Fat Tuesday | Where Experience Meets Cattle Trading

www.agbull.com

We're launching a new podcast called "Fat Tuesday" featuring Mike Sands from Nesvik Trading Group, focusing on the unprecedented volatility in cattle markets. The timing couldn't be better as cattle prices reach new highs followed by sharp declines, creating a dynamic environment that demands experienced analysis.

• Mike Sands brings 25+ years of experience from Informa and Sparks Companies
• Mike previously worked as an extension marketing economist in Indiana, Kansas, and Colorado
• The show will provide a "36,000-foot view" of cattle and feeder cattle markets
• Each episode will feature 3-7 PowerPoint slides and live market quotes
• Current cattle market volatility necessitates stronger risk management strategies
• The podcast responds to audience requests for specialized cattle market coverage

Join us weekly as we navigate these historic cattle markets with the expertise that only comes from decades of experience.

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Thank you, Tommy G

Episode Transcript

Speaker 1 (00:10):
hey everyone.

Speaker 2 (00:14):
Tom grasafi, agbo media, agbo trading.
We got a new show.
That's right.
A new show we're super excitedto tell you about.
It is called Fat Tuesday an AgBowl podcast presentation with
Mr Mike Sands.
Mike Sands is a friend of minefrom the Nesvik Trading Group.
Mike calls himself MBS and withthat he is down at the Nesvik

(00:36):
Trading Group office in Memphis.
Often, as you know, I'm inNashville, but what we wanted to
do is bring in Mike to the show.
Mike, welcome to the show.
We got everyone on here,everyone who's watching,
everyone who's listening.
Tell us a little about yourself, my friend.

Speaker 1 (00:50):
Thank you, tommy.
It's certainly a pleasure to behere.
I look forward to participatingon a little bit more regular
basis as we move forward.
Looking at my career over thelast few years, I've spent about
seven or eight years nowworking pretty closely with the
great folks here at NesvikConsulting Group, along with a

(01:15):
number of other consultingclients.
Prior to that I spent about 25years with Informa and before
that, sparks Companies, and then, going back even a little bit
further than that, spent anumber of years in Indiana,
kansas and Colorado as anextension marketing economist.

Speaker 2 (01:41):
Excellent and, as you know, because you host the call
, you guys do a call everymorning I've learned so much.
I want to thank you.
What we want to try to do isgive people a little taste of
what that's like.
We're going to do a weekly show.
We have the ability to pull upcharts and graphs.
I'll have live quotes up.
You will have your.

(02:07):
I think you'll typically bringthree to five, maybe five to
seven, powerpoint presentationand really give that 36,000 foot
view of what's going on incattle and feeder cattle.
I love the title Fat Tuesday,and with that I have never,
never in my.
I started the board of trade in1990.
I have never seen such adynamic market and it seems like
we've been saying that with alot of markets, whether it be
cocoa or coffee or somethingelse.
Have you ever seen anythinglike this, mike?

Speaker 1 (02:27):
No, the cattle market over the last couple of years,
and even more recently than that, just the last few weeks, has
been pretty dramatic.
There have obviously been asuccession of new highs in terms
of price levels, both in cashand futures, and we have had
some periodic pretty sharpdeclines as well.

(02:49):
So highly volatile certainlyincreases the necessity, I think
, for risk management as we goforward in this kind of an
environment.

Speaker 2 (03:01):
Absolutely All right.
Everyone.
We've been visiting with MikeSance.
He's my friend and associateover at Nesvik Trading Group.
We thank the good folks atNesvik for sponsoring this show.
We're going to do it Well.
It's called Fat Tuesday.
I don't know if we'll do itevery Tuesday.
Sometimes the markets haveother plans for us.
But with that I think you'llenjoy the show.
I know so many of my clientsand folks over at Ag Bull Media

(03:21):
have been saying can you get acattle guy?
I'm like, actually I haveseveral friends who are in the
cattle business who arewonderful, and that is the
introduction to Mr Mike Sands.
He brings a wealth of knowledge.
I tell you I don't thinkthere's any and I'll let you get
the last word in.
I don't think there's any 25year old kids who could really
explain people what's going onin the cattle market, and that's

(03:41):
not a put down to 25 year oldkids, but the experience costs a
lot to go to school, doesn'tmike?

Speaker 1 (03:48):
well.
Hopefully the tuition that I'vepaid over the years in terms of
experience will be beneficialto our listeners I like the way
you finished that I set you up.

Speaker 2 (03:58):
Good, mr mike sands new podcast called fat tuesday.
See you next Tuesday, everyone.