Managing for Profit

No end in sight for strong calf prices

cattle grazing-keya paha county 6-13You’ve probably heard the old saying, “The cure for high prices is high prices”. It usually holds true.  But that adage may not apply to high calf prices this time around, says Gary Brester, a livestock economist from Montana State University.

“I just don’t see these calf prices going down appreciably,” Brester says. “Certainly record prices don’t last forever. But I don’t think we’re going to see $1.50 calves anymore. I think kind of that $2.00 range might be what we’re looking at, for quite a long time.”

We talked to Brester at the recent American Bankers Association National Ag Bankers Conference in Omaha.

AUDIO: Gary Brester

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