June fed cattle prices are typically low. April and May fed cattle prices, however, generally hit or are near the highs for the year. Thus, the name of the game becomes “He who can market finished 2018 spring-born calves in April or May 2019 wins.”
Harlan is kicking of a series of articles dedicated to analyzing the cattle cycle (it's finally back!) and the beef price cycle to hopefully help you build a strategic business plan for the next cattle cycle.
One of the best ways for a retiring rancher to transition out of the business and for a young rancher to get started is with a cow lease arrangement. While the specifics will vary depending on the desires of both parties, there are many benefits...
I almost always encourage ranchers to develop a management strategy that makes the cattle cycle work for them rather than against them. It is now time to develop that next plan again. This is part 1 in a multi-part series.