Market Outlook from CattleFax at Cattle Industry Convention

Taylor Hillman Cattle, General

The CattleFax Outlook Seminar will be one of the many sessions taking place during the 2020 Cattle Industry Convention and NCBA Trade Show, February 5-7 in San Antonio. And according to CattleFax CEO, Randy Blach, the U.S. cattle industry is facing a whole new ball game in 2020, and financial skies should be sunny for producers this coming year.

“We’re going to be more profitable in 2020. I think our cattle feeding segment is going to make more money, I think our backgrounders and stocker operators are going to make more money in 2020 than they did in 19. And if those segments are making more money that’s going to help stabilize and support the calf market by the time we get into the fall of next year.”

Blach said those attending the CattleFax U.S. Global Protein and Grain Outlook Seminar on February 7th will be glad they were there.

“These markets are complicated. They’re more complicated than any time in my 40-year history. There are so many things that we’ll be able to share in that hour and a half with the audience that has been months and months of research and analysis, to distill it down into a take-home message that is user-friendly and most importantly it’s decision friendly. So I promise you anybody that comes to that Outlook Session is going to walk out more informed and better equipped to make better decisions as they look at their operations in 2020, 2021 and 2022.”

The CattleFax Outlook Seminar is only one of the many valuable sessions being held during the 2020 Cattle Industry Convention and NCBA Trade Show in San Antonio. To learn more about the event and to get registered, go to www.NCBA.org.