Still Have Your Calves? CattleFax Says “Hold On!”

by November 13, 2012

November 13, 2012

Are you still holding on to 2012 calves with no signed contract? You’re not alone and, according to CattleFax, you could be in the money!

Duane Lenz, a market analyst with CattleFax since 1989, explained to us Tuesday where they expect the cattle market to go in the near term.

If you have the feed or can get it at a decent price, Duane said that it might be a good strategy to hold onto these calves into 2013.

Speaking of 2013, he had some marketing advice for next year’s calf crop as well. He said a lot depends on corn and drought.

For over 40 years, CattleFax's focus has been information on, by, and for the beef industry. They are the global leader in beef industry research, analysis, and information. Find out more at their website, www.CattleFax.com.

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