Barley is bumping off of $200, corn is $7.00 per bushel and dressed cattle prices are just under $200. What is going on here? With inputs and cattle prices both in bull runs it is easy to get caught up in the assumption that this will last forever. As the old saying goes, what goes up must come down but the question is whether this market has some more run in it before the summer blues.
In this weeks episode of the Beef Market Update with Anne Dunford, we discuss the following:
- Can we push through $200 in the dressed market?
- Who is going to buy this expensive beef once it hits the grocery store?
- Anne heard the CEO of Cargill speak this week in Calgary so she enlightens us on Cargill’s thoughts on this market
- A early peak into what the summer market may bring with the significant highs reached this spring
SEE OTHER EPISODES OF THE BEEF MARKET UPDATE
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