Fresh off of one of the biggest barbecue weekends of the year in Canada and headed into another in the United States, the cattle market is paying close attention to retail sales and the effect on prices throughout the supply chain. At the same time, processing capacity has started to return following slowdowns and shutdowns… Read More
We’ve made it through another rough week, and as Anne Wasko of the Gateway Livestock Exchange says in this Beef Market Update, “thank goodness.” We know it’s been a tough go the past few weeks. Every day seems to be worse and worse, but as more packing plants begin to re-open, the worst seems to… Read More
The value of beef cutouts has reached record highs over the last few days, as packing plant capacity has been reduced by shutdowns in the U.S. and Canada. At the same time, those shutdowns have put immense pressure on cash cattle prices. “In the U.S. for the cash cattle that are trading, they are going… Read More
It’s been a difficult last few weeks in the livestock markets, to say the least. For much of the time we are all focused on making the right decision, but what has been weighing heavily on a lot of people lately has been trying not to make the wrong decision. A wrong decision in the… Read More
Just two short weeks ago, no one was really sure what was ahead for the COVID-19 virus lockdown and social distancing — but now cities are ghost towns, and grocery store shelves and coolers are suspiciously absent of some key items; beef, pork, and chicken among them. A flurry of retail buying may have emptied… Read More
What a week. Frankly, the last week and even two weeks has been wild enough — let alone the last 24 hours — as the impact of COVID-19 makes its way into North American travel bans, the stock market, oil prices, the Canadian dollar and more. The volatility has been extreme. Anne Wasko, of the… Read More
If you’re looking for good news, you may not find it in the cattle markets this week. Mounting concerns over the spread of coronavirus and the global economy are starting to play a significant role. Anne Wasko of the Gateway Livestock Exchange is considering this a black swan event akin to the fire in Kansas… Read More
In a stroke of good luck, both Anne Wasko of Gateway Livestock Exchange and Shaun Haney, host of RealAg Radio, were in San Antonio, TX this week to take in the National Cattlemen’s Beef Association’s annual convention. That means this edition of the Beef Market Update is a very special in-person recording, which makes the… Read More
In a world market where volatility is the name of the game, “steady” is probably more positive than negative. And that’s about where we are for this first full month of 2020, says Anne Wasko of Gateway Livestock Exchange. Nearly across the board — and across the border — prices are steady, cut out is… Read More
The final numbers are starting to roll in for 2019 beef markets, and it appears that Canada is well-positioned for another good year. In this episode of the Beef Market Update, RealAgriculture’s Shaun Haney and Gateway Livestock’s Anne Wasko take a walk through 2019, considering the impacts of African swine fever, and where Canadian beef… Read More
As the year winds down, the U.S. cattle market is showing strength, even with a seasonal pull back in prices, and a return to full processing capacity. Canada has been enjoying record exports to Japan, with continued demand for high quality, high grading product. But as we look ahead to the new year, it’s the… Read More
Fresh off a big trip to New Zealand representing the Canadian Roundtable for Sustainable Beef, Anne Wasko, of Gateway Livestock Exchange, is back for a Beef Market Update. (Read more about Anne’s experience at the Global Roundtable for Sustainable Beef here) Here in the northern hemisphere, it was another good week in the U.S., with… Read More
It may just be the story we look back on for cattle markets in 2019 – both the United States and Canada have produced more beef, while at the same time, wholesale prices remain high. “That is a good news story. I don’t think we better get complacent though,” says Gateway Livestock Exchange’s Anne Wasko,… Read More
While futures markets may be taking a bit of a breather, beef markets are holding strong, with trade into the U.S. and Japan up as well. “Well certainly markets in the U.S. have still been on an up-trend on the cash side,” says Anne Wasko, of the Gateway Livestock Exchange, in this episode of the… Read More
While choice cut out has come back down from its post-fire rally, the U.S. cattle markets are trending upwards after bottoming out roughly three weeks ago, says Gateway Livestock Exchange’s Anne Wasko. “Markets are making a move back up as far as cash cattle are concerned, so that’s good news following everything that happened back… Read More