wyoming which

they're about four four and a half hours

south You know we spent a lot of time

our family was real close growing up

Still are Um you know kind of uh my

dad's side Um all the cousins were real

close spent all holidays together Um and

I I I've always been really close with

my grandparents but I wouldn't say I

spent a lot of time with them growing up

Yeah Um but you know in the last since

I've started auctioneer and especially

my grandpa and I have become real close

and uh he's helped me out a lot We've

done some deals together and it's you

know just been a privilege to be able to

be close to him uh in the in

business-wise in the last four years But

we've always been close as a family you

know growing up Yeah No I think that's

probably super important and I think

it's I think it's very interesting and I

watch I've I've been had the luxury of

meeting lots of different families and

my background where I grew up is way

different uh than than most everybody

and everybody's got different

backgrounds but it's interesting to

watch like you talk about your

grandfather and the empire that he built

and then your dad goes off and kind of

does his thing Uh and then it looks like

you're wanting to go kind of do your own

thing as well and kind of pave your own

way and not just kind of fall in line

And there's too many families that um

you look and it's like everybody tries

to just mandate what that person's going

to do and come back and fold into the

operation and then those operations

don't survive long term Um but you guys

are all trying to pave your own way and

I mean it's interesting how young also

you are with that insight and that

foresight to do that So yeah Well I

think it's important like I would I

would always you know I've traveled a

lot I've never moved out of my hometown

but I've traveled a lot and been able to

experience different things in my

travels But I think it's extremely

important uh like we or my dad uh sells

for the sheelbines and they mandate that

their their kids go out and and do

something somewhere else and you know go

get a degree go live somewhere else and

just I think that experience and that

diversity can bring a lot even if you do

come back to the operation it brings a

lot of benefit to the family operation

But I think you have to kind of make

yourself unique with your experiences

Yeah Yeah I would agree I would agree

But um you also competed in in the LMA

championship world championship

auctioneer contest last week and and

also by doing that you you put yourself

out there to be a spokesperson for the

industry So kind of what does that mean

to you and and how how does all that

work and kind of fill us in on the

contest stuff yeah Yeah So I started

doing the contest I never really was a

big fan of them It was funny I always

kind of thought like I was all these

things are just for show and you know I

didn't think there was anything special

to them and I ended up kind of making

myself go to one and then I went to one

and I'm like man I learned a lot you

know I brought a lot home that that uh

made me a better auctioneer you know

whether it was big things or or just

little tiny you know minute things you

know and so they started to add up these

things that I learned at these contests

and they made me so much of a better

auctioneer So anyways fast forward I

started going to the um world livestock

auctioneer championship Went to

qualifier two years ago in Torington

qualified and went to the worlds Um had

a great experience You know you meet so

many people It's uh it's also the the

championship is in conjunction with the

LMA convention So you got industry

leaders from all over the country and

they're all meeting about important uh

industry issues And so it's just like

it's really cool to be a part of and at

that convention and you learn a lot But

uh the contest this year was in Dunlap

Iowa Omaha Nebraska And uh there was 30

of us there's 31 but there was a

gentleman had some injuries from a car

accident so he didn't make it but

there's usually 31 Um there's 30 guys

and it was a really fierce competition

and they had a heck of a lot of good

cattle there in Dunlap and uh we we were

able to showcase our skills and but uh I

don't know what I ended up we've been

joking about it I don't know if it's

fourth or ninth but Well you're the top

10 Made the top 10 Yep Made the top 10

which in my opinion is is that was a

tough group up the top 10 I mean the

whole deal was tough but then that top

10 What's the youngest person that's

ever won it will they let a 22y old win

are they going to make him get in the

top 10 about eight years in a row if I'm

if I'm m I might be mistaken but was

Ralph the youngest one to win it or was

um Blaine Lots won I know Blaine Lots

won it when he was I think 20 Yeah Oh

wow Yeah There there's been a couple

younger guys but uh I I think the norm

would be you know 30 Yeah Well I've told

I've said this before on this podcast I

mean you don't really get any kind of

clout in this industry until you're 40

Yeah Right Yeah Way ahead No wonder they

let Wade win it

He had a He got over 40 so they finally

let him win it Um they felt by default

You've been here so many times By

default he got it You're supposed to

give him a They was tired of seeing Wade

weren't they yeah So

the way this year Once you win it they

don't let you do it anymore Yeah You

can't go back But you spend a year you

know they give you a pickup and and they

