There’s a lot happening in the cattle markets as we hit mid-October (?!) already. Anne Wasko of the Gateway Livestock Exchange says the markets south of the border have held mostly steady, at around $124 for live cattle in the south, and $124-$125 in the north, while noting the cutout drop-off we are still seeing…. Read More
How many calves are left for the fall run? The answer could be more than usual; however, with the dry conditions in 2021, it’s also possible the very early start to the run means there are fewer calves left to come to town. The answer to where the fall run volume — and prices —… Read More
This week was a bit of a wild ride in the markets following the JBS fire that occured in Granville Island, Nebraska. The plant — that has the capacity to process 6,000 head of cattle a day — is now back up and running, but it has many asking “how does this impact the cattle… Read More
As Anne Wasko, of the Gateway Livestock Exchange puts it, here in Canada “cattle slaughter has been outstanding.” Following some really good weeks, total Canadian harvests hit 72,400 this week, as Wasko explains in this week’s Beef Market Update. “Breaking that down into young cattle and cows, the steer and heifer kill is basically 63,000…. Read More
Starting this week’s episode of the Beef Market Update with Anne Wasko of the Gateway Livestock Exchange, is some positivity when it comes to trading fat cattle in both the U.S. and Western Canada. In the southern U.S., the fats are trading around the $122 mark, with the northern states around the $126-$128 mark, says… Read More
It’s been the story for weeks, but unfortunately, still a big one — there are large parts of the country that are facing drought, and it is severely impacting the beef industry. Seeing as this is the Beef Market Update, it wouldn’t be natural if we didn’t talk the price side of all of this… Read More
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