One of the highlights of the the NCBA convention every year is the cattle market outlook by CattleFax. As everyone left the session on Friday the consensus of the attendees was, “CattleFax is very bullish.”
At the NCBA 2011 convention I had the opportunity to discuss the cattle market with Duane Lenz of CattleFax. Duane talks about the limited supply of feeder cattle and cautiousness of feedyards across North America. Duane provides his outlook for pricing and whether this strong pricing story will continue through 2011.
If you cannot see the below video interview with Duane Lenz, click here