Tag: Anne Dunford

Beef Market Update: Wild Finish to Amazing Year in Cattle Markets

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 »

Beef Market Update – Record US Cutout but Lower US Cattle Prices

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

Canadian Beef Market Update: Cow Slaughter – What Does this Mean for Heifer Retention

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 »

Beef Market Update – Cattle Packers Covered in Red Ink – Anne Wasko

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 »

Beef Market Update – Feb US Cattle on Feed Placement Down 14% in Comparison to Last Year

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 »

Beef Market Update – Breaking Down the NCBA and ABIC 2013 Conventions

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 »

Anne Gets Hitched at the NCBA Convention

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 »

Anne Dunford – Cargill Closes the Plainview Texas Cattle Plant

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 »

Beef Market Update – JBS, January Doldrums and the Latest in the Cattle Markets

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 »

Beef Market Update: Lock in Profits as Opportunities Arise in 2013

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 »

Beef Market Update — Holiday High Followed by Softening Demand

Last week’s U.S. beef market opened with the same strong numbers leading up to American Thanksgiving. By the end of the week, numbers had, as expected, weakened somewhat, as supplies increase in the U.S. In Canada, the reverse is true for supplies — as the fall run ends, the basis is tightening. Canadian cattle producers… Read more »

Beef Market Update – A Hurricane Hits the Beef Market?

The markets are volatile and could be described liked standing inside a hurricane at times.  Only this time the hurricane was real.  With Hurricane Sandy ripping through the east coast, the impacts on beef demand must be questioned. With the XL Foods hangover working its way out, feed yards and ranchers are trying to get… Read more »

Beef Market Update – XL Foods Plant Shutdown Creates Significant Basis Risk

With less cattle slaughter capacity in Canada, many ranchers and feedyards are concerned about the possibility for the feeder cattle and live basis to significantly widen.  A basis that gets too wide makes the current Canadian model unworkable. Currently the live cattle basis sites at 16-18 which is the same as last year at this… Read more »

Beef Market Update – XL Foods Plant Shutdown Raises Major Concerns for Beef Producers

The fallout from the XL Foods meat recall continues as the latest development has the CFIA shutting down the Brooks facility until corrective actions can be taken. In the meantime, consumer confidence continues to wane as the urban sector tries to wrap it’s head around what is happening. See all of all of the RealAgriculture.com… Read more »

Beef Market Update – Beef Recall Shakes the Market

The recent meat recall at XL Foods is just another issue to provide adversity to the Canadian cattle industry.  With one of two Western Canadian packers being forced to deal with a meat recall the lift lines have pushed an already wide basis wider.   Additionally, the topic of a struggling pork industry has left… Read more »