Beef Market Update - Has the Fed Cattle Market Finally Bottomed?

[shaney]

For more Beef Market Updates or other ag-based content go to [URL="http://www.realagriculture.com"]RealAgriculture.com[/URL]

<object width="560" height="340"><param name="movie" value="http://www.youtube.com/v/5E5a4add1Ok&hl=en_US&fs=1&color1=0x234 900&color2=0x4e9e00"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/5E5a4add1Ok&hl=en_US&fs=1&color1=0x234 900&color2=0x4e9e00" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="560" height="340"></embed></object>

[kato]

I would love to watch this, but am cursed with dial up. Is there a text version??

[Sawbones]

Can you explain to me shaney why Canada has not been able to take advantage of this sale opportunity. I continue to be baffled by the excuse that our problem is market access and lack of demand

"By Lisa M. Keefe on 12/29/2009
Hong Kong is the fourth-largest market for U.S. food and beverage exports at the end of a year in which those exports grew by 15 percent, the fastest growth among all exports markets globally, according to a new report by USDA.
The agency's Foreign Agricultural Service's Global Agricultural Information Network released the report earlier this month. It noted that the Hong Kong market is valued at (US)$1.4 billion, the beneficiary of a weakened U.S. dollar, which makes U.S. food products more competitively priced overseas.
Red meat and poultry are among the top prospects for export to Hong Kong; many of those exports are then re-exported to mainland China.

[grassfarmer]

Perhaps because the true agenda of packers and their Government and cattle organisation puppets, is to keep beef captive on the north American continent??

[vagabonddreamer]

further to that GF...the puppets are used to keep the price of canadian cattle at an all time low for US purchasers...the US processors package and ship the canadian product overseas at a PREMIUM...age verified and all the ear tags in the world...lol...a great product at not much more than brazilian or argentinian prices when you factor in shipping...i bet they are making a KILLING markup!!! vs

[rkaiser]

There is one simple reason. Canada does not SELL beef. And despite all the efforts of organisations like ABP, CCA, CBEF, and so on, they can not SELL beef either. If we are ever going to CHANGE anything --- WE have to start SELLING beef.

This captive market,that is definitely supported by the multinational packers,will not change and will simply get more concentrated until we take responsibility and control our "beef" products to the wholesale and preferably the retail end.