The 2012 fall feeder run seems to be moving at a very slow pace. Last weeks Canfax Cattle on Feed report would definitely confirm that.
All things considered, the slow feeder run may be a blessing in disguise as many of the cattle liners are busy shipping cattle south due to the XL Foods closure and many feedyards still need to move live cattle to bring new inventory into the lot.
Brian Perillat, Canfax Market Analyst discusses the Canfax Cattle on Feed Report and the coming impacts to cattle on feed if the XL Foods closure lasts longer than first intended.
If you cannot see the embedded video below click here.