Not since the early 2000’s have Canadian feedyards imported US feeder cattle in great numbers. Rumours are swirling that 2010 may be the year that this practice becomes popular again. There is no doubt that this will not sit well with Canadian ranchers due to the possible extra supply dragging down the current healthy calf prices.
From the viewpoint of the Canadian feedyard this could be one of the benefits of a strong Canadian dollar but I’m sure if you were to take a poll most feeders would prefer a low dollar to push the Canadian fat price higher.
In this weeks episode of the Beef Market Update, Anne Dunford, Gateway Livestock Exchange discusses this weeks fat market, whether or not Canadian feedyards will import US feeder cattle and the supply of Canadian feeder cattle based on the recent cold weather.
If you cannot see the below embedded video, Click Here