Brian Perillat, Canfax Analyzes the Sept 1 Cattle on Feed Report

The whole North American cattle industry is focused squarely on the drought situation in the United States. The realities of aggressively pulling animals forward is sure to play on the market and prices through the New Year. With last Friday’s release of the September 1, 2011 Cattle on Feed Report from the USDA, we wait for the markets to react and try to get a picture of how that may play out into 2012.

The effects of the continued dry weather on grasslands in Texas are mounting as calf placements continue to remain high, eliminating any kind of retention program for ranchers and shifting marketing plans. That will no doubt contribute to an already problematic calf supply situation. So what are the implications for the Canadian producer? Could there be any potential opportunity for us? I spoke with CanFax Senior Market Analyst Brian Perillat about the report and what it means for the industry.

Get the USDA reportĀ here

If you cannot see the below embedded video, click here.

 

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

Trending

Liberals drop plan to restrict lifetime capital gains exemptions

Prime Minister Justin Trudeau, Finance Minister Bill Morneau and Small Business and Tourism Minister Bardish Chagger took a quick trip to Stouffville, Ontario on Monday morning to announce the lowering of small business tax rates, and a change to the controversial small business tax proposal they introduced in July. "We made a promise to middle…Read more Ā»

Related

Leave a Reply