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111. When Prices Are Too Good to Be True — Steve Kenyon on the Cattle Cycle and Custom Grazing

Cattle prices are high, but how long can the good times last? In this episode, John Haskell sits down with Canadian rancher and longtime custom grazer Steve Kenyon to talk about the cattle cycle, what history can teach us about today's market, and why trying to predict the exact top or bottom may be a losing game. Steve shares lessons from more than 30 years in the cattle business, including how gross margin analysis led him to sell his own herd and build a custom grazing operation.

The conversation explores the market disruptions Steve has experienced firsthand, from drought and BSE to…

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