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TitreDateDurée
Beef Market Update: Slow moving trade and record retail prices08 Nov 202490:38:06

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

Beef Market Update: Sizzling pre-holiday demand supporting prices25 Oct 202468:27:29

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

Beef Market Update: Slower trade, shifting leverage, and strong export demand21 Jun 202469:30:17

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

Beef Market Update: Quiet cash market, currency risk/reward, and fat cattle exports07 Jun 202450:49:58

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

Beef Market Update: Green grass, shorter supplies, and firing up the grilling season24 May 202423:28:16

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

Beef Market Update: U.S cattle markets quiet while Canadian producers ride a price high10 May 202483:44:43

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

Beef Market Update: Volatility in U.S. cattle markets contrasts gains in Canadian fat cattle prices26 Apr 202411:40:34

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

Beef Market Update: U.S. cattle markets continue to drift lower as Canadian fat cattle price ticks up12 Apr 202458:54:19

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

Beef Market Update: Ripples of uncertainty, placement number swings, and pork winning the Easter weekend29 Mar 202418:31:08

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

Beef Market Update: Steady cattle markets, big carcass weights, and beef import stats15 Mar 202482:43:13

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

Beef Market Update: Quiet cash trade, heifer numbers, and the lowest cattle inventory since 198901 Mar 202463:51:14

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

Beef Market Update: Smaller placements, bigger carcasses, and a need for sustained optimism16 Feb 202425:02:19

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

Beef Market Update: The economics driving heavier carcass weights11 Oct 202455:08:47

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

Beef Market Update: The pace of heifer placements, persistent drought, and strong calf prices01 Feb 202417:55:13

What’s better than a Beef Market Update a day early? A Beef Market Update recorded in person! On this episode of the Beef Market Update, host Shaun Haney and Anne Wasko, of Gateway Livestock Exchange, sit down face to face to discuss: What happens at #CattleCon and what reports and analysis is up for discussion… Read More

Beef Market Update: Bitter cold, cooling prices, and heavy, heavy carcasses19 Jan 202429:38:40

Every two weeks, Anne Wasko, with the Gateway Livestock Exchange, joins RealAgriculture for the Beef Market Update. For this episode, Wasko is on with Lyndsey Smith, to talk about the cash trade, futures prices, packer margins, and heavy carcass weights of the last two weeks. Summary: U.S. cattle market trends and the cold weather impact… Read More

Beef Market Update: Wholesale price trouble, packer margins, and very heavy carcass weights05 Jan 202445:22:27

The first three months of the calendar year aren’t historically much to write home about for the cattle markets, and this first week of January 2024 is living up to the ho-hum expectation. There’s still plenty to be watching, however, and Anne Wasko of Gateway Livestock Exchange says that ample supplies of beef are definitely… Read More

Beef Market Update: Wrapping up the market year on a flat note20 Dec 202332:48:24

Cattle are still bought, sold, and processed over the holiday season, but it’s typically a quieter time for bids and prices. Still, there’s plenty to talk about as we head towards the twilight zone of the week between Christmas and New Year’s Day. In this earlier-than-usual edition of the Beef Market Update, Shaun Haney and… Read More

Beef Market Update: Price lags, sliding off the highs, and the disappearing cow herd08 Dec 202328:26:12

Fat cattle markets in the U.S. headed down this week, at $3-$4 lower in the south, reflecting a larger downward trend since price peaks hit in September, says Anne Wasko in this week’s edition of the Beef Market Update. Western Canadian action was pretty quiet this week, with not a pile of volume in terms… Read More

Beef Market Update: The holiday lull, cattle placement surprises, and questions about demand, Nov 24, 202324 Nov 202362:03:16

As expected, cattle markets were a little quieter this week in light of U.S. Thanksgiving on Thursday. Still, there was plenty of trade, cattle-on-feed data, and export numbers released so that Shaun Haney and Anne Wasko of the Gateway Livestock Exchange have no shortage of news to discuss this week in the Beef Market Update…. Read More

Beef Market Update: Prices tumble as market sits under a dark cloud10 Nov 202388:25:05

Cattle markets have not had a great week. “It’s been a tough week, to be very blunt with you,” says Anne Wasko of the Gateway Livestock Exchange. “In the cattle markets, it doesn’t matter where you are, north or south.” For this not-very-rosy Beef Market Update, Wasko starts off where we usually do, with U.S…. Read More

Beef Market Update: Futures tumble following cattle on feed report27 Oct 202391:37:33

The cattle markets took a tumble last week after the United States Department of Agriculture (USDA)’s Cattle on Feed report surprised traders with higher than expected cattle placements. September cattle placements were up six per cent compared to last year, and four per cent above the five-year average. Traders were only expecting a two per… Read More

Beef Market Update: Cattle markets steady, but with a sustained wide basis on decent supplies13 Oct 202326:06:26

