If you cannot see the above embedded audio player, Click Here
Anne Wasko and Shaun Haney discuss the finalization of the JBS – XL Foods US plant purchases, why cattle packing plants cannot seems to get current, whether there could be further packing plant closures, basis outlook and the possible scenario for higher live cattle prices in 2013 from this point.
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 »