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Topic
Inside Profitability: Pricing Calves in an Uncertain Market
Description
Many ranch operations are in the midst of spring calving. Ranchers, besides managing for the health and welfare of their herd, need to consider marketing and pricing alternatives for spring born calves. Current volatile markets, rising feed costs, and lingering drought conditions will bring production challenges this year. Matching market conditions to appropriate marketing practices will be particularly important to improve operation returns.
Nebraska Farm Bureau’s Inside Profitability Series webinar will focus on marketing and pricing spring born calves. The webinar will explore strategies ranchers can use to reduce risk and achieve profitable outcomes.
Moderator: Jay Rempe, senior economist, NEFB
Speakers
Elliott Dennis, Assistant Professor, Dept. of Agricultural Economics, University of Nebraska - Lincoln
Jay Parsons, Professor, Dept. of Agricultural Economics, University of Nebraska - Lincoln
Participants will:
• Get to know the factors affecting cattle markets this production year.
• Learn about tools to manage price risk like Livestock Risk Protection (LRP) insurance or futures and options.
• Hear about the impact of high-priced corn on feeder cattle demand from feedlots.
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