There’s always something to cover in the beef and cattle markets, but this week marks a decidedly non-volatile week in trading. Anne Wasko, with the Gateway Livestock Exchange, brings an update from the south to the north and from beef prices to live weights in this episode of the Beef Market Update. The theme of… Read More

Beef Market Update: Cattle markets hold steady in the face of lingering drought29 Sep 202380:06:17

Cash cattle prices have remained “amazingly flat” in recent months, says Anne Wasko of the Gateway Livestock Exchange. “We’ve had basically two months of an Alberta fed cattle market, where we’ve been between $231-$235 per hundred weight. So we’re kind of done for trade up here for the week because of the holiday,” she says… Read More

Beef Market Update: Rainbows, records, and report comparisons27 Sep 202443:48:31

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

Beef Market Update: Market remains strong despite weak basis15 Sep 202385:18:26

If you’ve been watching live cattle futures, you know there is some significant strength making an appearance. The Chicago Mercantile Exchange (CME) has been hitting new contract highs when it comes to live cattle futures — signalling strong demand and prices for cattle feeders in the United States. However, as Anne Wasko of the Gateway… Read More

Beef Market Update: Combing through the data on cow herd contraction01 Sep 202329:22:03

Now is the time for the beef markets to take a bit of a breather, as the retail buying is done headed into the Labour Day long weekend, and we wait for things to really start to pick up after September for Q4. Anne Wasko of the Gateway Livestock Exchange explains in this episode of… Read More

Beef Market Update: The price of meat, consumers’ pocketbooks, and strong demand18 Aug 202387:59:46

We’re midway through August, and the cattle market is beginning to pick up on both sides of the border. Beef market prices are continuing to improve, but questions surrounding whether demand can sustain a higher cutout are looming around as well. This week’s episode of the Beef Market Update takes a look at all of… Read More

Beef Market Update: Putting things in perspective across the U.S. and Canadian cattle markets04 Aug 202386:37:29

Late last month,  the United States Department of Agriculture (USDA), released their mid-year inventory report. In a couple of weeks, the Canadian numbers will come out as well, which will give us the opportunity to reflect and compare. Ahead of the CanFax report, Anne Wasko, of the Gateway Livestock Exchange shares in this Beef Market… Read More

Beef Market Update: What is the blistering heat doing to the cattle markets?21 Jul 202314:39:07

It is hot hot hot in many parts of North America right now. We are likely aware of how the heat is impacting us, but the question today for Anne Wasko of the Gateway Livestock Exchange is how is this impacting the cattle markets? In this episode of the Beef Market Update, Wasko explains that… Read More

Beef Market Update: The dog days of summer07 Jul 202308:02:03

We’re into the dog days of summer, and the cattle markets are certainly reflecting that. Add in the July 1st holiday in Canada, and July 4th in the U.S., and we’ve got a slow start to the markets this week, says Anne Wasko of the Gateway Livestock Exchange. However, that doesn’t mean we don’t have… Read More

Beef Market Update: Branding season cools, as summer gets in to full swing23 Jun 202364:55:16

For many, branding season is quickly coming to a close. Calves are moving out to grass where possible, and the summer season is underway, says Anne Wasko of the Gateway Livestock Exchange. On this week’s episode of the Beef Market Update, host Shaun Haney and Wasko discuss a few key topics including western Canadian cattle… Read More

Sizzling prices, tightening production, and Canadians’ love of beef: Beef Market Update09 Jun 202316:16:45

What does a wizard have to do with cattle prices? Nothing really, but it would seem that there are some zany factors at play in cattle production where somehow cattle prices are climbing even as feed costs are dropping. Is it magic? Not quite, says Anne Wasko of the Gateway Livestock Exchange, but prices are… Read More

Beef Market Update: Western Canadian fed cattle market remains red-hot heading into prime grilling season26 May 202375:18:36

Cattle markets have held their own over the last week, with prime grilling season underway heading into the Memorial Day weekend in the U.S. and Father’s Day around the corner. U.S. cattle prices this week ranged from one to three dollars higher, from south to north, explains Anne Wasko of the Gateway Livestock Exchange in… Read More

Beef Market Update: Looking at the spring highs12 May 202378:18:31

As the growing season really gets going across North America, we’re starting to see a little more hope on where the grass is growing, and there’s a bit more optimism out there in the pasture — especially in southwestern Saskatchewan, which has faced multiple years of hard drought and where this week’s Beef Market Update… Read More

Beef Market Update: Markets return to seasonal trends13 Sep 202487:39:16

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

Beef Market Update: Setting spring highs, processor profits, and lofty calf prices28 Apr 202335:22:18

If ever there was to be an all-good-news edition of the Beef Market Update, it may just be this week. Anne Wasko of the Gateway Livestock Exchange runs through the numbers south of the border, in the finished and feeder markets, and all the way down to grass cattle and the news is good to… Read More

Beef Market Update: Record prices, but profitability still to be determined in back half of ’2314 Apr 202334:53:29

