It’s a refrain you can’t really ever tire of if you’re a cattle producer — cattle prices are up across the board, with no immediate end in sight.
That’s not to say there isn’t downside risk in this bull market (pardon the pun), but supply, demand, export markets and more are all colliding to support these lofty prices, says Anne Wasko, of Gateway Livestock Marketing, in this early summer edition of the Beef Market Update.
In this edition of the BMU, Real Agriculture’s editor Lyndsey Smith and Wasko talk last week’s cattle price highs, where the support is coming from, how to manage downside risk and what key piece of information we’re waiting on regarding mCOOL.
Listen here, if you can’t see the embedded player.
The post Beef Market Update: Several Factors Pushing Cattle Prices to New Highs appeared first on Real Agriculture.