Beef Market Update: Slower trade, shifting leverage, and strong export demand
Listen now
Description
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
More Episodes
Markets in the U.S. experienced a bounce this week from the downward trend that they were on due to packers running smaller fed-cattle kills in the last few weeks. That support under the cutout has been supporting the cash markets. The select spread has widened again which continues to confirm...
Published 11/22/24
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...
Published 11/08/24
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...
Published 11/08/24