August is starting out with an optimistic undertone in the cattle markets with fed cattle prices faring better than analysts may have predicted. In the southern U.S., prices are rounding out around $1 higher at $136 towards weeks end, whereas the north is holding a premium at $142 to $146 and their dressed market is… Read More
Thanks for tuning in to RealAg Radio! Join Shaun Haney, Lyndsey Smith and Kelvin Heppner on the RealAg issues panel as they tackle fertilizer sanctions, the FPT meeting, and the return of AIM. They are also joined by guest Anne Wasko for the Beef Market Update. Thoughts on something we talked about on the show?… Read More
As we approach the back half of July (!!), what many consider the dog days of summer have arrived. It seems the cattle markets would agree. In the southern U.S., Texas trade is sitting lower than it has been, at $136, says Anne Wasko, in this week’s Beef Market Update. In the northern U.S., it’s… Read More
Seeing as we’ve just closed out on the first half of 2022, we’re diving into overall beef production for the first half of the year on this week’s episode of the Beef Market Update. In Canada, beef production was up another 3 per cent, says Anne Wasko of the Gateway Livestock Exchange, between fed cattle… Read More
A question for many when they hear about inflation and rising prices is: how does this impact food, beef, and and what are the potential effects on demand? The extreme volatility doesn’t help anything either, says Anne Wasko, of the Gateway Livestock Exchange, in this week’s Beef Market Update. “One day it’s going to be… Read More
After a dreary few weeks, we’re starting this episode of the Beef Market Update on a positive note. Anne Wasko, of the Gateway Livestock Exchange, says on her ranch in southwest Saskatchewan, they got some rain, and hey, the markets are on the way up. The markets started out this week slow, but quickly picked… Read More
Stagflation, inflation, rising food costs…these are all factors that are creating murky waters in front of beef demand, if you look at the rest of the 2022 calendar year. Anne Wasko of the Gateway Livestock Exchange says in our latest Beef Market Update, that even if you look at live cattle futures, and live cattle… Read More
The U.S. cattle market was steady again this week, continuing to chop, chop, chop sideways, with cut out prices climbing slightly, though still at sluggish pace. Here in Canada, the average weekly price is in the low 170s, and, according to Canfax, that’s the first time since 2017 the weekly average has held in this… Read More
With May long weekends quickly approaching, many are starting to have barbecuing on the brain, which of course – is good news for the beef market. We definitely have enough supply for people to “chew” through…but the price on the shelves is certainly still high enough. So where is demand? Anne Wasko, of the Gateway… Read More
And just like that, it’s Friday again! On today’s show, we have a RealAg Issues Panel, featuring host Shaun Haney, Kelvin Heppner and Lyndsey Smith of RealAgriculture, as well as Stuart Person, of MNP. The group discusses crop pricing, inflation, inputs, planting, and more. As well, Anne Wasko, of the Gateway Livestock Exchange joins in… Read More
It’s no surprise that many cattle feeders are still facing negative margins. The combination of negative margins and a basis wider than we would like to see have created a question for many, says Anne Wasko of the Gateway Livestock Exchange. From the producers’ perspective, what do we need to do to make this basis… Read More
When we look at the cost of gain, it’s historically high. As Anne Wasko of the Gateway Livestock Exchanger explains in our latest Beef Market Update, we have reached record highs for cost of gain — with the second highest year on record being last year. “We’re in this environment, the last two years, where… Read More
As the calendar makes its way through March, Anne Wasko, of the Gateway Livestock Exchange, says we are running short on time for a surprise spring rally. On the demand side, things are looking really good. However, it’s posing a bit of a problem, as it’s not translating to the cash cattle side, do to… Read More
As the situation continues to unravel in Ukraine, many in the agricultural industry are following the markets, and trying to get a handle on the impacts. This week’s Beef Market Update is no different. Anne Wasko of the Gateway Livestock Exchange says we have often talked about uncertainty and volatility in the last few years… Read More
It’s a good news, complicated news, good news sandwich for this week’s Beef Market Update with Anne Wasko of the Gateway Livestock Exchange. The good news comes in the form of cash prices, which showed strength this week, up about $2, putting south Texas and Kansas numbers around $142. In the north, numbers hit between… Read More
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