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The creation of a Foot and Mouth Disease Vaccine Bank continues to moves forward

Federal, Provincial and Territorial Ag Ministers announcing an agreement to create a vaccine bank for Foot and Mouth Disease. that's something the Canadian Cattle Association has been pushing for.

Estimates suggest a FMD outbreak would impact our ability to export animals and could cost the industry anywhere from $19.4 Billion to $65 Billion in potential economic impacts.

In the Spring budget, Ottawa committed $57.5 million over 5 years with $5.6 million ongoing to the CFIA to establish the Vaccine Bank and to develop FMD response plans.

During this week's FPT meeting in Fredericton, Ministers discussed the guiding principles of Canada's FMD vaccine bank, with a focus on:

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Central Nebraska Faces Packing Plant Closure

Video: Central Nebraska Faces Packing Plant Closure

A beef packing plant's closure in Lexington, Nebraska will mean nearly a third of the town's residents are laid off. Experts say cattle packers may have needed the adjustment.