The volatility of the market is always a gut wrencher. The fundamentals of the beef market are still strong but the evidence of a correction this week was according to some very warranted. In this weeks Beef Market Udpate, Anne Wasko and Shaun Haney discuss this correction and the signs for the future. Additionally, Anne… Read More
Tag: Anne Wasko
Fast times are upon us in the North American beef industry. Feed is cheap, calves are in short supply, and credit is a hot commodity. Today Anne Wasko and Shaun focus on the calf market. In particular the rate at which Canadian ranchers are not retaining heifers. As Anne will share with you, the US… Read More
It appears demand for beef has remained strong despite the high prices at the meat counter. As part of the latest RealAg Beef Market Update, Shaun Haney and Anne Wasko of Gateway Livestock Exchange discuss the recent rally in cattle futures and how demand for beef has held. “All the proteins have moved higher. Pork is… Read More
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