There’s a lot of ground to cover in this week’s Beef Market Update, including price activity, cut-out value, demand, cash prices, and more. Anne Wasko of Gateway Livestock Exchange joins host Shaun Haney to break down all these topics. In the U.S., prices are still doing a see-saw action and the market’s held on remarkably… Read More
If you’ve been following the cattle markets, you’ll know that this week the Alberta fed cattle market lost some ground. This kind of behaviour is not exceptionally strange for a July cattle market, says Anne Wasko of the Gateway Livestock Exchange in the latest episode of the Beef Market Update. However, the market lost another… Read More
It seems to be par for the course that the cattle markets are doing a little bit of everything these days. Anne Wasko of the Gateway Livestock Exchange says from a price perspective, the U.S. market is up and the Alberta market is down. “In the U.S., most of the trade is in the north,… Read More
On previous episodes of the Beef Market Update, you’ve heard Anne Wasko of the Gateway Livestock Exchange talk about the cattle hangover that is going on in the fed cattle market. Well, we’ve got some good news: we are on our way out. Wasko says although the U.S. is getting on its feet too, the… Read More
It’s been another steady week for cash cattle trade in both the U.S. and Canada. Anne Wasko of the Gateway Livestock Exchange says that in the U.S., trade has been at $118-$119, and around $187-$191 dressed, while the storyline from previous weeks for cutout values continues. “Choice closed last night at $330 USD, which is… Read More
When it comes to summing up this past week in the beef market, Anne Wasko of the Gateway Livestock Exchange says there are two stories to look at when it comes to the cash market. In the U.S., the cash market didn’t really come up, unfortunately — it’s still sitting around that $119 mark. However,… Read More
If you’re a cattle feeder who’s been following the value of the Canadian dollar, you’ll know it’s not moving in the right direction for people in the export market. Combine that with rising feed costs and the price of feeder cattle, the input costs for the feeder are not headed toward higher profitability. Lethbridge barley… Read More
This cattle market is something right now, to say the least. Demand has been fantastic — exports are strong, and domestic consumption is there, and yet it’s not making its way back to the primary producer in terms of pricing, creating a frustrating situation for feeders. Anne Wasko of the Gateway Livestock Exchange says that… Read More
A lot is happening in the beef business right now, but we’re going to start off this week’s edition of the Beef Market Update with what is top of mind for many producers: revenue. Anne Wasko of the Gateway Livestock Exchange says the U.S. cash trade has been steady this week, but it follows on… Read More
It’s Thursday, and as we head into the Easter long weekend, we’re doing the Beef Market Update a day early. To start off, Anne Wasko of the Gateway Livestock Exchange says she has better news to report than two weeks ago based on the cash price — which seems to have some solid footing for… Read More
Many cattle feeders may be describing this year as one of the most disappointing cash markets they’ve seen in a long time, especially given the demand that is out there right now. “Stuck” is the word host Shaun Haney is using to describe it, while Anne Wasko of the Gateway Livestock Exchange is using “frustrating”… Read More
It’s time for another Beef Market Update, and since StatsCan recently released the January 1 numbers, we’re going to focus on inventory today. Anne Wasko of the Gateway Livestock Exchange says that there wasn’t really anything of surprise in the numbers, as the pattern of a contracting beef cow herd in Canada continues. “We did… Read More
If you’ve been paying attention to any form of media lately, chances are you’ve seen what is happening down in Texas with the weather. Pictures of burst pipes, a lack of heating, and all things frozen have been circulating across social media. Anne Wasko of the Gateway Livestock Exchange says she’s been following stories, and… Read More
There were big numbers in the beef market this past month for pricing, carcass weights, and harvest rates. Anne Wasko of the Gateway Livestock Exchange breaks it down for us in this Beef Market Update. As Wasko explains, the U.S. cash side of the market is a little higher again this week, landing at $114/cwt… Read More
We’re starting this Beef Market Update off on a positive note: retail demand. Retail sales are looking really strong as we head into the last week (?!) of January — and about a month out of the holiday season, notes Anne Wasko of the Gateway Livestock Exchange. As she explains, there is usually a bit… Read More