It's the competition, competition and choice. Right now the differential between Canadian and U.S. pricing for feedlot cattle is called the basis. The wider the basis the less benefit to the producer. Competition can help narrow that basis.
November 19th, 2013 / 4:25 p.m.
General Manager, National Cattle Feeders' Association
It's the competition, competition and choice. Right now the differential between Canadian and U.S. pricing for feedlot cattle is called the basis. The wider the basis the less benefit to the producer. Competition can help narrow that basis.
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