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Manitoba Calf Prices Finish Year Strong

Prices of fed cattle and cull cows has been strong, according to Brian Perillat, Manager and Senior Analyst with Canfax.
 
"Fed cattle continue to be grinding a little bit higher," he said. "They've been on the rise, for the last couple of months....There's a lot of feedlots saying there's a little bit of profit in these cattle, which they haven't really seen much of in 2019."
 
Perillat says Manitoba calf prices had a relatively strong finish to the year, being some of the strongest in Canada.
 
He notes they'll be keeping an eye on the Canadian dollar, which recently broke out over 77 cents, the highest since 2018.
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Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.