Managing your risk continues to be the message that drives the decision making strategies of feedyards and ranches in Canada and the United States. One piece of stability to the Canadian market is the announcement that JBS will be exercising its option on the XL Foods purchase.
All this and more in the Beef Market Update with Anne Dunford.
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This week, winter wheat prices touched a three-year high, but it didn’t last. Chicago SRW wheat prices for September 2018 gained 5 per cent or about 26 cents US/bushel to close at $5.56. While the December 2018 contract was up 5.4 percent — or nearly 30 cents — to finish a tad under $5.80. In…Read more »