Beef Market Update

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

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

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

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

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

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 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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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