Fall Cattle Run Winding Down

The fall cattle run is coming to a close.

 

"We saw two or three weeks of pretty good volume there through November for the most part, a lot of feeders trading as the weather held some off for a little bit," said Brian Perillat, Manager/Senior Analyst with Canfax. "Prices hung in there fairly well, we saw a little bit of pressure on some of those six weight cattle, lighter five weights and four weights seeing a lot of strength from guys that maybe wanted to background some calves. Prices generally in line with where they were a year ago."

 

Perlliat adds calves had been under some pressure but are flattening out. Fed cattle prices in the west are strengthening while in the east prices are struggling with the Ryding-Regency plant still closed, which may be hurting the Manitoba feeders a bit more.

 

He notes feeders could possibly move south.

Video: Finding a Balance of Innovation and Regulation - Dr. Peter Facchini

Regulations help markets and industry exist on level playing fields, keeping consumers safe and innovation from going too far. However, incredibly strict regulations can stunt innovation and cause entire industries to wither away. Dr. Peter James Facchini brings his perspective on how existing regulations have slowed the advancement of medical developments within Canada. Given the international concern of opium poppy’s illicit potential, Health Canada must abide by this global policy. But with modern technology pushing the development of many pharmaceuticals to being grown via fermentation, is it time to reconsider the rules?

Dr. Peter James Facchini leads research into the metabolic biochemistry in opium poppy at the University of Calgary. For more than 30 years, his work has contributed to the increased availability of benzylisoquinoline alkaloid biosynthetic genes to assist in the creation of morphine for pharmaceutical use. Dr. Facchini completed his B.Sc. and Ph.D. in Biological Sciences at the University of Toronto before completing Postdoctoral Fellowships in Biochemistry at the University of Kentucky in 1992 & Université de Montréal in 1995.