Canada's dry weather may stem US cattle stampede across border

Parched pastures and crops in Western Canada are driving up cattle-feeding costs, and farmers and analysts expect the changing economics to stem a recent stampede of U.S. cattle being brought over the border. Canada imported 65,035 head of cattle from the United States from January through June, nearly double the pace of a year earlier when imports of U.S. cattle were at their highest level in 16 years, according to Statistics Canada. Most were young cattle to be fattened on feedlots. But dry Canadian conditions that have curtailed hay supplies are making it cheaper to fatten cattle in the United States. –Reuters Read more…