CanFax Market Analyst Dallas Rodger gave a beef market update and forecast last week at Manitoba Agriculture's Beef and Forage Day in Vita.

He said the demand for Canadian beef is strong.

"What's been huge, has been on the export markets," explained Rodger. "We've been able to move more beef at higher prices...just insatiable demand from key markets. China's been really key."

Rodger notes Canada has an advantage over the U.S. when exporting to China, because of our ractopamine-free beef.

He says three quarters of what Canada exports goes into the U.S. and Mexico, adding NAFTA is an important agreement to keep the beef flowing south.

More Local Sports

Canada Secures Access In Key ASEAN Markets

The Government of Canada has announced new market access for live cattle exports to the Philippines, as well as sheep and goat genetics exports to Indonesia and the Philippines. “Canada is building…

Bunge Getting Pushed To Make Changes

The Wall Street Journal is reporting that investment firm D.E.Shaw & Co. has boosted its stake in Bunge Ltd. and is pushing the grain trader to make operational improvements and add board members.…

USDA October WASDE Report 'Modestly Friendly'

There was a slight bump in the markets Thursday following the release of the USDA October World Agricultural Supply and Demand Estimates (WASDE) report. Jon Driedger, senior market analyst with…

MacAulay Concludes EU Tour

Canada's Agriculture and Agri-Food Minister, Lawrence MacAulay, has concluded his agricultural outreach mission to Europe. During his trip, he visited Spain, Belgium, and Italy. "The Canada-European…

DiscoverWestman.com is Westman's only source for community news and information such as weather and classifieds.

Login