arrange a bunch of appearances for you

and you go around I think Wade did 40

this year Yeah He's overachiever Yeah He

And I think he's older than 40 isn't he

yeah He would probably I think me and

him were close to the same age He might

be a little bit older than me He might

be 44 or five So they kind of aged they

kind of aged him out Yeah Get a little

long in the tooth So the competition

like for the people that don't know

about it like what's day one i mean like

so kind how long is it what's it do kind

of give us a detail So the convention

would be let me see the convention would

be six days long technically or I guess

five or six days long Um but the contest

you know they take you over take you to

the the auction barn kind of give you

the initiation the rundown You meet the

auction owners Uh this year Dunlap gave

us a local sponsor So like usually the

host market will give you a gift And um

instead of they they did give us a gift

but they also had a someone from the

community because Dunlap's such a small

community Had someone from the community

sponsor us uh get get us a night's hotel

room and um so we all had our our own

local sponsors So we met them It was

cool and it brought the community into

and you know all those local sponsors

were at the barbecue and it was just it

was it was really community oriented But

um so they take you there You go through

orientation Um and then there's an

interview portion of this contest which

How' that go i hate it Went better than

last year but I struggle with it being

up there being under pressure It's kind

of hard to talk to people isn't it oh I

know Especially Wade Wade is up there

making faces at me trying to screw me up

But uh so you go through the interview

portion that's 25% of your score So you

do that uh your second day of the

contest and then you go and do the live

auction portion Uh I usually sell eight

drafts in the prelims and then if you

make the top 10 you sell 10 drafts Um so

it's it's pretty cut and dry but uh I

think having that you know LMA

structures it to you know they want you

to be a spokesperson for their industry

and um that interview score being 25%

you know it shows your ability and and

to to get up and and speak and which I

obviously need more polishing on but get

up and speak in front of people and and

test your knowledge as well Yeah So

let's say we're there's somebody out

there that's watching this thing that's

a younger uh person that wants to become

an auctioneer someday and maybe they

want to win the world championship Like

what things to you I mean like I look at

you as no different than any kind of

professional athlete right um because

you're using one of your physical

attributes or your mental attributes to

do it Like what do you do to mentally

prepare yourself you know throughout the

year what are things how like if you

leave there and you're like man this is

what I need to work on Like what do you

do i mean is it on a daily basis weekly

basis driving down the road let's let's

kind of talk about that How do you

develop your skill and how do you hone

it yeah it takes a lot of time to to

develop your chant you know Um I would

say my chant came easier than my

mechanics of it Uh so I've had to put a

lot of work into the mechanic side of it

but um you know you just spend time

driving down the road It's spend

repetition It just takes time You got to

do it and do it and and correct little

tiny things And um so I think once you

develop your chant you know that's

that's the easiest part And then I've

learned you know just getting into to

the auction side of it I've learned the

most by just doing it And I've told so

many people that like when I was first

starting

even if it was a pots and pans auction

or any auction that I got the chance to

sell I made it a point to go and do it

You know even if I knew it was going to

suck or it would be a wreck I made it a

point to go and do it because even if it

doesn't go well you learn what not to do

or you learn how to handle those

situations So I would say that was a big

thing that I did for myself like

preparing myself career-wise and

developing myself career-wise Um and the

other big thing is you got to have a

mentor You got to have somebody You know

my dad and grandpa both were big and I

always talk about them but also I mean I

get to sell with some of the best

auctioneers in my opinion in the world

every day You know I sell with Bill Cook

there at Billings Lifestyle Commission

and he's just incredibly knowledgeable

and he's been a wealth of knowledge to

turn to and a great mentor and become a

good friend too But um you got to have a

mentor as well You got to have somebody

to help you Um somebody who knows and

somebody who can kind of take you under

their wing Um it it sure expedites the

process But I would say that those are

the two things for for developing your

career And then for me I sell enough

sales a week to where I can kind of get

my practice in while I'm selling or at

the sale So it's not like I do

exercises or anything for it you know

it's just a it's just enough repetition

And uh I've kind of I've kind of uh been

able to hone my skill No I think one of

the biggest points you talk about is

like the mentors and so is there

somebody you try to mimic yourself or

mimic after or you're like I'm just

going to create my own Yeah No I think I

think it's important I think

auctioneering that's kind of the the

