It’s been a wild finish to a wild year in the beef market, with prices dropping off over the last few weeks from the record highs set in November. While feeder cattle futures dropped by the limit for five consecutive days in mid-December, producers should not lose sight of the fact there’s still strong fundamental support for high cattle… Read More
Tag: Anne Dunford
Shaun Haney and Anne Wasko discuss the increase in US beef cutout prices versus the slumping cash price to feedyards. Is it all about packer margin or is there a bigger story yet to be told on beef demand through the summer. If you cannot see the embedded audio file, CLICK HERE
If you cannot se the embedded video player above, Click Here Anne Wasko and Shaun Haney discuss the recent cow slaughter prices. As Anne mentions to Shaun there is some interesting issues at play here. Domestic cow slaughter 1st quarter is down 7% while exports are double last year meaning that disposals are up 20%… Read More
If you cannot see the above embedded audio player, Click Here Anne Wasko and Shaun Haney discuss the finalization of the JBS – XL Foods US plant purchases, why cattle packing plants cannot seems to get current, whether there could be further packing plant closures, basis outlook and the possible scenario for higher live cattle prices in… Read More
If you cannot see the above embedded audio player, click here With growing speculation that feedyards in the US and Canada would be attempting to contain losses by limiting the amount of cattle they fed, the February placement number in the USDA Cattle on Feed Report confirmed it. The March 22, 2013 USDA Cattle on Feed report… Read More
February is a busy month for cattle conventions. The American industry hosted the National Cattlemans Beef Association convention and the Alberta cattle industry hosted the Alberta Beef Industry Conference. Anne Wasko (Dunford) represented RealAgriculture at both events this year. See More Beef Market Update Episodes In this episode of the Beef Market Update, Shaun Haney… Read More
Some people go to the NCBA to visit the immense trade show. Some go for the in-depth committee meetings. Some people even go just for the opening keynote speaker or the Cattlefax presentation. Apparently some people go south in the first week of February to get married before the NCBA convention. We would like to congratulate Anne… Read More
Cargill has announced that they will be shutting down its Plainview, Texas Cattle slaughter plant. Cargill cited a shrinking cattle supply as one of the reasons for the decision. Is this a big surprise, not really in terms of the excess capacity that is in North America. For Canada, the near term impact is a… Read More
Managing your risk continues to be the message that drives the decision making strategies of feedyards and ranches in Canada and the United States. One piece of stability to the Canadian market is the announcement that JBS will be exercising its option on the XL Foods purchase. All this and more in the Beef Market Update with… Read More
2012 is winding down, but optimism and fed cattle prices are up. Heading into to 2013, the Canadian beef cattle industry looks strong, although high feed prices are still weighing on the market. Our American friends are still struggling with a drought that isn’t resolving quickly, which may offer some support to prices in the… Read More