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The market for livestock has been a bit of a rollercoaster over the last few years. Strong prices during 2014 and early 2015 have given way to lower prices that are more in line with what producers saw from 2010-13, says Lee Schulz, livestock economist with Iowa State University Extension and Outreach.
Lee Schulz, ISU Extension and Outreach livestock economist, has been tracking the crush margins for cattle and hogs and posting them online for several years. The margin is calculated every Wednesday using the futures close on that date and posted on a website. Schulz now has developed an app to assist producers in evaluating margins and taking advantage of profitable opportunities.
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