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
Beef markets are struggling for reasons beyond the usual annual low, as they search for information on when Tyson’s Kansas plant will be back up and running. South of the border, markets have continued lower for the last six weeks, with cut-outs backing off (but still way over a year ago), due to perceived disruption… Read More
This week’s Beef Market Update starts with one central question: What is going on with this cash market? Anne Wasko, of the Gateway Livestock Exchange, joins RealAg Radio host Shaun Haney to help answer this question, because, as Haney notes, many are disappointed with where the market is currently sitting. Wasko says that the impact… Read More
It’s been a busy week in the beef markets, impacted largely by growing North American beef and pork supplies, spotty feed availability, and the August 9th fire at Tyson’s beef processing plant in Kansas. Regular RealAgriculture guest Anne Wasko of the Gateway Livestock Exchange spent some of her week in Calgary, at the Canadian Beef… Read More
The calendar has flipped into August and cattle producers are looking forward to the fall yearling and feeder run. During the past week, live cattle struggled to gain momentum but ended up fairing better than lean hogs in the face of heavy selling of pork futures. There is a lot of pressure on hogs due… Read More
Barbecues may be firing up for the summer and worldwide protein demand may be holding steady, but the price of fed cattle isn’t quite so hot. “Not exactly exciting news – prices are lower – but…I would also point to the fact that we’ve got considerably more beef being produced this year in both countries,”… Read More
Beef markets this week felt the pressure of the Chinese request to suspend beef and pork exports from Canada. “It was a growing market that certainly our sellers of beef were focusing on,” says Anne Wasko, of the Gateway Livestock Exchange. “So when you have that close overnight, markets obviously this week have been in… Read More
Despite last Friday’s bullish Cattle on Feed report out of the U.S., markets on Monday opened with little impact, says Anne Wasko of the Gateway Livestock Exchange, in today’s Beef Market Update. The report listed the May 1 inventory of cattle and calves on feed for the slaughter market as the highest since the series… Read More
The May long weekend is the official kick off to the summer barbecue season, but the wet, cool weather trend doesn’t look like it’s going to let up for much of the country. Will this deter beef consumption? Will African swine fever’s impact on the hog markets boost beef retail sales through competitive pricing? Not… Read More
In this week’s Beef Market Update, Gateway Livestock Exchange’s Anne Wasko joins host Lyndsey Smith to talk about fed cattle markets, Canadian beef production demand, protein markets, and price insurance. “Usually by May, we can safely say in about eight or nine years out of ten, you’ve likely placed the highs for our fed cattle… Read More
Rumours of pretty strong Canadian beef exporter numbers for early 2019 weren’t an exaggeration as Statistics Canada’s official numbers puts January exports at a pedal to the metal pace. Confirming what the market heard anecdotally, StatsCan says beef exports to the Asia region in January were up 22 per cent year-over-year. Japan accounted for a… Read More
While we anxiously await early 2019 statistics, the final 2018 export numbers are in and, when it comes to beef, the numbers are solid. In this week’s Beef Market Update, Gateway Livestock Exchange’s Anne Wasko joins stand-in host Lyndsey Smith to talk about what’s lifting live cattle prices. You don’t have to look much farther… Read More
It’s that time of year when thousands of members of the cattle industry get together for the National Cattlemen’s Beef Association cattle conventions. This year’s event was at New Orleans, Louisiana, in the heart of a great city known for its cajun cuisine, late nights, and the most flamboyant of costumes. RealAgriculture’s cattle analyst Anne… Read More