Demand is leading the charge in livestock markets, says Naomi Blohm of Stewart-Peterson.
Without a surge of beef moving off shelves in the retail sector, prices will have a hard time rebounding in 2017.
Cattle producers capture value from pasture to plate.
There’s a close relationship between the two markets, explains Mark Gold, Top Third Ag Marketing. Meanwhile, hog producers should look to buy puts if prices continue to climb on demand from China.
A softer dollar, stronger economy and grilling season could improve beef demand.
Consumers are using their leftover gasoline money at the grocery counter, says Matt Bennett, Bennett Consulting.
Don't get trapped amid the falling knives and bouncy balls of price action, says Bryan Doherty, Stewart-Peterson.
The industry is experiencing enormous volatility, and producers need to be prepared for the months ahead.
Although U.S. beef demand could set records, cattle producers are sitting back as prices bounce around.