[bt_section layout=”boxed” top_spaced=”topSpaced” bottom_spaced=”bottomSemiSpaced” skin=”light” full_screen=”no” vertical_align=”inherit” divider=”no” back_image=”” back_color=”” back_overlay=”” back_video=”” video_settings=”” back_video_mp4=”” back_video_ogg=”” back_video_webm=”” parallax=”” parallax_offset=”” animation=”” animation_back=”” animation_impress=”” el_id=”” el_class=”” el_style=””][bt_row][bt_column width=”1/4″ align=”center” vertical_align=”inherit” border=”no_border” cell_padding=”default” animation=”no_animation” text_indent=”no_text_indent” highlight=”no_highlight” background_color=”” transparent=”” inner_background_color=”” background_image=”” el_class=”” el_style=””][bt_image image=”2332″ caption_text=”” caption_title=”” show_titles=”no” size=”boldthemes_small_square” shape=”rounded” url=”” target=”_self” el_class=”” el_style=””][/bt_image][bt_hr top_spaced=”not-spaced” bottom_spaced=”bottomSemiSpaced” transparent_border=”noBorder” el_class=”” el_style=””][/bt_hr][/bt_column][bt_column width=”2/4″ align=”left” vertical_align=”inherit” border=”no_border” cell_padding=”default” animation=”no_animation” text_indent=”no_text_indent” highlight=”no_highlight” background_color=”” transparent=”” inner_background_color=”” background_image=”” el_class=”” el_style=””][bt_header superheadline=”VICE PRESIDENT, LIVESTOCK” headline=”” headline_size=”small” dash=”no” subheadline=”” el_class=”” el_style=””][/bt_header][bt_header superheadline=”” headline=”Patrick McRae” headline_size=”huge” dash=”no” subheadline=”“We have to use higher level thinking when managing risk in the commodity markets“” el_class=”” el_style=””][/bt_header][bt_hr top_spaced=”not-spaced” bottom_spaced=”bottomSemiSpaced” transparent_border=”noBorder” el_class=”” el_style=””][/bt_hr][/bt_column][bt_column width=”1/4″ align=”left” vertical_align=”inherit” border=”no_border” cell_padding=”btTextIndent” animation=”no_animation” highlight=”no_highlight” background_color=”” transparent=”” inner_background_color=”” background_image=”” el_class=”” el_style=””][bt_header superheadline=”CONTACT ME” headline=”” headline_size=”small” dash=”no” subheadline=”” el_class=”” el_style=””][/bt_header][bt_hr top_spaced=”not-spaced” bottom_spaced=”bottomExtraSmallSpaced” transparent_border=”noBorder” el_class=”” el_style=””][/bt_hr][bt_icons][bt_icon icon=”fa_f095″ icon_title=”” icon_type=”btIcoFilledType” icon_color=”btIcoAccentColor” icon_size=”btIcoMediumSize” url=”tel:+8156805594″ target=”no_target” el_class=”” el_style=””][/bt_icon][bt_icon icon=”fa_f0e0″ icon_title=”” icon_type=”btIcoFilledType” icon_color=”btIcoAccentColor” icon_size=”btIcoMediumSize” url=”mailto:PATRICK@kapcofutures.com” target=”no_target” el_class=”” el_style=””][/bt_icon][bt_icon icon=”fa_f274″ icon_title=”” icon_type=”btIcoFilledType” icon_color=”btIcoAccentColor” icon_size=”btIcoMediumSize” url=”https://outlook.office365.com/owa/calendar/KapcoFutures@NETORG5216249.onmicrosoft.com/bookings/” target=”no_target” el_class=”” el_style=””][/bt_icon][/bt_icons][bt_hr top_spaced=”topSmallSpaced” bottom_spaced=”bottomSmallSpaced” transparent_border=”noBorder” el_class=”” el_style=””][/bt_hr][bt_header superheadline=”SPECIALTY” headline=”Cattle” headline_size=”small” dash=”no” subheadline=”” el_class=”” el_style=””][/bt_header][bt_hr top_spaced=”not-spaced” bottom_spaced=”bottomSmallSpaced” transparent_border=”noBorder” el_class=”” el_style=””][/bt_hr][bt_header superheadline=”HOMETOWN” headline=”Cary, IL” headline_size=”small” dash=”no” subheadline=”” el_class=”” el_style=””][/bt_header][bt_hr top_spaced=”not-spaced” bottom_spaced=”bottomSmallSpaced” transparent_border=”noBorder” el_class=”” el_style=””][/bt_hr][bt_header superheadline=”FAVORITE OUTSIDE MARKET” headline=”S&P 500″ headline_size=”small” dash=”no” subheadline=”” el_class=”” el_style=””][/bt_header][bt_hr top_spaced=”not-spaced” bottom_spaced=”bottomSemiSpaced” transparent_border=”noBorder” el_class=”” el_style=””][/bt_hr][/bt_column][/bt_row][bt_row][bt_column width=”1/2″ align=”left” vertical_align=”inherit” border=”no_border” cell_padding=”default” animation=”no_animation” text_indent=”no_text_indent” highlight=”no_highlight” background_color=”” transparent=”” inner_background_color=”” background_image=”” el_class=”” el_style=””][bt_header superheadline=”” headline=”Market Philosophy ” headline_size=”medium” dash=”no” subheadline=”” el_class=”” el_style=””][/bt_header][bt_hr top_spaced=”not-spaced” bottom_spaced=”bottomSmallSpaced” transparent_border=”noBorder” el_class=”” el_style=””][/bt_hr][bt_text]
Cattle markets are profit-driven. Very simply, they tend to top out when we run out of willing buyers and bottom when we run out of willing sellers. Knowing where participants’ profits are is key to understanding where the market can ultimately go. The narrative and story-driven fundamentals are often already priced in.
When trading a market with a hedging mindset it is imperative you approach it with the idea of using it as a tool to profit on the farm, not necessarily in the account. I believe in a margin-management strategy, and work with my clients to develop a rule-based marketing strategy where we only buy cattle when we have an opportunity to lock in a profit.
[/bt_text][bt_hr top_spaced=”not-spaced” bottom_spaced=”bottomSemiSpaced” transparent_border=”noBorder” el_class=”” el_style=””][/bt_hr][/bt_column][bt_column width=”1/2″ align=”left” vertical_align=”inherit” border=”no_border” cell_padding=”default” animation=”no_animation” text_indent=”no_text_indent” highlight=”no_highlight” background_color=”” transparent=”” inner_background_color=”” background_image=”” el_class=”” el_style=””][bt_header superheadline=”” headline=”Fun Facts” headline_size=”medium” dash=”no” subheadline=”” el_class=”” el_style=””][/bt_header][bt_hr top_spaced=”not-spaced” bottom_spaced=”bottomSmallSpaced” transparent_border=”noBorder” el_class=”” el_style=””][/bt_hr][bt_text]
- Elon Musk enthusiast
- 5th generation farm family from Southern Illinois
- Puts money where my mouth is and own cattle alongside my clients
[/bt_text][bt_hr top_spaced=”topSmallSpaced” bottom_spaced=”bottomSmallSpaced” transparent_border=”noBorder” el_class=”” el_style=””][/bt_hr][bt_header superheadline=”” headline=”Interests and Hobbies” headline_size=”medium” dash=”no” subheadline=”” el_class=”” el_style=””][/bt_header][bt_hr top_spaced=”not-spaced” bottom_spaced=”bottomSmallSpaced” transparent_border=”noBorder” el_class=”” el_style=””][/bt_hr][bt_text]
- Ice hockey
- Boating
- Fishing
- Weight lifting
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