With the US market moving higher this week, Canadian producers have also enjoyed some higher fat sales as well. Immediately the resulting question is whether or not there is follow through in this market or will the price slowly slide down.
The United States has done well exporting beef this year with its weaker dollar. With a tightening supply and thoughts of a profitable 2010, the cattle feeder has no choice but to pay higher prices for feeders which has been the case.
In this weeks episode of the Beef Market Update, Anne Dunford breaks down the situation and tries to help us understand this recent fat price rise.
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