Opinion
It’s tough to talk about the cattle markets and not focus solely on the demand side which, if we’re being honest, has been nothing short of impressive. But price is a function of two components — supply being the balance to demand. While Canada’s beef herd continues to contract, ranchers in the United States have turned a corner and are in full-on expansion mode. What does that mean for the Canadian cattle market? As Anne Wasko, of Gateway Livestock, points out in this mid-summer edition of the Beef Market Update, our cattle prices are built on the U.S. market — what happens…
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