Cattle Producers Have the Beef but Aren’t Getting the Bucks

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or feedlot operator Ryan Kasko, the big factor is plain to see — a shortage of processing capacity in Canada

“One of the biggest challenges is that there are too many cattle in North America for the capacity that the packers have to process them,” said Kasko, CEO of Kasko Cattle Company in Coaldale.

“Beef demand is really, really strong, so prices (for beef) went up and they remain very strong,” said Kasko. “That’s really largely why prices are high for beef.

“But the money hasn’t flowed back to producers because there’s an abundance of cattle that are ready in the near term.”

Full article here: Cattle producers have the beef but aren’t getting the bucks