Beef Market Update – The Surging Canadian Dollar Wrecks Havoc on the Business

Anne DunfordIn this instalment of the beef market update, Anne Dunford of the Gateway Livestock Exchange talks about the impact of the surging Canadian dollar.  Anne talks about the familiarity of this story referencing what happened in the fall of 2007 and whether it will happen again.

There has been a lot of discussion about the Canadian Dollar but it appears that the fears of many analysts are coming to be reality which in this case could be very bad for all exporting businesses.  Unfortunately this includes the cattle industry.

See past Beef Market Updates

 

Shaun Haney

Shaun grew up on a family seed farm in Southern Alberta. Haney Farms produces, conditions and retails wheat, barley, canola and corn seed. Shaun Haney is the founder of RealAgriculture.com. @shaunhaney

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