Wednesday 10 October 2012

West Canada ranchers wait out beef recall, exports growing to U.S

Ground Alberta beef in seen in coolers at Bon Ton Meat Market in Calgary (Reuters) - Western Canadian ranchers and feed lots are holding slaughter-ready cattle back from market longer than usual, absorbing extra costs as they try to wait out the closure of one of the region's biggest processing plants due to a massive recall of tainted beef. But as the closure of the XL Foods Lakeside plant at Brooks, Alberta nears the two-week point, the industry will soon have to consider sharply increasing exports of slaughter-ready cattle to U.S. packing plants, said Brian Perillat, senior analyst at CanFax. ...




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