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Feedlot Losses Deepen - Red ink at the feedlot sector continues to flow. In the last 28 months, there have only been a couple of months where there were profits finishing cattle in Western Canada when looking at feeding margins on a cash basis. There may have been other opportunities to limit losses or be profitable with risk management, but overall it has been a struggle for finishing feedlots for over two years ...
Retail Beef Prices - Despite spikes in demand at the grocery store and disruptions in the supply, retail beef prices remained steady in March and April with prices 2.5% and 3.5% higher than year ago. The lag in the supply chain means the impact from supply disruptions earlier this spring showed up at the meat counter in May and June ...