Fall Run Wrapping Up

The fed cattle market has been stagnant for the last 25 weeks or so.

 

That according to Brian Perillat, Manager/Senior Analyst with Canfax.

 

"Usually at year end we see a little bit of a market pop and we've seen slightly higher prices...but still kind of disappointing for late in the year," he said. "We're almost $20 per hundredweight below a year ago. Feedlots still seeing pretty big losses at this point. We've worked through a lot of cattle, processors continue to work through the cattle. We have seen the demand pick up a little bit for fed cattle."

 

He notes the fall run is wrapping up, adding calf prices have held in despite the struggles at the feedlot level.

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.