This week’s Beef Market Update might be the most positive report we’ve posted in three very long months. In this week’s episode, Anne Wasko of the Gateway Livestock Exchange joins Shaun Haney to catch up on the early summer numbers ahead of a holiday weekend. To start off in the green, Canadian slaughter data for… Read More
Looking back even just six weeks ago, few would have thought it would be possible to be back at the cattle processing levels that we currently are in Canada and the U.S. Anne Wasko, of the Gateway Livestock Exchange, says that many changes have occurred over the past few weeks during the face of COVID-19…. Read More
We hear from Anne Wasko of the Gateway Livestock Exchange every other Friday in our Beef Market Update, but today we’re going in depth in this Thursday edition of RealAg LIVE! Anne joins host Shaun Haney to talk prices, markets, volatility, and so much more. (Summary available below the video) The boxed beef price has… Read More
As RealAgriculture’s Shaun Haney puts it: the interesting, fascinating beef market continues. Currently, there’s huge separation between the June live cattle futures and the cash price, with many taking bets on how that gap closes. Bulls believe there is pent-up demand while bears see a weak economy and restricted demand for the most expensive cuts,… Read More
We’ve made it to the end of another work-week. We hope you have some great plans for the weekend — whether it be sitting around a campfire, or out doing fieldwork. We’ve got a great lineup for you on today’s episode of RealAg Radio! You’ll hear: Anne Wasko of the Gateway Livestock Exchange, with a Beef… Read More
Fresh off of one of the biggest barbecue weekends of the year in Canada and headed into another in the United States, the cattle market is paying close attention to retail sales and the effect on prices throughout the supply chain. At the same time, processing capacity has started to return following slowdowns and shutdowns… Read More
We’ve made it through another rough week, and as Anne Wasko of the Gateway Livestock Exchange says in this Beef Market Update, “thank goodness.” We know it’s been a tough go the past few weeks. Every day seems to be worse and worse, but as more packing plants begin to re-open, the worst seems to… Read More
The value of beef cutouts has reached record highs over the last few days, as packing plant capacity has been reduced by shutdowns in the U.S. and Canada. At the same time, those shutdowns have put immense pressure on cash cattle prices. “In the U.S. for the cash cattle that are trading, they are going… Read More
It’s been a difficult last few weeks in the livestock markets, to say the least. For much of the time we are all focused on making the right decision, but what has been weighing heavily on a lot of people lately has been trying not to make the wrong decision. A wrong decision in the… Read More
What a week. Frankly, the last week and even two weeks has been wild enough — let alone the last 24 hours — as the impact of COVID-19 makes its way into North American travel bans, the stock market, oil prices, the Canadian dollar and more. The volatility has been extreme. Anne Wasko, of the… Read More
If you’re looking for good news, you may not find it in the cattle markets this week. Mounting concerns over the spread of coronavirus and the global economy are starting to play a significant role. Anne Wasko of the Gateway Livestock Exchange is considering this a black swan event akin to the fire in Kansas… Read More
In a stroke of good luck, both Anne Wasko of Gateway Livestock Exchange and Shaun Haney, host of RealAg Radio, were in San Antonio, TX this week to take in the National Cattlemen’s Beef Association’s annual convention. That means this edition of the Beef Market Update is a very special in-person recording, which makes the… Read More
In a world market where volatility is the name of the game, “steady” is probably more positive than negative. And that’s about where we are for this first full month of 2020, says Anne Wasko of Gateway Livestock Exchange. Nearly across the board — and across the border — prices are steady, cut out is… Read More
The final numbers are starting to roll in for 2019 beef markets, and it appears that Canada is well-positioned for another good year. In this episode of the Beef Market Update, RealAgriculture’s Shaun Haney and Gateway Livestock’s Anne Wasko take a walk through 2019, considering the impacts of African swine fever, and where Canadian beef… Read More
Like most years in the cattle business, 2019 brought highs and lows that will be remembered and some points we’d rather forget. From high packer margins, to uncertain feed costs, to strong demand, this year brought many challenges and opportunities for ranchers and feeders. It’s time though to put 2019 behind us and look ahead… Read More