Cow-calf producers are in the driver’s seat now because of high demand for calves from feedlots and processors as calf crops shrink. That provides opportunities as well as challenges.  |  File photo

Beef producers have risk management options

Weather, feed availability and trade barriers affect markets, making it important to understand what tools are available

Glacier FarmMedia – Cattle prices remain strong in Canada and look to stay that way in 2024. However, the market can change quickly, as producers saw in March when avian influenza was first detected in U.S. dairy cattle. Introduction of risk in a red-hot market affected prices and price insurance. That may have cattle producers […] Read more

Feedlots use feed conversion rates to improve profit margins.  |  Janelle Rudolph photo

Producers can harness their beef market power

An agribusiness expert warns that cattle marketing must be about more than just selling calves to the highest bidder

Glacier FarmMedia – Any supplier should know their product inside and out. That includes cattle producers, says Brian Perillat, agribusiness specialist with More Than Just Feed, a group of feed and nutrition companies geared for the beef and dairy sector. Beef prices are still enjoying highs mid-way through 2024. “It’s good dollars in our pockets,” […] Read more

It’s still unknown if fears around bovine influenza will affect demand, however an industry analysis said livestock producers should consider locking in a profit now through price insurance coverage.  |  File photo

Bovine flu a reminder of risk management in markets

While recent price drops have limited options, cow-calf producers can still lock in a profit, says market analyst

Glacier FarmMedia – The fundamentals still look strong for cattle prices, despite recent hiccups in the futures market, says a market analyst, but for those buying stockers, a little risk management can go a long way. The bovine influenza A virus has infected one person so far but the risk to people and cattle seems […] Read more