Beef Farmer Ben Smith on Speculating in U.S. Cattle Futures after the Recent Price Crash

U.S. cattle futures crashed in mid-March yet ground beef in U.S. grocery stores has tripled in price since mid-March. What is happening? And are there any speculative investment possibilities amidst this crisis? Beef Farmer Ben Smith answers these questions and provides expert commentary on the cattle supply chain disruption that is occurring in the U.S.A. Prior to starting his cattle farming business in 2014, Ben worked for almost a decade in a meat packing plant in Detroit, Michigan. Ben’s 100-acre farm is located just outside of Lansing, Michigan: https://www.thesmithfamilyfarm.net/0:15 Introduction1:37 Ben’s experience working in the cattle industry4:14 Simplistic overview of the U.S. cattle supply chain5:47 Processors greatly influence the beef price6:19 Ground beef has tripled in price since cattle futures crashed?!8:12 Meat processors not really price gouging 9:32 Meat processors future capacity now diminished moving forward?11:21 What are signs to watch for re: return to normalcy in beef market?12:59 Investment possibilities as a result of this crisis?16:31 Wise to speculate in cattle futures now?19:01 Practical advice: Make yourself antifragileSign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.