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Saskatchewan Cattle Market Continues Upward Trend

Feeder steer and heifer prices were higher across all the reported weight categories last week.
 
The largest price increase for steers occurred in the 400-500lb weight category, increasing $4.05 per hundred weight to end the week at an average price of $239.00 per hundred weight.
 
While Saskatchewan feeder heifer prices saw the largest increase in the 800+ pound category, up $7.71 per hundred weight to end the week at an average price of $163.59 per hundred weight
 
The weekly average steer price, across all reported weight categories, was $204.82 per hundred weight, the weekly average heifer price across the reported weight categories was $181.85 per cwt in Saskatchewan.
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Regulations help markets and industry exist on level playing fields, keeping consumers safe and innovation from going too far. However, incredibly strict regulations can stunt innovation and cause entire industries to wither away. Dr. Peter James Facchini brings his perspective on how existing regulations have slowed the advancement of medical developments within Canada. Given the international concern of opium poppy’s illicit potential, Health Canada must abide by this global policy. But with modern technology pushing the development of many pharmaceuticals to being grown via fermentation, is it time to reconsider the rules?

Dr. Peter James Facchini leads research into the metabolic biochemistry in opium poppy at the University of Calgary. For more than 30 years, his work has contributed to the increased availability of benzylisoquinoline alkaloid biosynthetic genes to assist in the creation of morphine for pharmaceutical use. Dr. Facchini completed his B.Sc. and Ph.D. in Biological Sciences at the University of Toronto before completing Postdoctoral Fellowships in Biochemistry at the University of Kentucky in 1992 & Université de Montréal in 1995.