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Market Watch: September 2000 | |
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From the Sept 1, 2000 Issue of AgriProfit$ | |
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Cattle markets have posted some lofty gains thus far. With the fall run kicking into high gear prices have come under some pressure lately. For the moment tight feeder supplies and low feed costs seem to be offsetting the feedyard manager's desire to restore operating margins. The downside looks to be about 15-20% off the August peaks, somewhere in the $1.40 to $1.50 per pound range. Keep in mind you don't have to move your calves now to get them sold! A little marketing this fall can go a long way.
One of the hardest decisions this fall will be deciding what to do with heifer calves -- do you hold them back in hopes of enough good years ahead, or sell them now? Either way, leaving a nickel on the table today may seem like a small amount in relative terms, but producers should try to ensure they get the most out of these good times. |
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For more information about the content of this document, contact Dale Kaliel.
This document is maintained by Gail Atkinson.
This information published to the web on September 1, 2000.
Last Reviewed/Revised on August 18, 2004.
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