First Week of December Cattle Market Update with Karoline and Jordyn

Cattleman U Podcast

First Week of December Cattle Market Update with Karoline and Jordyn on: Apple Podcasts | Spotify | Stitcher | Google Podcasts

“We saw almost double the amount of steers in the first week of December this [year] compared to 2023, and I think it gives a lot of hope that there are still cattle out there.” Karoline Rose-Bohannan (2:12)

Resources & Links:

• Watch this video on Tik Tok to see how we calculated value
• Go to Karoline’s Tik Tok to connect about bred cattle numbers

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Today we dive into what sale barn numbers did the first week of December this year and last. The numbers we’re seeing in the 4 and 5 weight calves alone make a person wonder how to calculate for profit and get serious about risk management. Karoline lines out some different options of how to protect yourself during these volatile markets, and identifies ways that high risk cattle can still pencil. It all comes down to being able to identify your costs, and this episode breaks down just how to do that!

In this episode we cover:

• LRP and hedging practices - how they protect you from major losses
• A step by step calculation of bred cattle’s worth, and all the factors to take into account
• The supply chain, and what Karoline sees happening with each class of cattle

More about Cattleman U podcast:

Hey all, welcome to our new podcast format! Join host, Karoline Rose-Bohannan, the leader and heart of our companies, as she shares the latest to help start, improve, and expand the rural or ranch business. She visits with industry experts to get honest ins and outs of the cattle business. Not only that, Karoline covers new topics while she’s on the go in our new Ranch Curious, Market Update, and Q & A segments! What are those? Be sure to subscribe and find out!

Looking for more episodes like this one? We have handpicked these past episodes so that you can keep up on what is happening in our industry!

• Check out The Auctioneer with Cole Morrison
• Listen to Understanding Value with John Rose

Cattleman U assumes no responsibility or liability for any errors or omissions in the content of this episode. These conversations are the experiences told by our guests and should be considered as such. The information contained is provided on an "as is" basis with no guarantees of completeness or accuracy.