Working Through the COVID Cattle Glut

10 September 2020 | 2:00 PM

Not Oversupply as Usual

As the meat industry returns to something approaching pre-COVID levels of operation, it is tempting to return to planning for business as usual. A glut of cattle developed as processing slowed to a crawl in the spring, but this is not the kind of oversupply the market is used to seeing. Join us for a conversation as the Gro team works through the implications of this unusual market distortion, and discusses different models for how the market will find a new equilibrium.

This is the first in a series of webinars Gro will host about the global protein market. Look out for more on this topic later in the fall, including installments on how alternative proteins and changing demand for animal protein will impact global agricultural markets.


Grady Ferguson
Senior Research Analyst
Prior to joining Gro, Grady was the liaison between the data management teams and the price forecasting teams at Informa Economics. He served as head of Informa’s Poultry and Eggs and as a senior analyst for Grains and Oilseeds. After beginning his career as a ranch hand, Grady earned an honors Economics degree from the University of Colorado at Boulder and spent several years originating and merchandising grain in Ohio and Indiana. This led to a physical commodities trading position, which focused heavily on the feed sector. Grady has a master’s in Agricultural Economics from the University of Tennessee.
Jacques Paye
Research Analyst
Before joining Gro, Jacques interned in the market risk department at JP Morgan, in grain trading operations at Freepoint Commodities and in options trading at Gelber Group. He graduated from Fordham University in 2020 with a finance major and a math minor. Jacques is currently pursuing an MS in Computer Science from Georgia Tech.
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