2012 is winding down, but optimism and fed cattle prices are up. Heading into to 2013, the Canadian beef cattle industry looks strong, although high feed prices are still weighing on the market. Our American friends are still struggling with a drought that isn’t resolving quickly, which may offer some support to prices in the new year.
In this episode of the Beef Market Update, Anne Dunford offers her thoughts on what the 2013 cattle market may look like, what direction the size of the cow herd is headed and how and when producers may want to lock in or protect profits.
If you cannot see the embedded video, click here.