Fat cattle markets in the U.S. headed down this week, at $3-$4 lower in the south, reflecting a larger downward trend since price peaks hit in September, says Anne Wasko in this week’s edition of the Beef Market Update. Western Canadian action was pretty quiet this week, with not a pile of volume in terms… Read More
Category: Meat Markets
As expected, cattle markets were a little quieter this week in light of U.S. Thanksgiving on Thursday. Still, there was plenty of trade, cattle-on-feed data, and export numbers released so that Shaun Haney and Anne Wasko of the Gateway Livestock Exchange have no shortage of news to discuss this week in the Beef Market Update…. Read More
Cattle markets have not had a great week. “It’s been a tough week, to be very blunt with you,” says Anne Wasko of the Gateway Livestock Exchange. “In the cattle markets, it doesn’t matter where you are, north or south.” For this not-very-rosy Beef Market Update, Wasko starts off where we usually do, with U.S…. Read More
British cheese companies are ramping up pressure on the UK government to reach a deal with Canada before they lose preferential market access in the Canadian market on December 31. With the deadline looming, the cheese import issue has been linked with Canada’s long-standing quest for increased beef market access into the UK. According to… Read More
There’s always something to cover in the beef and cattle markets, but this week marks a decidedly non-volatile week in trading. Anne Wasko, with the Gateway Livestock Exchange, brings an update from the south to the north and from beef prices to live weights in this episode of the Beef Market Update. The theme of… Read More
Cash cattle prices have remained “amazingly flat” in recent months, says Anne Wasko of the Gateway Livestock Exchange. “We’ve had basically two months of an Alberta fed cattle market, where we’ve been between $231-$235 per hundred weight. So we’re kind of done for trade up here for the week because of the holiday,” she says… Read More
If you’ve been watching live cattle futures, you know there is some significant strength making an appearance. The Chicago Mercantile Exchange (CME) has been hitting new contract highs when it comes to live cattle futures — signalling strong demand and prices for cattle feeders in the United States. However, as Anne Wasko of the Gateway… Read More
Now is the time for the beef markets to take a bit of a breather, as the retail buying is done headed into the Labour Day long weekend, and we wait for things to really start to pick up after September for Q4. Anne Wasko of the Gateway Livestock Exchange explains in this episode of… Read More
We’re midway through August, and the cattle market is beginning to pick up on both sides of the border. Beef market prices are continuing to improve, but questions surrounding whether demand can sustain a higher cutout are looming around as well. This week’s episode of the Beef Market Update takes a look at all of… Read More
Late last month, the United States Department of Agriculture (USDA), released their mid-year inventory report. In a couple of weeks, the Canadian numbers will come out as well, which will give us the opportunity to reflect and compare. Ahead of the CanFax report, Anne Wasko, of the Gateway Livestock Exchange shares in this Beef Market… Read More