The cattle market has had more than a few surprises lately. After maintaining momentum to the upside longer than expected, the market saw a quick adjustment to the downside this week, as Anne Wasko highlights in this latest Beef Market Update. “Not that the downtrend wasn’t expected, we’re heading into the summer. We’ve had a… Read More
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As the smell of barbecue fills the air in many neighbourhoods, this is normally the time of year when cattle market highs are well behind us. But the market moved against that trend this week, as live and feeder cattle futures, as well as cash prices, climbed higher. In this week’s edition of the Beef… Read More
Two weeks ago we were talking about higher highs and no where to go but down for the cattle market and thats exactly what we got. The market corrected over the past two weeks which could be fine long term technically. What has hurt Canadian feedyards is that the Canadian dollar has rallied over that… Read More
It was a wild and crazy run for the cattle markets this week, and the weekend could be the breather that funds and feedyards need. June live cattle finished the week up 3.45 percent, even with the severe limit down drop on Friday. In the last three months June cattle are up 21.44 percent, which… Read More
The cattle markets have seen two weeks of strong futures gains, which is bringing smiles to the faces of cattle feeders. With carcass weights lower in Canada and the United States, they’re are current and looking to fill empty pens as the cash market rises. The summer of 2016 is still fresh in cattle feeders minds… Read More
Trade has been the focal point for the beef industry in North America, lately, as both Canada and the U.S. search for export growth. It seems like we talk more about trade deficits and surpluses between countries than we have in a long time. This week in the Beef Market Update with Anne Wasko, Anne… Read More
With Brazil locked in a major bribery scandal that has closed most of its export markets for beef and chicken, the cattle market scrambles to understand the full situation. Brazil is the number one exporter of chicken in the world (40%) which means if borders are shut long term, chicken supplies will be extremely tight,… Read More
We all have our favourite months of the year. For some people, it’s December due to Christmas, or it could be April, because the cropping season begins, but right now the most critical month for cattle producers is March. It seems that many cattle analysts believe March may end up being a bit more bearish… Read More
It’s time for another episode of the Beef Market Update! Shaun Haney and Anne Wasko are fresh off their trip to Nashville and they have much to discuss. Canada has agreed that they will attend the the March “post-TPP” meeting in Chile with most of the other countries minus the United States. Also invited is… Read More
We’re kicking off the Beef Market Update with likely the most positive-sounding Anne Wasko we’ve heard since last spring (it’s not her fault, dem cattle markets, you guys). Kelvin Heppner steps in for Shaun Haney in this latest look at beef and cattle prices across Canada and into the U.S., and Wasko can’t help but… Read More
This week’s Beef Market Update isn’t just special because it’s festive, it’s also a rare ladies-only affair as Lyndsey Smith steps in for Shaun Haney this week as host. As always, Anne Wasko, of Gateway Livestock, fills us in on what’s top of mind for the cattle industry markets this week. From the Canadian cattle… Read More
It’s Agribition week in Regina, and Shaun Haney is there to take in all there is to see (and smell!). He managed to eek out enough time to catch up with Anne Wasko, of Gateway Livestock Exchange, for another edition of the Beef Market Update. Wasko starts with the recent USDA cattle on feed report that ended up… Read More
In the last month, live cattle prices have finally stabilized and it’s welcome relief for everyone in the cattle business. Fundamentally, what is supporting this stability? According to Anne Wasko, with Gateway Livestock, there are tighter cattle supplies, cattle feeders are current, carcass weights are lower than a year ago for the first time since… Read More
After hearing from Agriculture Minister Lawrence MacAulay on Monday’s inaugural show, we’re joined by his Conservative predecessor, Gerry Ritz, on today’s program. Ritz — who’s now the Opposition trade critic — shares his thoughts on the stalled Canada-EU trade talks, and why Canada should push forward on the Trans-Pacific Partnership, even if the U.S. isn’t… Read More
In a strange turn of events, cattle prices actually moved up a few days in a row. What’s going on? Was Friday’s cattle-on-feed report that supportive? Have retail prices finally pulled back and demand is climbing? To delve into what’s at work in the cattle markets, we go, as always, to Anne Wasko of Gateway… Read More