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Manitoba's new agriculture minister, Derek Johnson, was sworn in January 18, 2022, and named helping producers recover from the 2021 drought and maintaining cross-border feed movement and exports as top priorities. He replaces Ralph Eichler, who was not kept in cabinet by Premier Heather Stefanson.
Cross-border feed trucking and rebuilding the beef herd affect regional feed flows and cattle supply, which can influence feed grain demand and feeder cattle prices in western Canada.
realagriculture.comKelvin HeppnerJan 24, 2022After 28 past neutral policy events, Feeder Cattle moved a median +0.2% over 5 sessions (61% higher; middle half -0.6% to +0.8%), and +0.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
