Rising feed prices, expensive oil and a high dollar have made it a difficult time to feed cattle. You can add to that the continued instability in financial markets around the world and it’s hard to imagine that our ability to compete hasn’t been heavily damaged. There is no doubt that the Canadian industry needs to find ways to deal with this new and challenging environment in order to survive.
I spoke to J.P. Gervais, Senior Economist with Farm Credit Canada about some of the factors that make this such a challenging environment for producers and if in fact we can compete.
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