In this weeks episode of the Beef Market Update, Anne Dunford discusses the need for cattle feeders to see feed prices and Canadian Dollar go lowr based on the calf placement prices. The reality is that this will probably not happen in the short term, which will lead to losses in this turn of cattle feeding. Anne also addresses this weeks fat cattle price and how packers are still buying three weeks out to curb higher prices to the feeder.
By Christina Franc Canada exports 600,000 tonnes of forage each year, with an estimated value of $150 million. This market is continuing to grow, particularly in the United Arab Emirates. Selling hay to the UAE opens a world of possibilities, and a world of possible problems, says Alan Gardner of Haydar Group of Companies. None…Read more »