We don’t have to say it twice: it’s been a frustrating year for many involved in the cattle community. As Anne Wasko of the Gateway Livestock Exchange explains in our latest Beef Market Update, the impacts of the 2021 drought won’t easily be forgotten, and and it’s not something that’s just going to go away…. Read More
Category: Meat Markets
In this week’s Beef Market Update, Anne Wasko of the Gateway Livestock Exchange breaks down the beef markets, including what’s going on in the U.S., whether or not their tides have permanently turned for choice cut-outs and choice select prices, and how western Canadian numbers are faring in comparison. The U.S. didn’t take a lot… Read More
The temperatures may be headed downwards and winter is on its way, but beef cattle prices aren’t going to be following that trend. “We’ve had another super week in the U.S. in terms of cash trade,” says Anne Wasko of the Gateway Livestock Exchange, in this week’s Beef Market Update. “Last week the market started… Read More
As November approaches quickly, many are asking where cattle producers are at with fall run, and what the market is looking like this year. Anne Wasko of the Gateway Livestock Exchange explains in our latest Beef Market Update that in order to understand where the market is with cows coming to town, we need to… Read More
There’s a lot happening in the cattle markets as we hit mid-October (?!) already. Anne Wasko of the Gateway Livestock Exchange says the markets south of the border have held mostly steady, at around $124 for live cattle in the south, and $124-$125 in the north, while noting the cutout drop-off we are still seeing…. Read More
How many calves are left for the fall run? The answer could be more than usual; however, with the dry conditions in 2021, it’s also possible the very early start to the run means there are fewer calves left to come to town. The answer to where the fall run volume — and prices —… Read More
This week was a bit of a wild ride in the markets following the JBS fire that occured in Granville Island, Nebraska. The plant — that has the capacity to process 6,000 head of cattle a day — is now back up and running, but it has many asking “how does this impact the cattle… Read More
As Anne Wasko, of the Gateway Livestock Exchange puts it, here in Canada “cattle slaughter has been outstanding.” Following some really good weeks, total Canadian harvests hit 72,400 this week, as Wasko explains in this week’s Beef Market Update. “Breaking that down into young cattle and cows, the steer and heifer kill is basically 63,000…. Read More
Starting this week’s episode of the Beef Market Update with Anne Wasko of the Gateway Livestock Exchange, is some positivity when it comes to trading fat cattle in both the U.S. and Western Canada. In the southern U.S., the fats are trading around the $122 mark, with the northern states around the $126-$128 mark, says… Read More
It’s been the story for weeks, but unfortunately, still a big one — there are large parts of the country that are facing drought, and it is severely impacting the beef industry. Seeing as this is the Beef Market Update, it wouldn’t be natural if we didn’t talk the price side of all of this… Read More
There’s a lot of ground to cover in this week’s Beef Market Update, including price activity, cut-out value, demand, cash prices, and more. Anne Wasko of Gateway Livestock Exchange joins host Shaun Haney to break down all these topics. In the U.S., prices are still doing a see-saw action and the market’s held on remarkably… Read More
The Alberta government is partnering with the Canadian Cattlemen’s Association, Alberta Beef Producers, and Alberta Cattle Feeders’ Association to undertake a competitiveness study that will provide strategic insights and data for the beef cattle industry. Announced July 14, Minister of Agriculture and Forestry Devin Dreeshen says that collaborating with industry is vital to growing and… Read More
If you’ve been following the cattle markets, you’ll know that this week the Alberta fed cattle market lost some ground. This kind of behaviour is not exceptionally strange for a July cattle market, says Anne Wasko of the Gateway Livestock Exchange in the latest episode of the Beef Market Update. However, the market lost another… Read More
On previous episodes of the Beef Market Update, you’ve heard Anne Wasko of the Gateway Livestock Exchange talk about the cattle hangover that is going on in the fed cattle market. Well, we’ve got some good news: we are on our way out. Wasko says although the U.S. is getting on its feet too, the… Read More
Several converging factors are putting the squeeze on the cattle value chain and industry dynamics, and the recent cyber attack on JBS has added another layer of disruption to an already stressed system. JBS announced the hacking, possibly Russian in origin, earlier this week. The cyber attack meant the company ceased slaughter in several plants,… Read More