Trade was slow to get moving this week in the U.S. In this Beef Market Update, Anne Wasko of the Gateway Livestock Exchange tells RealAgriculture’s Shaun Haney that this could be due to packers possibly dragging their feet on the choice cut out, which has lost some of its momentum. There is still a strong… Read More
Holiday season — the U.S. Thanksgiving and Christmas time of year — is around the corner, and that’s showing in the beef market. The upcoming holidays are impacting the choice cutout and while the chuck primal is starting to come off, the strength of the market is in the loin and rib cutouts, says Anne… Read More
Steady to higher seems to be the common theme in the majority of cattle markets throughout North America. In the southern U.S., it looks like the trades are going to come in steady to one higher and the north is pretty steady with last week, says Anne Wasko of the Gateway Livestock Exchange in this… Read More
In the Beef Market Update this week, Anne Wasko of Gateway Livestock Exchange and RealAgriculture’s Shaun Haney start the conversation with the good news that the U.S. fat cattle market in the south and the live market in the north appear to be gaining some ground, coming off of the early September lows. That being… Read More
Seasonality is a big part of the conversation in this week’s Beef Market Update with Anne Wasko of Gateway Livestock Exchange. In the last few years, the markets have been trending towards higher prices; however, as we start to steady out we are likely to start seeing a little more seasonality return to the cattle… Read More
Markets this week are ending the summer in a downward trend with both the U.S. and Canada having a down week in the cash, cattle, and wholesale markets. In the States, live, dressed and choice cutout all came in steady or lower. Labour Day buying is done and going into September it is back to… Read More
Live cattle trade in the south was quieter this week, and prices drifted lower says Anne Wasko of the Gateway Livestock Exchange, in this edition of the Beef Market Update. While trade has been quieter, there’s still plenty to discuss about what’s happening in the beef and cattle markets both in the U.S. and Canada…. Read More
The summer doldrums seem to be hitting the U.S. cattle markets this week, with trades coming in at around $2 less than last week, whereas the choice cutout held steady. While it may feel as though cutout is struggling a bit, Anne Wasko, of Gateway Livestock Exchange, reminds us in this week’s Beef Market Update… Read More
Depending on which side of the border you’re on, cut-out prices and placements drifted lower in the last two weeks, but stuck with seasonal trends, says Anne Wasko of the Gateway Livestock Exchange. U.S. on-feed numbers are expected to climb by about 3 per cent year over year based on June data, while cash markets… Read More
It was a busy holiday week for BBQs both in Canada and the United States. The holidays, combined with a plant closure in Kansas, all amount to less beef being processed this week. While there wasn’t a report from USDA on Thursday, markets closed Wednesday night with choice cutout at six and a half dollars… Read More
A mid-week U.S. holiday this week didn’t affect beef kill but closed futures and packers wanting to dial markets back from last week’s new cash high combined for slower trade for beef markets. In this week’s Beef Market Update, Anne Wasko with the Gateway Livestock Exchange, says cattle feeders want to keep the momentum rolling… Read More
Cash trade in the south and in Canada was pretty quiet this week, nudging off the start of June versus any real kickoff to the new month. In the U.S., slaughter was down this week too, bumping the cutout price a little in the post-Memorial Day shortened week, says Anne Wasko with the Gateway Livestock… Read More
Rain makes grain, sure, but rain also makes green grass which makes for a very happy Anne Wasko of the Gateway Livestock Exchange, who joins Shaun Haney for this episode of the Beef Market Update. Green grass in many parts of the Prairies is a welcome change compared to the last few years, and it’s… Read More
Cattle markets have been quiet throughout the American Midwest, with the choice market up from last week, but under where it was at the same time last year. The choice to select market is still under the five year average, according to Anne Wasko of the Gateway Livestock Exchange. This is a good indication that… Read More
After a decent start of better markets in terms of cash cattle, the futures market ended the week to the down side. This volatility is related to news around the ongoing outbreak of Highly Pathogenic Avian Influenza (HPAI), currently confirmed in eight U.S. states and in 33 herds of U.S. dairy cattle. Earlier in the… Read More
Cattle market moves are interesting this week, as prices move opposite directions in Canada and the U.S, demand for hamburger tidies up some supply, and feeder cattle movement remains strong. Every second Friday, the Beef Market Update brings you the latest in cattle movement numbers, beef export stats, value changes and so much more. This… Read More
Cattle markets reacted negatively to the news earlier this week of dairy cows testing positive for HPAI in Texas and Kansas. As Anne Wasko of the Gateway Livestock Exchange explains, it’s unfortunate but not unexpected to see a downward dip in futures when uncertainty creeps in to the marketplace. Cash trade in the U.S. was… Read More
There are reasons to feel some sustained optimism in cattle markets right now, as trade is holding steady while feed costs dip slightly, says Anne Wasko in this week’s Beef Market Update. Cattle prices held strong to steady this week in the more northern regions, which is good news, even if trade was quite light… Read More
We know the Canadian cattle herd has been shrinking, but by how much? In this week’s Beef Market Update, Anne Wasko shares the January 1, 2024 Canadian cattle inventory numbers and provides some context on not only what it means for the current beef and dairy cow herd, but also how the inventory breaks-down by… Read More
The cattle markets took a little breather this week, down from some of the highs set in January. It’s not unexpected for the time of year, says Anne Wasko with the Gateway Livestock Exchange, in this week’s Beef Market Update. Wasko hits on the latest round of cattle prices in the U.S. and Canada, before… Read More