The final numbers are starting to roll in for 2019 beef markets, and it appears that Canada is well-positioned for another good year. In this episode of the Beef Market Update, RealAgriculture’s Shaun Haney and Gateway Livestock’s Anne Wasko take a walk through 2019, considering the impacts of African swine fever, and where Canadian beef… Read More
The USDA released its latest cattle on feed report for December 1, 2019. Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totalled 12 million head, that’s up 2% year-over-year. Placements in feedlots during November totalled 2.09 million head, 5 per cent… Read More
Like most years in the cattle business, 2019 brought highs and lows that will be remembered and some points we’d rather forget. From high packer margins, to uncertain feed costs, to strong demand, this year brought many challenges and opportunities for ranchers and feeders. It’s time though to put 2019 behind us and look ahead… Read More
As the year winds down, the U.S. cattle market is showing strength, even with a seasonal pull back in prices, and a return to full processing capacity. Canada has been enjoying record exports to Japan, with continued demand for high quality, high grading product. But as we look ahead to the new year, it’s the… Read More
It’s been over two months since the Canadian Food Inspection Agency (CFIA) suspended the license of a beef slaughter and processing plant in Ontario, and the shutdown is taking a toll on the eastern Canadian beef industry. Toronto-based Ryding-Regency Meat Packers Ltd. saw the suspension of its Safe Food for Canadians license effective September 17,… Read More
The United States Department of Agriculture released its November 1 cattle-on-feed report, which saw results in line with pre-report expectations. Anne Wasko, of the Gateway Livestock Exchange, sums up the report below: “November 1 cattle-on-feed is up 1 per cent from last year at 11.8 million head. This is 7 per cent larger than the… Read More
Fresh off a big trip to New Zealand representing the Canadian Roundtable for Sustainable Beef, Anne Wasko, of Gateway Livestock Exchange, is back for a Beef Market Update. (Read more about Anne’s experience at the Global Roundtable for Sustainable Beef here) Here in the northern hemisphere, it was another good week in the U.S., with… Read More
It may just be the story we look back on for cattle markets in 2019 – both the United States and Canada have produced more beef, while at the same time, wholesale prices remain high. “That is a good news story. I don’t think we better get complacent though,” says Gateway Livestock Exchange’s Anne Wasko,… Read More
The United States Department of Agriculture has released its October 2019 edition of the U.S. Cattle on Feed report which showed cattle on feed down one percent in comparison to a year ago as of October 1. According to Anne Wasko of the Gateway Livestock Exchange, “There were no real surprises in the numbers this… Read More
While futures markets may be taking a bit of a breather, beef markets are holding strong, with trade into the U.S. and Japan up as well. “Well certainly markets in the U.S. have still been on an up-trend on the cash side,” says Anne Wasko, of the Gateway Livestock Exchange, in this episode of the… Read More
If April’s run-up in pork prices was any indication, continuous volatility in the global hog market could run up retail prices here in Canada in the coming months. Kevin Grier, of Kevin Grier Market Analysis and Consulting, says that African swine fever (ASF), the tenuous U.S./China trade truce, and soybean and hog export swings are… Read More
Chances are, if you’re the cook in the family you might have looked at the grocery store flyer at some point before hosting people for a big meal — especially a holiday dinner. One person who looks at the flyers on a frequent basis is Kevin Grier, of Kevin Grier Marketing and consulting. Why you… Read More
Beef markets are struggling for reasons beyond the usual annual low, as they search for information on when Tyson’s Kansas plant will be back up and running. South of the border, markets have continued lower for the last six weeks, with cut-outs backing off (but still way over a year ago), due to perceived disruption… Read More
This week’s Beef Market Update starts with one central question: What is going on with this cash market? Anne Wasko, of the Gateway Livestock Exchange, joins RealAg Radio host Shaun Haney to help answer this question, because, as Haney notes, many are disappointed with where the market is currently sitting. Wasko says that the impact… Read More
Canada Beef has launched an export market development (EMD) program aimed to stimulate market development activities and grow market segments in an effort to increase Canadian beef in the export market place, says president Michael Young. “It’s a new program that our committee just approved three weeks ago now, and what it does is it… Read More