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The year 2020 has been one for the record books concerning major business disruptors that have caused economic and emotional stress. The COVID-19 pandemic, wildfires, extreme weather, and other global events, are black swans or unusual aspects that are creating an environment that is quite the opposite of “business as usual.”
The other day, after addressing a large agricultural group in St. Cloud, Minnesota, a young producer stated that the livestock cycle is still alive and well, despite comments from other attendees to the contrary.
I agree that cycles exist in livestock, as well as weather and economics. Many segments of agriculture have recently been in a supersized super cycle which extends to much of rural America.
