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 Haney is the founder of RealAgriculture.com. He creates content regularly and hosts RealAg Radio on Rural Radio 147 every weekday at 4PM est. @shaunhaney

Trending

Canola Council president responds to Richardson’s departure

The Canola Council of Canada is moving on without a core funder for 2018, as Richardson International went public with its withdrawal from the national canola industry group this week. Richardson has said it did not receive enough value to justify its investment in the Canola Council, after pushing for changes to the council over…Read more »

Related

Leave a Reply