from: thebeefsite.com
“John Lawrence, Iowa Beef Center director, and Shane Ellis, ISU Extension livestock economist, spearheaded the development of the Cattle “Crush Margin” tool, now available online. This forecasting resource projects the gross margins of fed cattle that will be marketed over the next 16 months. The projections are based on futures prices and the historic Iowa basis for live cattle, feeder cattle and corn.
“During the past three years, livestock producers have faced dramatic volatility in the livestock and feed prices,” Mr Ellis said. “This new resource emphasizes the importance of establishing a profitable gross margin rather than focusing only on maximised revenues.”
Tags: Beef, feed prices, Iowa Beef Center, live cattle, marketing, meat prices
