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Kerry Halladay, WLJ Managing Editor

Markets
Mar 13, 2015
“Sharply higher beef prices in North America coupled with a very strong U.S. dollar have significantly distorted relative prices in the U.S. and Canada. High beef prices in the U.S. have limited U.S. beef exports to Canada and as a result Canadian consumers have had to rely more on domestic production to fill needs.
Markets
Mar 13, 2015
“Sharply higher beef prices in North America coupled with a very strong U.S. dollar have significantly distorted relative prices in the U.S. and Canada. High beef prices in the U.S. have limited U.S. beef exports to Canada and as a result Canadian consumers have had to rely more on domestic production to fill needs.
Markets
Mar 9, 2015
According to data by the USDA’s Economic Research Service, in 2014 the U.S. imported 2.95 billion pounds (lbs.) of beef and veal. This compares to 2.57 billion lbs. exported in the same year, making a trade deficit of 380 million lbs. The most recent World Agricultural Supply and Demand Estimates report projects trade this year will be 2.


Markets
Mar 9, 2015
Cash fed trade was very slow to develop last week as packers tried to play chicken with the rollercoaster futures and cutout prices. They tried to hold out for steady to lower prices—compared to the prior week’s $157-160 live and $252-254 dressed trade—and even by Thursday afternoon there was little indication of where prices would go.


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