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Non-Cattle Specific Topics
Coffee Shop
Mexico's Beef Market
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<blockquote data-quote="HerefordSire" data-source="post: 694767" data-attributes="member: 4437"><p><em>As you know, currency differentials affects supply and demand intersections. So even though prices may be 20% lower in Canada year over year, prices could still be more attractive for the US to export because of the exchange rate. That is the point of my post. Our dollar should tank in the future versus the Canadian dollar. True, there may be a lag, as the export drop so far this year has been 10%, but she looks like she is going to run on another parabolic curve.</em></p></blockquote><p></p>
[QUOTE="HerefordSire, post: 694767, member: 4437"] [i]As you know, currency differentials affects supply and demand intersections. So even though prices may be 20% lower in Canada year over year, prices could still be more attractive for the US to export because of the exchange rate. That is the point of my post. Our dollar should tank in the future versus the Canadian dollar. True, there may be a lag, as the export drop so far this year has been 10%, but she looks like she is going to run on another parabolic curve.[/i] [/QUOTE]
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