Ranching groups have asked for an investigation into meat pricing, saying they aren’t seeing the same returns as packers. skpoli
Saskatchewan Stock Growers Association president Garner Deobald said even though some producers have seen better prices for their cattle, high costs across the board have kept margins thin, eating away at any profits they might have.We deliver the local news you need in these turbulent times on weekdays at 3 p.m.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
Will Lowe, president of the Saskatchewan Cattle Feeders Association, said many producers in the Swift Current area are feeling squeezed. Saskatchewan’s ending cattle inventory has seen a year-over-year decrease of 4.3 per cent. The inventory was 2.54 million by the end of June of this year, a decrease of 110,000 from 2.65 million reported by the end of June 2021.Earlier this summer, the SSGA had asked the provincial and federal governments to conduct an investigation into the imbalance of pricing.Article content
Since then, a federal agricultural committee was struck and has begun its study into food inflation. Canada’s Competition Bureau has also launched its own study into the grocery industry.
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