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January 1, 2002
Hedging & Options
Managing for
Today’s Cattle Market
and Beyond
Hedging … bought or sold in the cash
market. In these situations producers … forward
contract in the cash market to establish sale or
purchase …
March 4, 2022
Recent Videos
reserved.
Launch Your Preharvest Marketing Plan
Developed by Ed Uss … What a year to be talking preharvest marketing plans.
Copyright © 2017 … reserved.
Launch Your Preharvest Marketing Plan
1. Examined the Key …
2021 Mini-Risk and Profit Conference Presentations
Twitter: @TonsorGlynn
BEEF-CATTLE OUTLOOK
https://www.agmanager.info/events/risk‐and‐profit‐conference
Quarterly Forecasts … LMIC: 12/9/20)
2020 Per Capita Consumption: +0.9%!
Q1: +5.5%Q2: ‐8.3%Q3: +6.8%Q4: ‐0.2%
Trade continues smoothing role:(compare Domestic Production & Domestic PC Cons by quarter)
Also see: https://www.agmanager.info/livestock‐meat/marketing‐extension‐bulletins/trade‐and‐demand/overview‐us‐beef‐production‐export …
March 24, 2021
COSTS
Total Cash Cost Plus Pasture Rent, Annual
Data Source: USDA & LMIC, Compiled by LMIC
Livestock Marketing Information Center
02/10/21
Profit driven by
more than just
sales prices….
Agricultural … Cattle Inventory Jan 1
C-P-67
02/10/21
Data Source: USDA‐AMS & USDA‐NASS, Compiled and Analysis by LMIC
Livestock Marketing Information Center
Agricultural …
September 25, 2014
accordingly
Overarching Beef Industry
Economic Outlook
• Supplies
– Continued … Analysis by LMIC
Livestock Marketing Information Center
C-P-49A09/22/14
120
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320
JAN … Analysis by LMIC
Livestock Marketing Information Center
C-P-4909/22/14
100
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240
JAN …
March 1, 2023
Issues Underpin Fed Cattle Market
Realities…
0.20 0.19 … Source: USDA-AMS
Livestock Marketing Information Center 2/23/23
0%
10%
20%
30%
40%
50%
60%
70%
80%
2014 … Source: USDA-AMS
Livestock Marketing Information Center 2/23/23
0%
10%
20%
30%
40%
50%
60%
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90%
2014 …
August 25, 2015
University
www.agmanager.info
Overarching Beef Industry
Economic Outlook
• Supplies
– Historically … Analysis by LMIC
Livestock Marketing Information Center
Beef … Analysis by LMIC
Livestock Marketing Information Center
G-NP-3008/17/15
C-P-6608/05/15
-100
0
100
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500
1986 …
November 1, 2012
2012
1
www.agmanager.info
Economic Outlook Overview:
Cow-Calf Sector
• … regional drought magnified market impact compared to 2011
• … 10/31/12
http://www.agmanager.info/livestock/marketing/graphs/cattle/prices/default.asp
ESTIMATED …
March 30, 2012
University
1
Economic Outlook Overview:
Cattle
• … Under 1,000 hd/yards exiting; marketings down
21% in 2011
• … capacity issue…
Economic Outlook Overview:
Hogs
• …
February 8, 2019
ratio, pitches per batter.
Moneyball: Valuing Pitchers
K‐State Dept. of Agricultural Economics
K‐State Dept. of Agricultural Economics
• In “Moneyball”, market inefficiencies existed: high‐priced players did not have some of the most important statistics; those with some of the most important stats were low‐priced. • …