Beef Market Update: A Dropping CDN Dollar and Slumping Boxed Beef Sales

With the announcement of the TWIST package in the United States this week, the currency and commodity markets have been put into a volatile mess. I say mess, cattle feeders say relief. With the Canadian Dollar dropping below par for the first time since February, Canadian cattle feeders can now breath a sigh of relief from the stifling high currency. This may be what the doctor ordered to get Canadian beef exports rolling.

In this weeks edition of the Beef Market Update, Anne Dunford and I discuss the dropping currency, slow boxed beef sales and the USDA cattle of feed report due out the end of the week.

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Shaun Haney

Shaun grew up on a family seed farm in Southern Alberta. Haney Farms produces, conditions and retails wheat, barley, canola and corn seed. Shaun Haney is the founder of RealAgriculture.com. @shaunhaney

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