Cattle producers all along the supply chain now have access to a new, free market prices app based on historical Canfax data. Using Canadian pricing and continually updating with new pricing information, the CanFax CFX Pro mobile app is applicable and useful for all Canadian cattle producers, says Brian Perillat, with Canfax.
Developed with industry funding, the free app offers producers insights into how markets changes may impact their bottom line in regards to future price movements and includes updates to cattle price insurance tables automatically. For those looking to purchase cattle, the app also features a breakeven calculator for backgrouding or finishing markets.
Available for download for the iPhone and BlackBerry platforms, Perillat says app versions for BB10 or Android may be developed in the future.
Shaun Haney, founder of RealAgriculture, interviewed Perillat to get all the details on the app, how it works and how producers may find it most valuable for their specific cattle operation.
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