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
Category: Meat Markets
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
Cattle and calves on feed in the U.S. for feedlots with capacity of 1,000 or more head totalled 11.2 million head as of July 1, 2023. The inventory number was two per cent below year-over-year, according to this USDA, falling in line with trade expectations. Anne Wasko of the Gateway Livestock Exchange says this trend… Read More
It is hot hot hot in many parts of North America right now. We are likely aware of how the heat is impacting us, but the question today for Anne Wasko of the Gateway Livestock Exchange is how is this impacting the cattle markets? In this episode of the Beef Market Update, Wasko explains that… Read More
The U.K. received the okay from Canada to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Saturday and typically pro-trade industry groups are voicing their deep disappointment in Canada’s decision to allow it. The Canadian Meat Council (CMC), Canadian Cattle Association (CCA), and the CanadianPork Council (CPC) released a joint statement following… Read More
We’re into the dog days of summer, and the cattle markets are certainly reflecting that. Add in the July 1st holiday in Canada, and July 4th in the U.S., and we’ve got a slow start to the markets this week, says Anne Wasko of the Gateway Livestock Exchange. However, that doesn’t mean we don’t have… Read More