Canfax has created a new, free app to forecast market prices.
By using historical Canfax data, CFXPro helps project, from current market conditions, what calf prices might look like in the fall. Included in this guide are prices of calves, a break-even calculator, futures market information and daily updates on the new price insurance numbers so producers can check what those numbers are at any given time.
The app is only a guide, but brings “a Canadian perspective to market information,” said Brian Perillat, manager and senior analyst at Canfax.
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The CFXPro app is available through iTunes store and BlackBerry World.