Success StoryCattle Market Update and Managment Decisions
Cattle Market Update and Managment Decisions
Author: Beau Neal
Planning Unit: Woodford County CES
Major Program: Beef
Plan of Work: Sustainable Agriculture
Outcome: Intermediate Outcome
The cattle market has been on a very bullish run in the past year, and cattle prices are at record highs. While it has improved optimism, producers have also becoming cautious and anxious about what decisions to make moving forward in what could be a volatile market.
36 cattle producers from Woodford County attended a program discussing just this topic on March 28th. Dr. Kenny Burdine covered the current market, what it is projected to do, and management decisions that could benefit farmers in the coming year. He also discussed risk management strategies that could "protect" their investment in cattle.
Producers have expressed to me that management decisions are already being made for this year based on what they heard at this program!
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