There is no room on the range for cattle, as shuttered slaughterhouses across North America due to the pandemic leave farmers nowhere to ship their animals.
FILE PHOTO: A herd of cattle is seen on a ranch owned by J.D. Hudgins Inc. in Wharton, Texas, U.S., April 30, 2020. REUTERS/Adrees Latif
“It’s a horrible situation for us to watch,” said Leighton Kolk, who normally ships 500 head of cattle to slaughter per week from his feedlot at Iron Springs, Alberta. Ryan Kasko, chairman of the Alberta Cattle Feeders’ Association, estimates there are up to 80,000 Canadian cattle awaiting slaughter, and the number may reach 250,000 head by July.But beef buyers are seeing anything but glut conditions.
“In the past two weeks, prices have gone up anywhere from $3 to $5 per pound. I find myself changing prices every two or three days.” Those prices are not reaching cattle farmers, however. Some packers offer no bids for cattle, while others offered prices that were 30% lower from January, Kasko said. Kolk and Kasko normally ship to two Alberta plants that together supply two-thirds of Canada’s beef, but are now coronavirus hotspots.
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