Slaughter cows and bulls fully steady. Calf market $5-10 higher. One contributors steer calves averaged nearly $3000/hd. People are wondering how much higher this market can go. Nobody knows, but what we do know is that this market means business. All the fundamentals are sound. The cattle are actually worth what they’re trading for, the market is led by cash trade not by futures, and retail demand is very strong and it appears to be getting stronger. Exports are improving. Consumer sentiment is the highest it’s been in 2 years.  So, anything can happen but for now we have no reason to think that this strong market can’t continue into the new year. Also, we’ve been getting lots of questions about the prospect of tariffs in the new year. The answer to that question is not just unknown, it’s unknowable. It appears to be just a negotiating tactic. The financial markets reacted quickly but then went back to pre announcement levels within a couple days. So, the currency markets have basically shrugged it off. What we do know for sure is that we’re entering a period of uncertainty in trade and a more protectionist environment which is negative to all Canadian industries, not just agriculture. Oil is particularly vulnerable.  What we also know for sure is that the beef business is on extremely sound footing.  I think we’ll likely be ok. Ian.