For those who weathered harder times, it's a good time to be in the cattle business.
© Submitted photo
Anne Wasko will be the featured speaker at the FCC's Ag Knowledge Exchange event Jan. 28.
That's the message Anne Wasko intends to bring to Farm Credit Canada's Ag Knowledge Exchange event at the Prince of Wales Cultural and Recreation Centre in Assiniboia on Jan. 28.
"The people who are still standing today have weathered some difficult years. There's been some long, difficult times, so absolutely, today's prices are great," Wasko told the Times-Herald. "We need to be strong and vibrant. This is a great time to be in the business, but one could argue it'd be a difficult time to get in."
Wasko is the featured speaker at the event, and will discuss the cattle industry's latest developments, including the "very explosive cattle markets" and strong prices for producers; the "shrinking of the North American cow herd" as a result of several businesses closing; and "supplies, and what they mean for production, demand, and the things we see coming down the pipe."
Wasko's speech will also touch on Country of Origin Labelling (COOL), the United States' policy that has cut into Canadian beef producers' bottom lines.
"Cattle and live hogs are the two commodities that have been devastated by it," she explained. "And even though Canada and Mexico won the first round (against COOL) at the World Trade Organization, the 'fix' from the United States … actually made trade that much more difficult.
"It has had pretty dramatic price impacts at home just because of, in our mind, a crazy law that says it has to be segmented when we can see no reason for it," added Wasko. "Our industries are so integrated and have been historically, so it just seems ludicrous."
To register for the event or for further information, visit the FCC's website at fcc.ca/learning.