by Chuck Smith | Mar 13, 2017 | Investment Strategies
To get started, ask for our white paper, “Feeding Cattle for Beginners”, but in a nutshell, weather drives feed costs and global wealth drives demand. And now, exports to China. Geopolitical issues and trade agreements invariably affect...
by Chuck Smith | Feb 24, 2017 | Investment Strategies
There are two different ways to invest in feeder cattle: futures on the CME, and cattle on the hoof. Returns are very different. The former is a purely speculative play. The latter creates value through management skill throughout the value chain. In the real world,...
by Chuck Smith | Feb 24, 2017 | Investment Strategies
For investors with a diversified portfolio, an investment in feeder cattle provides stock market-like returns and lower overall portfolio volatility. This can maintain yields and improve the Sharpe’s ratio. The returns on an investment in feeder cattle are...