Beef Market Update – A Complicated Market & Potentially Ugly Summer

This edition of the Beef Market Update is…….complicated. Let’s start with the things we expected. We knew those summer lows were coming and we knew that risk management would be extremely valuable to producers in this volatile market. We even expected a little bit of the unexpected, i.e. a recent case of BSE in California. What we didn’t know was how the current market environment would play out in producer and packer behaviour and how their decisions coupled with weather, demand issues and competition from other areas would affect those projected Fall highs. Complicated, yes. So where does that leave us for our seasonal market swings? Are we still current?

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In this episode of the Beef Market Update, Anne and Shaun talk about the complicated market situation, the tangible effect that has had and if we’re still on track for those fall highs.

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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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