cool thing about it is it's your art you

know and everybody has their different

style Um I I tried to be unique I tried

to be Jacece Thompson you know but

inevitably when Ty Thompson is teaching

you or or Warren Thompson's teaching you

you you you know pick up some of their

their habits Hopefully all the good ones

too Oh yeah Yeah So what I know you've

traveled a lot Where's one of the unique

most unique place you was able to go

sell and then what is the kind of the

strangest thing you ever sold

um I Well I would say the most unique

place That's easy I I went to South uh

South Asia for quite a You're tough with

words honestly

Spent uh spent two years going over to

South Asia selling equipment selling

equipment construction equipment and I'd

say probably the most unique thing was

over there We'd sell ambulances and also

I mean everything you can imagine

Anything that's got wheels and a motor

we sold Did you auctioneer did you Did

you translate your uh your chant into

Mandarin no Mandrin's in China Oh okay

Uh they He's not good with geography at

all He's not good with words I'm not

good with geography right yeah we uh No

that most of those guys speak English

over there so it was pretty easy

actually But uh you know your bid

catcher So how'd you get into that uh

there's a gentleman from Great Falls his

name's Kelly Fischer He's done those

equipment auctions forever and uh they

were looking for a younger guy to get

into it and needed me to fill in a

couple sales and uh just started doing

it and and uh kind of things started

working out better over here than than

it was over there So I kind of pursued

this So I think about that like whenever

I was 19 years old I'm like trying to

figure out I was I was in probably

Stevenville going to city limits and not

necessarily focused on anything else

He's going to South Asia and selling

ambulances Yeah And here we are and Yeah

Mhm So what's when you were 22 were you

were in the you grew up in the business

didn't you and did you No you didn't

When did you get what age did you kind

of start so I mean I so I went to

college at Texas Tech and like after I

got done there went to graduate school

and so I would have been 20 probably 24

or something and I went to work for

Cargill and actually um like I've bought

cattle from that year dad had fed or

whatever but I lived in Torington

Wyoming Oh okay Uh for a few years

buying fat cattle and so like mine has

all been like just through different

people that have given me experiences or

given me opportunities to do it So yeah

I'd have been like this 25year-old that

didn't know anything about cattle

feeding for the most part or feed yards

cuz I grew up down the road from here

and there's not really any industrial a

in around Fort Worth Texas anymore Right

Right So um but but to your point like

there's guys that I think about like

there's a feed yard Um when I moved to

to torington and I bought cattle for 18

months or so but you're really just

going through the motions of going "Okay

I'm looking at these cattle I think

they're okay I'm going to buy them from

this guy What's my and and Cargill would

give you the order to buy cattle You

just buy cattle and hope they worked

out." Help me learn And so um so then

I've learned through those people and

just trusting them and then so I would

treat him right on buying cattle and

then you know learn throughout the way

So then I'd learn where are these cattle

from who had them what are they or they

set of yearlings are they a set of

calves because then the result was way

different each and every time So So you

I it sounds like you would agree in in

my statement that you have to have

people to help you 100,000%

And and a lot of times I bet I bet you

didn't always you know knock a home run

on those Cali B I bet you made plenty of

mistakes that Absolutely They called us

a million-dollar babies right like you

they you made your mistakes along the

way Now and I say this all the time I've

got younger guys that work for us now

that you know at Blue Reef and it's like

man whenever you they you bring those

guys on board or whoever that is you're

like it's okay to make it's okay to be

wrong Um it's not okay to just

continuously stay wrong right so you got

to learn from it and adapt and move on

Um and so I mean like it's funny because

I think through all this AI that we're

in today and you know like these

different you know AI platforms chat GPT

whatever that is and a lot of these

people listening to us don't know what

that is but there's going to replace

people's some people right Oh yeah And

the people that try to adapt and learn

it's not going to replace them That's

kind of Have you seen some of the stuff

on that AI it's kind of scary It's a

little bit a little bit nerve-racking

Yeah The video stuff is what scares me

more than anything you know cuz you can

make people believe fake and everything

Oh yeah Make it really believable Yeah

So

yeah No I I would say that's uh I mean

I'm I'm young but I can say that with

confidence that like you got to

especially in this industry you got to

have somebody and and

it's you can do it on your own but you'd

have to really bust your butt You know

you you got to tie yourself to some

really good industry leaders and people

that have been in it for a while And

that was what's so fortunate about me

was I was lucky and fortunate enough my

dad stuck me in front of a lot of really

really knowledgeable people in this

