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
Category: Beef Market Update
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
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
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
For many, branding season is quickly coming to a close. Calves are moving out to grass where possible, and the summer season is underway, says Anne Wasko of the Gateway Livestock Exchange. On this week’s episode of the Beef Market Update, host Shaun Haney and Wasko discuss a few key topics including western Canadian cattle… Read More
What does a wizard have to do with cattle prices? Nothing really, but it would seem that there are some zany factors at play in cattle production where somehow cattle prices are climbing even as feed costs are dropping. Is it magic? Not quite, says Anne Wasko of the Gateway Livestock Exchange, but prices are… Read More
Cattle markets have held their own over the last week, with prime grilling season underway heading into the Memorial Day weekend in the U.S. and Father’s Day around the corner. U.S. cattle prices this week ranged from one to three dollars higher, from south to north, explains Anne Wasko of the Gateway Livestock Exchange in… Read More
As the growing season really gets going across North America, we’re starting to see a little more hope on where the grass is growing, and there’s a bit more optimism out there in the pasture — especially in southwestern Saskatchewan, which has faced multiple years of hard drought and where this week’s Beef Market Update… Read More
If ever there was to be an all-good-news edition of the Beef Market Update, it may just be this week. Anne Wasko of the Gateway Livestock Exchange runs through the numbers south of the border, in the finished and feeder markets, and all the way down to grass cattle and the news is good to… Read More
Even though many are looking at the futures market for ’23 new crop prices, and there’s a little more positivity across drought areas in terms of upcoming precipitation, “what’s going in the mouths of cattle today is still old crop.” So, as a result, we’re going to have to wait until the back half of… Read More
The story for the last couple of weeks in the cattle markets has been the cash market, and how it is responding on both sides of the border. In both the U.S. and Canada, the cash market has been extremely positive, says Anne Wasko of the Gateway Livestock Exchange. In this week’s episode of the… Read More
There are lots of things we are always keeping our eyes on in the cattle markets, but today, our eyes are on the fed cattle markets. Since our last Beef Market Update with Anne Wasko of the Gateway Livestock Exchange, the U.S. markets have taken a bit of a dive, while in western Canada we… Read More
If you’ve been following along with the cattle markets, you’ll know the choice cut out has faced some extreme gains over the past five weeks. Naturally, it makes sense that the markets are going to take a bit of a breather, says Anne Wasko of the Gateway Livestock Exchange, but that doesn’t mean we are… Read More