Minimal-Risk Canadian Cattle Imports
As the March 7 date approaches, several new releases and relationships will guide forecasts. The January 1, 2005, Canadian Cattle Inventory report will be released February 17. This release will provide a view on the extent that cattle inventories have risen. In 2002, the last year of pre-BSE markets, the United States imported 1.6 million cattle from Canada, partially due to drought in Canada. The Canadian inventory on January 1, 2003, was 13.5 million head and is expected to have risen to just short of 16 million head since the loss of beef/cattle export markets in May 2003.Source: CattleNetwork
16 February 2005
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