CanFax Manager and Senior Analyst Brian Perillat talks about the contributing factors, which led to the rebound of the Canadian cattle market this spring and why producers are in great shape heading into the summer season.

In this episode of the RRC – CanFax Market Drivers Report, Brian talks about why there has been some market improvement after a year of volatility and down trending markets, the effect a weaker Canadian dollar is having and why there will be a lot meat coming on to the market in 2017.

As the fall run is starting, producers are having to re-adjust their price expectations when marketing calves. Marketing decisions were relatively straight forward the last couple years for producers when they were selling calves at record high profit levels.

A cattle market analyst believes we will soon see an increase in livestock production. Brett Stuart with Global AgriTrends out of Colorado says the lower dollar has meant it has been harder for the U-S to export, but it’s been a different story here.

In this Rural Roots Canada CanFax Market Drivers Report: Why there is some cautious optimism in the market, why futures are seeing a bit of a bounce and an update on the Canadian dollar and feed grain prices.