A lot is happening in the beef business right now, but we’re going to start off this week’s edition of the Beef Market Update with what is top of mind for many producers: revenue. Anne Wasko, of the Gateway Livestock Exchange, says the U.S. cash trade has been steady this week, but it follows on… Read More
It’s Thursday, and as we head into the Easter long weekend, we’re doing the Beef Market Update a day early. To start off, Anne Wasko of the Gateway Livestock Exchange says she has better news to report than two weeks ago based on the cash price — which seems to have some solid footing for… Read More
Many cattle feeders may be describing this year as one of the most disappointing cash markets they’ve seen in a long time, especially given the demand that is out there right now. “Stuck” is the word host Shaun Haney is using to describe it, while Anne Wasko of the Gateway Livestock Exchange is using “frustrating”… Read More
It’s time for another Beef Market Update, and since StatsCan recently released the January 1 numbers, we’re going to focus on inventory today. Anne Wasko of the Gateway Livestock Exchange says that there wasn’t really anything of surprise in the numbers, as the pattern of a contracting beef cow herd in Canada continues. “We did… Read More
If you’ve been paying attention to any form of media lately, chances are you’ve seen what is happening down in Texas with the weather. Pictures of burst pipes, a lack of heating, and all things frozen have been circulating across social media. Anne Wasko of the Gateway Livestock Exchange says she’s been following stories, and… Read More
There were big numbers in the beef market this past month for pricing, carcass weights, and harvest rates. Anne Wasko of the Gateway Livestock Exchange breaks it down for us in this Beef Market Update. As Wasko explains, the U.S. cash side of the market is a little higher again this week, landing at $114/cwt… Read More
We’re starting this Beef Market Update off on a positive note: retail demand. Retail sales are looking really strong as we head into the last week (?!) of January — and about a month out of the holiday season, notes Anne Wasko of the Gateway Livestock Exchange. As she explains, there is usually a bit… Read More
It’s the early days of 2021, but we’re hoping for a great year in the beef markets. Will that be the case? Anne Wasko of the Gateway Livestock Exchange says although we are are off to a bit of a slow start, the futures market is telling us change is coming. Markets are in what… Read More
Each year, Shaun Haney asks Anne Wasko of the Gateway Livestock Exchange what wishes she’d grant for the cattle markets if she could. (Don’t look back at what she wished for 2020, who could have predicted 2020?) If Santa is in the business of delivering some big-picture gifts for 2021, here’s what Wasko wants: Better… Read More
It’s been a mild December so far across the country, and although we will need some more moisture on the ground before the spring, most are sure enjoying it right now. Anne Wasko of the Gateway Livestock Exchange couldn’t agree more. And although the weather may be making us happy, the cattle market has been tough… Read More
It’s U.S. Thanksgiving week, and it felt like a bit of an odd week with the markets being closed on Thursday and partially open on Friday. However, never fear — we’ve still got the Beef Market Update for you! Anne Wasko of the Gateway Livestock Exchange says that because of the holiday, the U.S. did… Read More
September beef export trade data is in, and, following a good July and August, the numbers are a bit disappointing. “We’ve been talking about trade a lot because we know both the U.S. and Canada have a pile of beef that we need to get through, and obviously export markets are an important piece of… Read More
To say the futures market took a bit of a nosedive this week would not be an exaggeration. It has, however, been doing its best to try to recover some of those losses. Anne Wasko of the Gateway Livestock Exchange says in the latest Beef Market Update that the moves have been very volatile lately…. Read More
Many ranches across the prairies are getting into the weening season, which can mean only one thing — the weather is changing, and it’s changing rapidly. The weather isn’t the only thing that has been cooling down though — December live cattle futures dropped significantly over the past week, as Anne Wasko, of the Gateway… Read More
If you’re new around here, the Beef Market Update’s goal is to provide the most current information on beef exports, pricing, carcass weights, and boxed beef prices. Every second Friday, Anne Wasko of the Gateway Livestock Exchange joins us to cover what’s happening in markets both in Canada and the U.S. This week, U.S. trade… Read More
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