July was a strong month in the beef market both for the U.S. and Canada according to Anne Wasko, market analyst with Gateway Livestock Exchange. “On the U.S. front, strong pork and beef exports continue to be the story,” she says adding that in July alone, beef exports from the U.S. to the rest of the… Read more »
Tag: Anne Wasko
RealAg Radio, Sept 7: Goodbye, so long, until next time Kelvin Heppner
Friday on RealAg Radio was a special day of wishing Kelvin Heppner all the best in his quest to become a full-time farmer. After four years with RealAgriculture, Kelvin definitely left his impression on the ag media industry and the audience. Today’s show features: Well wishes for Kelvin from Shaun – We all have dreams… Read more »
Beef Market Update: A lot of mouths to feed
You might be forgiven for thinking that every fall is the same when it comes to cattle leaving the summer range and heading off to the auction ring. Every fall is different and every fall farmers study the markets to see how they can best react to what they see coming up. Anne Wasko, market… Read more »
Beef Market Update: Anticipating an early fall run
Excessive heat has taken its toll on pastures, hay supplies, and water consumption for cattle, and while this may not be a big market issue today, Anne Wasko, of Gateway Livestock, says that these factors will mean an earlier, stronger fall run. That’s just one of the topics discussed in this week’s Beef Market Update…. Read more »
Beef Market Update: Quiet trade week as we get closer to the halfway point of summer
As our beef market expert Anne Wasko puts it, ‘It was the dog days of summer —but for the beef industry’ last week. It was a quiet trade week, and the cattle that did trade looked about $2 lower than the average price this year — however, it’s not a big surprise due to the… Read more »
RealAg Radio, July 27: A surprising top export, the importance of CETA, & a beef market update
RealAg Radio host Shaun Haney starts the show on a high note by reading a pretty impactful tweet from John Kowalchuk about hardworking farmers. From there, we head into the news, where you’ll hear about: How the feds registered a surplus of $3.2 billion The U.S. released its GDP figures, and they’re up 2.2 per… Read more »
USDA Cattle on Feed report hints at need for continued consumer demand
The latest USDA Cattle on Feed report shows once again that the “wall” of cattle was not an unreasonable description. Thankfully, sustained consumer demand has helped greatly. The June report met expectations and further confirms what a bulk of analysts have been talking about the entire 2018 marketing year. Anne Wasko, with Gateway Livestock Exchange… Read more »
Beef Market Update: Strong demand, Canadian basis levels & packer margins for Cargill
It’s been a volatile couple of weeks in cattle futures, with the market giving back most of last week’s gains in the last few days. Meanwhile, cash prices in Western Canada have remained strong, reports Anne Wasko in this latest Beef Market Update, with average prices for fed cattle getting back into the mid-150s in Alberta…. Read more »
Beef Market Update: Live cattle futures hold following cash price recovery
When the live cattle futures are limit up, it’s a good day for cattle feeders. In these turbulent trade war times, any of the commodities will take a positive day. Cattle futures have been somewhat separated from the downward swing of soybeans, lean hogs, and wheat, but sometimes commodities are guilty by association. The table… Read more »
Beef Market Update: Lower cash trade and loonie, but strong exports
Through the spring of 2018, we have talked about several common themes for the cattle markets that impact the fundamentals of this market. Even though Live Cattle futures finished up over $2 on Friday, the trade has been quite choppy, which gives traders little confidence that we are headed higher from here. Here is a… Read more »
Beef Market Update – Strong beef demand, lower carcass weights, and the wall
It has been a busy week in the cattle markets, as Canada and the United States are on the brink of a trade war that we would not have imagined a year ago. Much of that is out of the control of feedyard owners and ranchers, but the impacts will most certainly be felt, depending… Read more »
Beef Market Update: “Frustrating” prices heading into grilling season
Live cattle led the futures market lower this past week, with cash prices in tow, thanks to large supplies hitting the market. Cash cattle values in Canada fell by ten to 12 dollars, while U.S. prices were five to six dollars lower on the week. What’s frustrating for beef producers is demand and retail prices… Read more »
Beef Market Update: Record basis levels set to change
The beef markets are riding an unusually high basis in both Canada and the United States, but that’s set to change. “So over the next eight weeks — between now and when June goes off — we will see the two converge,” says Gateway Livestock’s Anne Wasko, adding that in 2015 basis was +20 when… Read more »
Beef Market Update: Trade news and cold weather keeping folks up at night
Whether we’re talking calving or barbecuing, it’s not ideal when temperatures are 20 degrees below their seasonal normal. The delayed onset of spring is not doing ranchers any favours, with calves hitting the ground in difficult conditions this spring (if we can call it that). At the same time, with large cattle supplies hitting the… Read more »
Cattle and hog futures on a 30 day slide
Cattle and lean hogs futures have slid in the past 30 days as livestock producers look to protect themselves from downside risk. Besides oats, which are down 10% in the past month, the protein complex has been the worst performer of all the agricultural commodities in the last month. In the past 30 days: April… Read more »