So many of us were still waiting, hoping and assuming that the turn of summer into fall would bring the only thing we could practically fathom: higher market prices for beef cattle.

In the realm of cattle feeding, navigating a bullish market can feel much like riding a bull – thrilling, swift and inherently risky. But for those equipped with the right financial tools and strategies, this volatility can be beneficial.

The exact location and intensity of summer thunderstorms is somewhat unpredictable. Don’t allow the frequency of storm watches lull you into complacency. Severe weather – such as a tornado – can form quickly and turn deadly in just moments.

When a dry spell arrives, producers scramble to make the best decisions for grazing pastures, buying hay and caring for livestock. Running stockers as a drought safety valve could be a smart idea.

Traditional hedging through the futures markets has long been a part of agriculture. However, many producers aren’t comfortable with or able to put it into practice.

In a webinar hosted by NCBA, Elliott Dennis, assistant professor of livestock marketing and risk management at the University of Nebraska – Lincoln, discussed how to top the cattle market by effectively marketing and managing price risk.