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
It’s been a busy week in the beef markets, impacted largely by growing North American beef and pork supplies, spotty feed availability, and the August 9th fire at Tyson’s beef processing plant in Kansas. Regular RealAgriculture guest Anne Wasko of the Gateway Livestock Exchange spent some of her week in Calgary, at the Canadian Beef… Read More
Canada’s food retailers have been looking to reduce competitive price wars — but it’s not enough to ease continued food inflation. That’s market analyst Kevin Grier’s take on what’s happening across Canada’s food retail landscape. Earlier this week, Grier joined RealAg Radio host Shaun Haney to discuss his latest Grocery Trade Report and says grocery retailers may… Read More
In addition to maintaining or improving current trade relations, the Canadian Cattlemen’s Association (CCA) is also focused on diversifying beef exports. However, the work comes with challenges. Back in June, China had requested Canada to hold off its export certificates to the country. Since then, the Canadian Food Inspection Agency (CFIA) has submitted the technical… Read More
Ontario’s minister of agriculture is asking — again — that the federal government move on with resolving large-scale trade issues with China, and that the feds provide compensation for the meat sector in the meantime. Following up on a request made in early July and post-federal-provincial-territorial (FPT) meeting of agriculture ministers at Quebec City, Minister… Read More
The calendar has flipped into August and cattle producers are looking forward to the fall yearling and feeder run. During the past week, live cattle struggled to gain momentum but ended up fairing better than lean hogs in the face of heavy selling of pork futures. There is a lot of pressure on hogs due… Read More
The Ontario Independent Meat Processors (OIMP) will be diving more into the issue around labour shortages along with market access in a three-part initiative. Recently, OIMP received money from the Canadian Agricultural Partnership and will be using it to explore and identify what’s holding back the industry when it comes to expanding their markets. “Labour… Read More
Canada Pork International (CPI) has received $6 million from the federal government to grow its pork exports in priority markets. “AgriMarketing funding is fundamental to Canada Pork International programs and services. It supports CPI’s growth and demand building programs globally as well as the sales development efforts from our members,” says Martin Lavoie, president, and… Read More