The calendar is sliding into the dog days of summer — and grills across the continent are working overtime. That's good news for cattle markets, and to break down the cash prices, cattle movement, and inventory, we've got host of the Beef Market Update Shaun Haney with Anne Wasko of the Gateway Livestock Exchange.
In this update, the duo dish up the latest on price trends, cross-border flows, and offer a little love for the humble hot dog.
Here’s what you’ll hear in this episode:
- U.S. fed cattle market drifts lower. Kansas live trade softens to $222–$224, down $10 from recent highs
- Nebraska stays steady. Live cattle hold at $230–$232, with delivered trades at $368–$370
- U.S.-Mexico feeder cattle flow begins again, but at a trickle
- Alberta market only $1–2 off highs; asking prices at $505 delivered, with a ~$3 live average
- Cattle-on-feed inventory from June shows lower year-over-year in both Canada and U.S.
- Strong fall forward sales. October-November 550-lb steers averaging $519; heifers $520
- First-half of the year prices are impressive: Alberta fed cattle up 17% averaging $283; Slaughter cows lead the pack, up 28% to $209
- Grilling season peaks with premium cuts early, shifting to burger and hot dogs later in the season
Don’t miss Shaun’s defence of summer’s underrated classic: “You gotta have respect for the hot dog.” Mustard mandatory, debates welcome at [email protected].