What a first seven months of the year for the cattle markets. Did anyone see the market having so much fuel to the upside like it did? But what about the second half of 2014. Get caught up on any of the Beef Market Updates you may have missed Shaun Haney and Anne Wasko discuss… Read More
There’s certainly no need to begrudge ranchers and feeders making money on cattle right now. After all, cattle markets rise and fall in waves, and it’s nice to be at the top now and again. Lower average cost of production coupled with strong demand and a tight supply have all aligned to create a profitable… Read More
In this weeks Beef Market Update with Anne Wasko, Shaun and Anne discuss the strong Western Canadian fed cattle market, a tight basis, strong retail prices / demand and ranchers waiting for the grass to green up. As per usual there is some fun as well. Anne has to console Shaun because he is devastated… Read More
There are good times and there are bad financial times for cattle producers. So far 2014 has been a period of very positive margins. As feeder and live cattle prices have soared higher, the Canadian Dollar and feed costs have lowered quite rapidly. This has put pressure on feedyards to find additional financing requirements in… Read More
Its the beginning of February which means it is time for the annual National Cattleman’s Beef Association (NCBA) meeting. With the cash market higher and feed prices lower than a year ago, cattle producers are seeing some strong margins and reasons for putting increased cattle on feed. Shaun Haney and Anne Wasko discuss the meeting… Read More
With an expected Stats Can report maintain the status quo in the cow herd numbers next month, the current state of tight cattle inventory isn’t going away any time soon. Low cattle stocks, a sinking loonie and cheaper feed all spell opportunity for Canada’s beef industry, but it’s not all green grass and juicy steaks…. Read More
Change is constant. The year of 2013 has brought significant changes to the market conditions for feedyard operators and ranchers across Canada. Not only have prices for fats and feeders risen, but the Canadian Dollar and feed prices have dropped lower. When you add all this up it means that margins for producers are in… Read More
The tide seems to be turning in the area of cattle feeder profitability with live cattle futures swinging upwards and feed prices trending downward. All of this will be for not if you do not manage your risk and lock in some profits. As Anne Wasko mentions in this weeks Beef Market Update, you need… Read More
In this edition of the Beef Market Update, Anne Wasko and Shaun Haney catch up on a few weeks’ worth of news and market moves. Mid-November fat cattle supplies remain tight, leaving the feeder with a bit of leverage right now to, as Wasko says, “grind the market up into mid 120s, the highest we’ve… Read More
Who can complain about $1,000 calves, lower feed prices and actual positive feeding margins? Well maybe cash croppers….. It is starting to look like it is the beef producers turn to make some money in this economic tug-of-war. But wait, there are some issues standing in the way of profits and smooth sailing. As… Read More
In this edition of the Beef Market Update for late September, Anne Wasko, marketing analyst with Gateway Livestock Exchange, offers commentary on last week’s on-feed cattle report out of the U.S. that added to the bullish outlook there. The hiccup is, she explains to RealAgriculture.com editor Lyndsey Smith, that the same bullish factors of tight… Read More
Prices are firm, feed costs are looking softer and there’s plenty of green grass still late in the year. Let’s call it a good place to be before the moving and shaking of the fall calf run. As Anne Wasko, of Gateway Livestock, says in this edition of the Beef Market Update, fat cattle prices… Read More
If your grain-farming neighbour is wincing at crop prices and that makes you smile, you might be a cattle producer. And so begins a series of events and conditions converging to support solid cattle prices for the near term. As you’ll hear in this interview with Anne Wasko, of Gateway Livestock, cattlement are enjoying strong… Read More
The interesting news on the cut-out front is that the Canadian AAA cut-out has finally caught up to the equivalent US Choice cut-out (in Canadian dollar terms). At the end of July the AAA cut-out was reported at $194. Meanwhile the Choice of $188 converted to $193 Canadian equivalent or $1 lower than the Canadian… Read More
Mid-summer is typically a lower price window in the cattle market, and this year is no different. What is different, however, versus the last few summers, is the cattle-feeder friendly weather and crop prices building for this fall. As Shaun Haney and Anne Wasko, of Gateway Livestock, discuss in this latest Beef Market Update, seasonal… Read More
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