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Canfax senior analyst Brian Perillat told the Calgary beef conference that North American beef demand is among the strongest in 20 to 30 years. Canadian beef exports hit record values above $3 billion this year, with Japan growing under CPTPP tariff cuts.
Strong consumer demand and record exports support cattle prices, though futures remain cautious over trade and weather risks. Export strength backs fed cattle values near $140 per cwt.
producer.comBarbara DuckworthAug 22, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
