Discussions are underway on whether or not a new beef packing facility would be viable in Saskatchewan. The industry has sustained healthy margins over the past two-and-a-half years and with Saskatchewan being the literal breeding ground for upwards of one million cows, it’s no wonder the province is up for consideration. Saskatchewan Stock Growers Association… Read More
Tag: Kevin Grier Market Analysis and Consulting
The cattle value chain has undergone significant pressure both to the upside and down since 2019. A major fire at a plant in the U.S. caused a backlog of processing. Soon after, COVID-19 hit. During 2020 and 2021, demand both at home and abroad skyrocketed. In short, for an industry that has to plan for… Read More
It’s hard to avoid news about inflation from major news outlets these days, and caught up in it all is the rising cost of food. Kevin Grier of Kevin Grier Market Analysis and Consulting has published a grocery trade report for September that includes food inflation numbers. He joined Shaun Haney on RealAg Radio recently,… Read More
A surprising thing happened during the COVID-19 lockdown: grocery stores in Canada didn’t jack prices in comparison to their American counterparts. What’s more, the sales of certain items, such as beef, held very strong — much stronger than many anticipated. That demand helped offset the loss of sit-down dining demand. But as Kevin Grier of Kevin… Read More