I heard Ralph Goodale quoted this morning as saying Ottawa would have to think about providing another bail out package to the beef industry.
Surprised by the speed of this announcement but I'd like to know who will get the money? Feedlots who were bidding freely on calves in the last couple of months? Cow/Calf guys who have been getting good prices of late for selling calves - or the ones who got a hammering selling calves last Fall?
I honestly can't see where he reckons a bail out is needed - sure we could all use extra money - but it is taxpayer money and as such shouldn't be wasted.
If the feedlots are the recipients I hope they know which ones are custom feeding cattle for Americans because we shouldn't be bailing out American producers.
As Rick Paskal said this morning .... "the Government needs to sit down with industry inside a week and get some packing plants up and running" - I agree this is the best use of any "bailout funds."
Surprised by the speed of this announcement but I'd like to know who will get the money? Feedlots who were bidding freely on calves in the last couple of months? Cow/Calf guys who have been getting good prices of late for selling calves - or the ones who got a hammering selling calves last Fall?
I honestly can't see where he reckons a bail out is needed - sure we could all use extra money - but it is taxpayer money and as such shouldn't be wasted.
If the feedlots are the recipients I hope they know which ones are custom feeding cattle for Americans because we shouldn't be bailing out American producers.
As Rick Paskal said this morning .... "the Government needs to sit down with industry inside a week and get some packing plants up and running" - I agree this is the best use of any "bailout funds."
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