Beef Market Update – Are We Too Bullish in 2011? – Anne Dunford

It is really hard to find analysts, feeders and ranchers that are bearish on this cattle market. The industry as a whole is pretty bullish in comparison to prior years and especially in comparison to two years ago.  Everyone is bullish prices in 2011 but are they bullish margins and if they are not, should they.  Corn is surging higher but cattle prices have basically kept step.  I know that many of the ranchers and feeders I talk to are encouraged by the apparent opportunity to make money this year if you are savvy and timely.

In this weeks episode of the Beef Market Update, I talked to Anne Dunford at the Tiffin Conference in Lethbridge about the direction of the cattle market in 2011 and who is going to benefit most from it.

SEE OTHER BEEF MARKET UPDATES

If you cannot see the below embedded video, click here

 

Shaun Haney

Shaun Haney is the founder of RealAgriculture.com. He creates content regularly and hosts RealAg Radio on Rural Radio 147 every weekday at 4:30 PM est. @shaunhaney

Trending

Wheat prices jump into August — This week in the grain markets

This week, winter wheat prices touched a three-year high, but it didn’t last. Chicago SRW wheat prices for September 2018 gained 5 per cent or about 26 cents US/bushel to close at $5.56. While the December 2018 contract was up 5.4 percent — or nearly 30 cents — to finish a tad under $5.80. In…Read more »

Related

One Comment

wayne

If the cow calf operations don’t get a lift this coming year there will be a further decrease in the cowherd and more grass will be broke up by people who think there is more money in tilling the land instead of leaving it where it should be “in grass”.

Reply

Leave a Reply

 

This site uses Akismet to reduce spam. Learn how your comment data is processed.