Casual Cattle Conversations

Mastering Cattle Market Trends: Maximizing Profitability with Lee Schulz


Listen Later

If you're feeling frustrated and overwhelmed by the fluctuations in the cattle market, despite your efforts to optimize profitability through traditional strategies like price hedging and cost-cutting, then you are not alone! Many cattle producers find themselves struggling to make informed decisions and achieve the desired profitability due to the unpredictable nature of market cycles. Despite your best intentions, you may be experiencing unexpected losses and missed opportunities, leaving you unsure of how to navigate the complex dynamics of the cattle industry.

In this episode, you will be able to:

Learn to navigate the cyclical market trends driving profitability in cattle farming.

  • Comprehend the role regional imbalances play in shaping the cattle industry.

  • Probe into the less-explored areas of profitability following prices in the cattle business.

  • Apply risk management tools to moderate the uncertainties encircling the cattle market.

  • Hone your decision-making skillset for expanding and investing wisely in the ever-evolving cattle industry.

    My special guest is Lee Schulz

    We're excited to have Lee Schulz join us for this discussion. Lee has an impressively multi-faceted role at Iowa State, which includes research, teaching, and extension work within the agricultural marketing field. His expertise in cattle market trends and understanding of how to leverage them to increase profitability makes him an invaluable resource for cattle producers. With over a decade at Iowa State and having journeyed through multiple cattle market cycles, Lee's insights are guided by both his extensive experience and innovative approaches.

    The key moments in this episode are:

    00:00:02 - Introduction,

    00:00:54 - About Lee Schulz,

    00:03:49 - Understanding the Cattle Cycle,

    00:05:26 - Current Cattle Inventory and Regional Impacts,

    00:09:36 - Profits and Market Analysis,

    00:16:03 - Risk Management Options Outside of LRP Insurance,

    00:18:30 - Tailoring Risk Management Strategies,

    00:20:13 - Timing the Market with Investment Strategies,

    00:23:50 - Managing for Profitability,

    00:25:55 - Setting Up for the Next Downturn,

     

    Learn more about Vytelle. www.vytelle.com  

    ...more
    View all episodesView all episodes
    Download on the App Store

    Casual Cattle ConversationsBy casualcattleconversations

    • 4.9
    • 4.9
    • 4.9
    • 4.9
    • 4.9

    4.9

    69 ratings


    More shows like Casual Cattle Conversations

    View all
    UNL BeefWatch by University of Nebraska-Lincoln

    UNL BeefWatch

    84 Listeners

    Working Cows - Regenerative Ranching to Maximize Profitability and Soil Health by Clay Conry

    Working Cows - Regenerative Ranching to Maximize Profitability and Soil Health

    420 Listeners

    Cattle Chat by BCI Cattle Chat

    Cattle Chat

    122 Listeners

    Rodeo Time with Dale Brisby by Dale Brisby

    Rodeo Time with Dale Brisby

    1,268 Listeners

    Farm4Profit Podcast by David Whitaker, Corey Hillebo, Tanner Winterhof

    Farm4Profit Podcast

    373 Listeners

    Progressive Cattle Podcast by Progressive Cattle editors

    Progressive Cattle Podcast

    20 Listeners

    Grazing Grass Podcast sharing Regenerative Ag Stories by Grazing Grass

    Grazing Grass Podcast sharing Regenerative Ag Stories

    110 Listeners

    Ranch It Up Radio Show & Podcast by Jeff ”Tigger” Erhardt & Rebecca ”BEC” Wanner, Tigger & BEC

    Ranch It Up Radio Show & Podcast

    32 Listeners

    Working Ranch Radio Show by Justin Mills

    Working Ranch Radio Show

    71 Listeners

    Ranching Returns Podcast by Jared Luhman

    Ranching Returns Podcast

    214 Listeners

    Barn Talk by This'll Do Farm

    Barn Talk

    1,585 Listeners

    Angus Underground by David Brown

    Angus Underground

    201 Listeners

    Practically Ranching by Matt Perrier

    Practically Ranching

    82 Listeners

    Charly Crawford Podcast by Charly Crawford

    Charly Crawford Podcast

    131 Listeners

    The Wealthy Cowboy Show by Crockett Carothers

    The Wealthy Cowboy Show

    152 Listeners