industry And you know they can put you

in a place but it's your your duty to

learn it They're not going to just force

feed you And you got to grab on their

coattails and kind of learn as you go

And you know I was I mean I I told him

this all it took me a little while to

figure it out but I told him all the

time before he passed that how grateful

we me and my brother were of of the

positions he put us in and the people he

put us around And uh I mean it's just

that some of that's just priceless You

can't put a figure on it So you got to

have a mentor I've talked about that at

length about this industry is really

really short on the world is short on

talent right because it's pretty easy

just to go through life and not really

push harder Yeah And it's the people

that want to push harder and do things

that kind of excel And so um I think

that it's it's you wanting more It's

your family uh that gives you the

ability or the enabler to do that But

man if anybody wants to be part of this

industry honestly there might be some

14-year-old boy that wants to be you

someday Yeah And then it's going to be

how you how you react If somebody

reaches out to you and goes "Hey I want

to really do that I mean more than

likely you're going to go "Hey I'll take

you under my wing or whatever." Right

Well that was a the first impression

means a lot to me And when I the first

time we sit down I seen more I seen five

years 10 years down the road with him

more of a

leader and a and a go-getter like we all

were when we was that age that okay you

you can tell he's going to work and he's

not going to He's 10 years ahead of

where I was Oh that's what I'm talking

about No doubt I mean yeah Now now that

I know him I'm thinking boy turned into

a charity case real fast Well what what

do we do here but um some days I wonder

but uh anyways no it's it's it's pretty

you know I think that that's a that's a

hard part too about our business and I'm

I might have trouble wording this

correctly but I think like as a young

guy going in like you didn't grow up in

it at all You just were like I want to

go in You My dad trained thoroughbred

raceh horses Yeah So you have I mean if

you're going to get into it you have to

work You have to be at the bottom of the

totem pole for a while and it's hard

work and it sucks So if you don't really

like it to be able to work your way up

that totem pole is I think that's where

it gets most people You know you know

young kids might be like "Oh I want to

try it." And then they're like "Oh this

sucks." You know they're working pin

back or you know 30 below And you got to

do it It's part of paint troughs and

water troughs Yeah But you got to like

it You got to enjoy it And if you don't

enjoy it it's it's so much work and it's

so demanding that it's you know you're

you're much better off to go do

something else if you don't like it you

know Don't you think i know I agree 100%

I just you got to love it to be in it

And yeah I think this industry like when

I I think back to whenever I was like

you know a sophomore in college and I

wanted to go I knew I wanted to go to

the meat industry Uh I don't know what I

didn't know what I wanted to do Um but I

knew I wanted to go into the into that

industry into what capa you know

capacity I didn't know it was I did not

know I mean if you would have told me

when I was in in the middle of school

that I was going to be managing risk for

feed yards

um or cattle feeders I would have that

would have never even crossed my mind I

just knew that I needed to go get a job

right and so the the thing that allowed

me to move into all these different

things um is what any job that I had I

don't care if I was working on the kill

floor in Pasco Washington as an intern I

met the guy that was you know wheezing

rotting the cattle whether he was a line

worker or the guy that was managing the

plant and really just really wanted to

understand the people and how they got

to where they're at Um and then over

time what's weird I was having a

conference call yesterday

uh with a producer of mine and you know

just talking about the meat business and

then all these people this network of

people that just have come across you

know in different things um because I

was able to take the time and just learn

from And I was it wasn't like I was just

intentionally trying to network You like

try to learn the people then you build

the network and that's a byproduct of

learning the people right oh yeah Um and

then it's like funny when we were

sitting there talking about uh it didn't

it took me like 10 minutes into this

podcast to realize that you're Tai's son

and I've never met him before Aren't you

supposed to research your guest before

you now that's the best part about the

best part about because then it allows

us to not have anything like canned

right and it allows me personally but

what's I it just hit me and like I've

never met him before but like just

through relationships I've bought the I

bought the guy's cattle and there's been

lots of different I mean I can probably

rattle off 10 names of people that

associate and there's just like this a

little bit of degree of separation there

But um no it's just that's my favorite

part of this business is you sit down

there and you go "Man I knew this guy

and did this or and I had been in the

industry terribly long You know 15 16 18

years something like that." But

that's my favorite part Ty Ty's been in

