Fast times are upon us in the North American beef industry. Feed is cheap, calves are in short supply, and credit is a hot commodity. Today Anne Wasko and Shaun focus on the calf market. In particular the rate at which Canadian ranchers are not retaining heifers. As Anne will share with you, the US… Read More
Category: Meat Markets
Snow and freezing temperatures arrived earlier than welcomed in parts of Western Canada this week. We also saw a bearish market report from the USDA and some new developments surrounding the privatization of the Canadian Wheat Board. It was also a week on the road for the RealAg team, as Shaun, Lyndsey and Bern attended… Read More
It appears demand for beef has remained strong despite the high prices at the meat counter. As part of the latest RealAg Beef Market Update, Shaun Haney and Anne Wasko of Gateway Livestock Exchange discuss the recent rally in cattle futures and how demand for beef has held. “All the proteins have moved higher. Pork is… Read More
It’s not something that’s been said often in the last decade, but now is a great time to be in the cow-calf business, as cattle producers are seeing all-time record high prices. “We’re running about 60 cents to a dollar a pound higher than we were last year at this time,” says Rick Wright, the… Read More
Jamaica recently approved all imports of beef from Canada, according to a Government of Canada press release. Effective immediately, Canadian producers can export beef to Jamaica, with full access now restored after the closure of this market in 2003 due to BSE. Canada Beef Inc. estimates that the Jamaican market for Canadian beef is annually… Read More
What a first seven months of the year for the cattle markets. Did anyone see the market having so much fuel to the upside like it did? But what about the second half of 2014. Get caught up on any of the Beef Market Updates you may have missed Shaun Haney and Anne Wasko discuss… Read More