The recent meat recall at XL Foods is just another issue to provide adversity to the Canadian cattle industry. With one of two Western Canadian packers being forced to deal with a meat recall the lift lines have pushed an already wide basis wider.
Additionally, the topic of a struggling pork industry has left many wondering if the red meat industry is about to face the same public struggles.
Early in the feeder run, heavier weight feeders have struggled while demand is strong for lighter weight calves. This mainly has to do with feed costs and trying to manage marketing times.
All this and more in the Beef Market Update.
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