Beef Market Update: Several Factors Pushing Cattle Prices to New Highs

It’s a refrain you can’t really ever tire of if you’re a cattle producer — cattle prices are up across the board, with no immediate end in sight.

That’s not to say there isn’t downside risk in this bull market (pardon the pun), but supply, demand, export markets and more are all colliding to support these lofty prices, says Anne Wasko, of Gateway Livestock Marketing, in this early summer edition of the Beef Market Update.

In this edition of the BMU, Real Agriculture’s editor Lyndsey Smith and Wasko talk last week’s cattle price highs, where the support is coming from, how to manage downside risk and what key piece of information we’re waiting on regarding mCOOL.

Listen here, if you can’t see the embedded player.


Lyndsey Smith

Lyndsey Smith is a field editor for RealAgriculture. A self-proclaimed agnerd, Lyndsey is passionate about all things farming but is especially thrilled by agronomy and livestock production.


Wheat prices jump into August — This week in the grain markets

This week, winter wheat prices touched a three-year high, but it didn’t last. Chicago SRW wheat prices for September 2018 gained 5 per cent or about 26 cents US/bushel to close at $5.56. While the December 2018 contract was up 5.4 percent — or nearly 30 cents — to finish a tad under $5.80. In…Read more »


Leave a Reply


This site uses Akismet to reduce spam. Learn how your comment data is processed.