Even though many are looking at the futures market for ’23 new crop prices, and there’s a little more positivity across drought areas in terms of upcoming precipitation, “what’s going in the mouths of cattle today is still old crop.” So, as a result, we’re going to have to wait until the back half of… Read More

Beef Market Update: The cash market goes boom31 Mar 202349:17:09

The story for the last couple of weeks in the cattle markets has been the cash market, and how it is responding on both sides of the border. In both the U.S. and Canada, the cash market has been extremely positive, says Anne Wasko of the Gateway Livestock Exchange. In this week’s episode of the… Read More

Beef Market Update: Fat cattle hit all-time record high, as feeder cattle prices climb17 Mar 202322:05:29

There are lots of things we are always keeping our eyes on in the cattle markets, but today, our eyes are on the fed cattle markets. Since our last Beef Market Update with Anne Wasko of the Gateway Livestock Exchange, the U.S. markets have taken a bit of a dive, while in western Canada we… Read More

Beef Market Update: Numbers improve for producers, fed markets take a bit of a breather03 Mar 202369:11:56

If you’ve been following along with the cattle markets, you’ll know the choice cut out has faced some extreme gains over the past five weeks. Naturally, it makes sense that the markets are going to take a bit of a breather, says Anne Wasko of the Gateway Livestock Exchange, but that doesn’t mean we are… Read More

Beef Market Update: Total trade volume and value up for 2022, beating previous year17 Feb 202346:45:19

Believe it or not, winter is going to quickly come to an end, and cattle markets are picking up on this. As we pass mid-February, the seasonality in the cutout price is starting to pick up, says Anne Wasko of the Gateway Livestock Exchange, as we make it through the lull of January and February…. Read More

Beef Market Update: Encouragement and optimism continues in cattle industry03 Feb 202302:56:45

If you ask Beef Market Update host Shaun Haney what he is seeing and hearing this week at the National Cattlemen’s Beef Association conference (NCBA), he will say that despite profitability concerns across the cattle industry, there’s an encouraging amount of optimism. Also Anne Wasko, of the Gateway Livestock Exchange, is not at #CattleCon23 this… Read More

Beef Market Update: Strong indicators signal a hopeful 202320 Jan 202350:05:29

It’s been a mild January so far in Saskatchewan, where star of the Beef Market Update, Anne Wasko of the Gateway Livestock Exchange, is reporting from today. Wasko joins guest host Lyndsey Smith this week to discuss cattle prices in the U.S., Western Canada, cattle-on-feed numbers, Canadian kill prices, and more. Check out the full… Read More

Beef Market Update: Lighter carcass weights, roaring demand, and a home for quality beef06 Jan 202372:12:55

Beef and cattle markets south of the border started the year off steady and on solid footing, which is good news at the wholesale level. Does this steady market offer a suggestion of what’s to come? For this first Beef Market Update of 2023, Anne Wasko, of the Gateway Livestock Exchange, joins Shaun Haney to… Read More

Beef Market Update: Extreme cold, escalating feed costs, and a tightening beef supply22 Dec 202246:28:59

When it comes to the Canadian cattle industry, 2022 may not be quiet as reviled as 2021 and its extreme drought, but it’s unlikely to rank in the top five best years for many. While the year definitely shows well in the cattle prices category, it’s the profit and loss statement that really tells the… Read More

Beef Market Update: Back-to-school is back to reality for cattle markets30 Aug 202492:36:31

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

Beef Market Update: A chilly basis, cows taking up hook space, export figures, and the calf run recap09 Dec 202218:26:42

It’s not often, and never a good thing, when the basis drops lower than the temperature. Anne Wasko, with the Gateway Livestock Exchange, says that the chilly basis in Western Canada, currently at about -30 to the U.S. cash market, is certainly reason for cattle feeders to look forward to a calendar flip. “It is… Read More

Beef Market Update: U.S. Thanksgiving brings some hunger to the cattle markets25 Nov 202292:48:25

It’s Thanksgiving weekend in the U.S., which can be a big weekend for the cattle markets, as we swing into the full holiday season. This statement proved true this week as it was a very positive week in the U.S. cattle markets. What has happened, and how does this translate into the Canadian markets? Anne… Read More

Beef Market Update: Fluid cattle movement, a yawning basis, and steady exports11 Nov 202234:02:12

Looking south, overseas, and here at home, the beef market looks steady, good, and, well, not bad. For this week’s Beef Market Update, Anne Wasko of the Gateway Livestock Exchange, starts with a recap of what’s happening in the U.S., where fed cattle held steady again this week. The wholesale market has peaked, likely, after… Read More

Beef Market Update: Markets struggle to get through “stubbornly heavy” carcasses28 Oct 202280:52:00

It’s spooky season, and Anne Wasko of the Gateway Livestock Exchange is ready with her witch’s hat (to be worn with the grandkids, of course). As we approach Halloween, it’s no surprise for the west of the country to experience snow (after all, what would be Halloween in Canada without snowsuits under costumes), and Wasko’s… Read More

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