For Tommy Grisafi of Advance Trading, Inc., the cattle industry went through one of its biggest boom bust cycles in his 25 years trading commodities. Those high prices cattle producers saw is a motivator to make choices on the farm.
“Some of the poorest decisions ever made are when times were good,” said Grisafi. “There’s a whole new level of risk management learned.”
Watch Grisafi, DuWayne Bosse of Bolt Marketing, and Tregg Cronin of Hale Commodity discuss beef, pork and chicken demand on U.S. Farm Report above.