CattleFax Cattle Market Outlook with Duane Lenz at NCBA 2012

This years NCBA conference saw a more positive outlook from producers and industry members than there has been for a while. That outlook comes with some qualifiers as well as some questions that have to be answered as we look ahead to the rest of 2012. I spoke to Duane Lenz of CattleFax about the current market situation and asked a number of questions.

– Will prices hold? Will the market support expensive beef and are we competitive from that standpoint?
– Will feeder cattle prices go higher? Will the tight supply that brought us here, tighten further because of drought carryover problems?
– Given the 60 year low in the size of the cattle herd, how do we grow?
– With the amount of risk in the market, will lenders continue to provide financing for producers?

If you cannot see the embedded video below click here.

 

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

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