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
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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
This episode of the Beef Market Update comes to you from Houston, Texas, as Anne Wasko of the Gateway Livestock Exchange reviews the events of the past week, down at the National Cattlemen’s Beef Association (NCBA) convention. To start off, Wasko says it was a good week for the U.S. cattlemen to be together, as… Read More
2021 won’t be forgotten anytime soon in the cattle world. The January 1, 2022, Cattle on Feed report from CanFax showed a 12 per cent increase in the number of cattle on feed from a year ago, with placements down a bit. As Anne Wasko of the Gateway Livestock Exchange explains in our latest Beef… Read More
With the rise of the omicron variant, we’re watching COVID-19 once again disrupt the supply chain. Anne Wasko of the Gateway Livstock Exchange says the markets are looking a bit defensive this week — especially the futures market. “We can see some of the slaughter disruptions that are going on with the absenteeism from COVID…. Read More
We don’t have to say it twice: it’s been a frustrating year for many involved in the cattle community. As Anne Wasko of the Gateway Livestock Exchange explains in our latest Beef Market Update, the impacts of the 2021 drought won’t easily be forgotten, and and it’s not something that’s just going to go away…. Read More
In this week’s Beef Market Update, Anne Wasko of the Gateway Livestock Exchange breaks down the beef markets, including what’s going on in the U.S., whether or not their tides have permanently turned for choice cut-outs and choice select prices, and how western Canadian numbers are faring in comparison. The U.S. didn’t take a lot… Read More
The temperatures may be headed downwards and winter is on its way, but beef cattle prices aren’t going to be following that trend. “We’ve had another super week in the U.S. in terms of cash trade,” says Anne Wasko of the Gateway Livestock Exchange, in this week’s Beef Market Update. “Last week the market started… Read More
On this Friday edition of RealAg Radio, you’ll hear a Beef Market Update with Anne Wasko,of the Gateway Livestock Exchange. You’ll also hear an issues panel featuring host Shaun Haney, as well as Lyndsey Smith and Kelvin Heppner of RealAgriculture.. They’ll talk about: The next federal cabinet; COP26; Container logistics; and, Lobbying Thoughts on something… Read More