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
Tag: Anne Wasko
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
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
The US cattle on feed report came out this afternoon. As feeders, ranchers and long traders are looking for reasons for a higher market next the week of November 21st, this report will leave them with limited answers on market direction. Read the USDA Report Anne Wasko describes the report: Today’s U.S. Cattle on Feed report… 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
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
While there have been a few days lately where cattle values have ended the day in the green, the trend is still headed lower. And quickly. Cattle futures are now at levels we haven’t seen since the fourth quarter of 2010. “We haven’t been here for a long time. We really weren’t expecting these levels this… Read More
Beef is facing stiff competition from other proteins as huge North American pork and poultry production is coinciding with big beef supplies. “We have issues on all sides of the fence. We’re looking at record production on both pork and poultry right in front of us,” explains Anne Wasko of Gateway Livestock in this Beef Market… Read More
With every bounce off of a new low in the cattle market, there’s hope prices have finally bottomed out. October live cattle futures in the U.S. have recovered by $7-8 in the last week, after dropping to around the $100 mark in the first week of September. “Hopefully we can look back, and I know… Read More
A frustrating summer has come to a head over the last few weeks, as already-weak cattle prices are on a streak lower. Cash prices in the U.S. have fallen to $110 per hundred weight, notes Anne Wasko of Gateway Livestock. “That’s the lowest they’ve been in five years, and that’s five bucks off of last… Read More
The inaugural Canadian Beef Industry Conference is underway in Calgary, Alberta this week, and this morning, RealAgriculture’s Shaun Haney and Gateway Livestock’s Anne Wasko took the opportunity to film a Beef Market Update in-person, in our studio on the trade-show floor. The duo started off talking about some of the good news in the industry, how we’re… Read More
With fat cattle prices in Alberta $40 lower than they were a year ago, the view from where the cattle feeders will be sitting come this fall’s sale season will look different than it did in 2015. “Estimated losses in July for cattle finishing in Alberta on a spot-to-spot basis are about $350 to the… Read More