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

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

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

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

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

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

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

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