Video: Examining Risk Management and the Current Cattle Market Picture
Extreme swings in the cattle markets can test even the most skilled and prepared producers. These challenges highlight the need for farmers and ranchers to understand and utilize all the risk management tools available. Michaela Clowser, Associate Director of Producer Education and Sustainability for the National Cattlemen’s Beef Association, and Gene Copenhaver, a Virginia cattleman who serves as NCBA’s Policy Division Vice-Chair, discuss if volatility the new norm in the cattle business and the benefits for producers who take time to develop and implement a sound risk management strategy.