Quote:
Originally Posted by jofillips
well surely this is all great news for alberta??
i assume albertan beef producers are supplying the chinese market, and i know the increase price of a loaf here in britain means prairie farmers get more for their wheat.
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For the most part, this is a grain boom, muted somewhat by higher fuel costs.
Cattle producers are suffering as grain is an input cost. With a par dollar, it's not a great time to be a cattle producer I believe.
It's interesting to note that because of the actions taken by the wheat board, farmers in Manitoba and other places plant excessive amounts of some products. Their business decisions are not based off demand in the market place, but by what the wheat board sets prices at.
I would assume the vast array of European subsidies are far more influential.
Cowperson