00:00Oh, I mean, you know, look, just with the, you know, with the conflict that's going on right now, I
00:04mean, fertilizer prices are through the roof.
00:07And fertilizer prices, you don't think can affect a rancher, and they don't so much in the aspect of ranchers
00:16that run cows on native country, which is grass that's native grown here, and those cows just run in big
00:23open areas.
00:24But a lot of these cows are being raised on what you call improved grasses.
00:30And so improved grasses require, you know, for input costs of your fertilizer to get the maximum growth on that
00:38and the maximum quality of that grass, you're going to have to fertilize.
00:41We all, for a crude way of putting it, we all suck off the oil tin.
00:46And so when the oil prices are up and the oil industry is making money, we all make money because
00:51that trickles down into the shops in town.
00:54That trickles down into the cars that sell.
00:57That trickles into the land that sells.
00:59When there's excess money being made in the oil business, they funnel it into the agriculture world because you can
01:05tie up a lot of money in agriculture.
01:07So you're not worried about higher costs for animal feed?
01:11Oh, absolutely.
01:13Your input costs go up.
01:14So, I mean, if you're not, if you're not able to tap into the benefits of the oil money flowing,
01:21you're just suffering the cost of, of your increased input cost, which is, you know, like I said, feed, fertilizer.
01:33So, I'll see you later.