it a long time That's all that gray hair

and that beard Hey look he was not going

to pick on me I think he just from the

front of that beard I think I He ruined

that when I walked in the doors this

morning

Well you know you got to give you a hard

time or you'd think you'll make you'll

start thinking we like you So um

anything else we want to talk about i

mean you got want to kind of talk about

Never mind I'm not going to bring that

up So I'm just going to turn back to the

camera Um we good we got anything else

we want to discuss i got tons of stuff I

want to talk about No market's on fire

It just continuously gets on fire and

and I I'm telling you it's it the

market's so high now that you're

starting to get people that are like

even the people selling cattle that

going "Man maybe this thing needs to

back off just a little bit." Uh but we

just continue to uh escalate the market

uh leaps and bounds and kind of new

highs every week Well everybody called

for a high the last time and they called

for a high the last time and it just

keeps going higher Um there there's a

new packing plant that just started up

sustainable beef there in North Plat I

don't know how many cattle they killed

The one that Cassie you know they they

killed 80 head that first deal I don't

know how they're running I haven't

really heard but um it just shows that

uh the dynamics in the industry just

continue to shift Numbers remain

extremely tight Um I was talking a

minute ago with a guy and it's just

interesting how much rain we've gotten

across the country My goodness So we've

got feed that's really cheap We have

grass that's very plentiful And so uh

there's lots of incentive to hold on to

cattle and make them big whether you're

in a feed yard or out on grass And so

that's just going to keep cattle off of

the market for sure So um with all that

we got to continue to manage You know

any any risk management that a guy's

done is I mean in his mind maybe not

paid off Yeah Uh but we now that we've

gotten these levels we got to be

extremely careful was talking to a guy

this morning about that risk management

and he was you know he said it it it's

tough right now to doing it but it's a

must because this could take if

something does happen I mean this could

take generations away So we got to be

careful and manage it as we go Oh it's

insane I mean we we advance the market

you know in the north 30 bucks in like a

very very short period of time And and

so the the thing that I was thinking of

the other day is like in 2020 let's just

say even before COVID and all that other

stuff the market would would range

between $1 and 130 Okay So $1 on fats

130 on $1 to1 130 Yeah Um feeders were

sub two bucks

Um

there's guys that hedged feeder cattle

this fall at 250 and now the market's

sitting at 310 That's a $60 rally We've

taken cattle and more than doubled them

uh over that I was looking at a monthly

chart Uh Scott and I were going over

this yesterday and for the last four

years we've only had two monthly

setbacks The rest of the time the

market's just advanced and gotten higher

So

that's all great and that's fun and it's

exciting and it's you know you're

sitting and going man this is all you

know all that stuff But what we want to

make sure is people don't just get

caught off guard if this thing does

correct or this is no this is not the

stock market This is a commodity um we

will overproduce this commodity at some

point because now a guy that had a

hundred cows couldn't pay couldn't pay

his bills you know four years ago and

now a guy with a 100 cows is a wealthy

guy right and you could pay for land and

do different things you know and so

maybe that's the way it should be but

that's not the way it's typically been

in this industry

Well speaking of how high the market is

today at 13:30 we have a sale We got

right at 9,000 Catalon Uh it's on RFDTV

and uh live-ag.com

So if you're in the market to buy a few

uh we will have a international champion

auctioneer starting us off today and

then a world champion auctioneer

finishing up today Well X world his

reigns over formerly known as world

champion auctioneer So uh we also want

to invite you throughout the summer We

got some sales coming up June 26 26 I'm

I got trouble with words too made June

26th we'll be at the Formstead Inn in

Ship Shawana Indiana That deadline is

June 17th Uh July 24th we'll be at the

Hilton Garden in in Boise Idaho That

deadline is July 15th And August 14th

we'll be at the Hangar in Casper Wyoming

That deadline is August 5th So if you

want to consign to those cattle go to

live-ag.com look up one of your local

reps uh get with them and we'll we'll

get you consigned up and get your cattle

marketed for you Um thank everybody on

social media for joining in and watching

the podcast and supporting the We Live

It podcast and live a uh just thank

Casey and Jace for being on here today

Um I know we give Jace a hard time but

he is a really good young man and comes

from an awesome family So want to thank

you for joining us and trusting us and

being part of the team So thank you Um

once again hit subscribe and like I

better add that in there for Katie so

she don't shoot me So hit that Well they

got you trained up on this social media

stuff They do I mean Katie she's kind of

been whooping me for a little while on

this So hit subscribe hit like and once

again thank y'all God bless

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