Cow Cash

Rancher and writer talks about counting cows for cash during tough times

On Oct, 21 Canfax (cattle/market/publication) reported that cattle prices have recovered to the point where this week’s prices for the average Alberta stocker/feeder cattle were the highest since October 2001. Doesn’t that just warm the cockles of your heart, cattlemen/women?

Province-wide, cattle producers are scurrying into financial institutions to deposit fall-sales receipts — just in case the high number was an error, subject to pay-back!

whoo-hoo, (yes, lower case letters) —  cause for a slightly subdued hurrah!

Will it last? If I knew the correct answer to that query I could tear up my Lotto-Max ticket (prior to the draw date) without a qualm!

So, while regaining lost ground and hitting the 2001-benchmark has been helpful, it doesn’t grant the industry a clean bill of health because our costs of production have not receded reciprocally by decreasing to 2001 levels.

In ranch-vernacular, inflation is sometimes calculated in cows.

For example, many years ago when I purchased my first (long wished for) high-end camera, my husband dutifully admired it as I pushed all the buttons and chortled over its wondrous features.

Then my cowboy-rancher husband observed that the camera actually cost “five cows” (in the mid/late 1980s).

After we married in 1978, we purchased a new fridge, kitchen range and large freezer — the cost was three cows.

During the worst of the BSE years, the market was so depressed that the camera price would have risen to 10 cows, the appliance cost to about six cows, while the new digital camera I purchased this past July would have cost only four cows.

So, with just a glance around her home, any ranch woman whose husband counts cash in cows, can quickly give you the approximate value of a beef-cow in any given year, which will provide an accurate picture of the historic fluctuations in the cattle market.

*Liz Twan is a local rancher and freelance columnist for the Williams Lake Tribune/Black Press.

 

 

Just Posted

Update: Park pipeline protesters say arrest is a ‘declaration of war’

Led by Kanahus Manuel, the Tiny House Warriors moved into park in Clearwater last week

Police investigating more racist slogans on First Nations signs

Police are investigating racist graffiti being posted on First Nations signs in the Kamloops area

Update: Kamloops wildfire now mapped at 500 hectares

Firefighters worked overnight on what was a fast-growing wildfire east of Kamloops.

France doubles up Croatia 4-2 to win World Cup

Played in Moscow Russia, latest Fifa World Cup marks the highest scoring final since 1966

Extreme mountain trail course opens for business in North Thompson Valley

By Jaime Polmateer / The Times Clearwater’s Smokin’ True Ranch held the… Continue reading

VIDEO: Visual recap of Vancouver Island MusicFest

Walk Off The Earth, Passenger, Arlo Guthrie among highlights

Temperature records break across southern B.C. as heat continues

Whistler broke a 70-year-old record high of 32.2 C with a temperature of 32.9 C

Hawaii volcano boat tours continue after ‘lava bomb’ injuries

“An explosion occurred near the shoreline hurling hot lava rocks towards the boat and injuring several passengers.”

Trump returns from summit with Putin to forceful criticism

“Shameful,” ”disgraceful,” ”weak,” were a few of the comments. Makes the U.S. “look like a pushover,” said GOP Sen. Bob Corker of Tennessee.

Obama to deliver Mandela address in likely rebuke to Trump

Former U.S. President Barack Obama Monday praised Kenya’s president and opposition leader for working together but said this East African country must do more to end corruption.

Trudeau asks transport minister to tackle Greyhound’s western pullout

Prime Minister Justin Trudeau says he’s asked Transport Minister Marc Garneau to find solutions in Greyhound Canada’s absence.

Missing B.C. Serval cat creates buzz online, pleas for help

Aquila, an African Serval, disappeared from a Fernie, B.C. backyard sometime on Friday, July 13.

Trudeau’s youth council divided over Trans Mountain pipeline purchase

A letter signed by 16 past and present members was made public today, asking the federal government to reverse course

Hulk Hogan reinstated into wrestling Hall of Fame

Hogan had used racial slurs caught on video when talking about his daughter sleeping with a black man

Most Read