Risk management is the new reality of every feed yard owner and livestock producer. Forward buying your feed barley or corn can really pay off in a rising market. Its just too bad that it is so difficult to try and decipher which direction this market is heading in the next 120 days.
At Canada’s Farm Progress Show in Regina we talked to Farms.com market analyst Moe Agostino about the strategy that feedyard owners may want to employ in this volatile market. We discussed the current highs, the impact of harvest on fall pricing and what options livestock producers have to manage their risk in this environment.
If you cannot see the embedded video below click here.