Here's why premiums matter

摘要

If recent history and long-term forecasts are any indication, then the cattle cycle will remain flatter, suggesting that controlling cost and exploiting premium price opportunities will be keys to maintaining or increasing revenue.As for history, the variation of inventories within a given cattle cycle is declining over time. In other words, from cycle to cycle, the gap between the minimum and maximum cattle inventory continues to narrow.That's the conclusion of a fact sheet authored last year by Glynn Tonsor, Kansas State University agricultural economist, and James Mitchell, a KSU graduate student in agricultural economics.