Every two weeks, Anne Wasko, with the Gateway Livestock Exchange, joins RealAgriculture for the Beef Market Update.
For this episode, Wasko is on with Lyndsey Smith, to talk about the cash trade, futures prices, packer margins, and heavy carcass weights of the last two weeks.
Summary:
- U.S. cattle market trends and the cold weather impact
- Cold weather impacts cattle performance, keeping feeder prices steady to higher
- Packers are seeing stronger cutout prices due to reduced beef production
- Carcass weights in Canada are increasing, with steer carcass weights up 47 pounds from last year
- Cattle on feed numbers in Alberta and Saskatchewan up 1%, with smaller kill in December
- Definitely increased interest in the cattle market with a return to profitability for many
Listen now or download for later for the full analysis!
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