Canadian Beef Prices Soar, Exports Plummet by 1975
The article discusses how demand, supply, and prices in the Canadian beef cattle sector are connected. The researchers created a model to understand these relationships, focusing on how exports to the U.S.A. impact the sector. They found that by 1975, domestic demand for beef and farm prices will go up, but exports of live cattle will decrease. The model also showed that the prices and production of feed grains play a crucial role in meeting the growing demand for beef.