Tread Carefully in Today's Cattle Business

I was invited by the High River Feeder Association to speak at their annual meeting last night. The meal was great and the people were very welcoming. I spoke to the fact that the beef business is under attack.

No more than ever have we had to deal with such volatility and impactful variables. When there is one major threat to your business you have a chance to mitigate the threat. Today what we face is a massive influx of threats, many of which are our of our control as single operations. A tightening credit market, recession, market volatility, fragmented supply chain, and COOL are all factors changing the landscape of the feeding business in the short and long term. The 50 people in the room last night in High River were concerned about their future in the cattle business and you should be to.

I recommend that everyone tread very carefully and stay away from trying to hit home runs because this environment does not allow for hit.

 

Shaun Haney

Shaun grew up on a family seed farm in Southern Alberta. Haney Farms produces, conditions and retails wheat, barley, canola and corn seed. Shaun Haney is the founder of RealAgriculture.com. @shaunhaney

Trending

Finally, The Right Kind of “Agvocacy”

I'm no psychologist, psychiatrist or sociologist, but I understand from discussions with experts that as social creatures, humans are prone to experiencing "group mentality." Quite simply: we are easily influenced by the thoughts and actions of our associates. We also tend to associate with like-minded individuals, who reinforce our biases. It is my concern that…Read more ยป

Related

Leave a Reply