– Matthew A. Diersen, Professor, Department of Economics, South Dakota State University
Seasonally, this is a time of year when the cash price for calves finishes its increasing pattern. The summer sales volume tends to be low and prices tend to be more volatile. In recent weeks the price level has risen back to near $300 per cwt, just shy of last fall’s record price level. What will the fall bring in terms of prices? For that, one can look at the forward contract market or at the futures market. With an idea about the expected value, cow-calf producers and feedlots can evaluate the current market offerings and decide among Continue reading Forward Contracting Calves