Is this the New Normal Size of the Canadian Cow Herd? — Brian Perillat, Canfax

While the fundamentals seem to hint at conditions being right for the Canadian cow herd to begin an expansion phase, it’s not happening. Cull rates of about 10% would signal ranchers building their herds; 2013 numbers will end up somewhere about 15%, a number more synonymous with liquidation than expansion. According to Brian Perillat, senior…