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Red Meat Prices on Fire - Wholesale beef and pork prices this spring have seen incredible strength. Except for last year when wholesale beef prices doubled due to a shortage of supplies, cutout prices at current levels had not been seen before in a normally functioning market, and were certainly not expected in the face of record large North American beef production. This spring the daily highest Choice price was reported on Thursday at $306.37/cwt ...
Canadian Dollar at Three and a Half Year High - The Canadian dollar has continued its rally higher for over a year now. In the middle of March last year the Canadian dollar made a low of 68.16 cents US. This was similar to a low made in 2016, but otherwise these were levels not seen since 2002 and 2003. Today the Canadian dollar has traded near 82.5 cents, almost a 15 cent rally ...