September beef export trade data is in, and, following a good July and August, the numbers are a bit disappointing. “We’ve been talking about trade a lot because we know both the U.S. and Canada have a pile of beef that we need to get through, and obviously export markets are an important piece of... Read More

Beef Market Update

Beef Market Update: Key exports down, cows moving south, and working through the backlog of cattle

To say the futures market took a bit of a nosedive this week would not be an exaggeration. It has, however, been doing its best to try to recover some of those losses. Anne Wasko of the Gateway Livestock Exchange says in the latest Beef Market Update that the moves have been very volatile lately.... Read More

Beef Market Update: Roulette at the auction mart, as volatility remains in live cattle futures

Many ranches across the prairies are getting into the weening season, which can mean only one thing — the weather is changing, and it’s changing rapidly. The weather isn’t the only thing that has been cooling down though — December live cattle futures dropped significantly over the past week, as Anne Wasko, of the Gateway... Read More

Beef Market Update: Steer average carcass weights at year-high, despite packers keeping at steady rate

If you’re new around here, the Beef Market Update’s goal is to provide the most current information on beef exports, pricing, carcass weights, and boxed beef prices. Every second Friday, Anne Wasko of the Gateway Livestock Exchange joins us to cover what’s happening in markets both in Canada and the U.S. This week, U.S. trade... Read More

Beef Market Update: Beef in the system, higher steer weights, and cutout values

Chop and grind in the markets isn’t really the kind of headline you want to hear for the beef markets, but maybe chop and grind means good things for prices. “U.S. markets trading about a buck higher than how they closed the end of last week, so $103, $104 in the north, heading the right... Read More

Beef Market Update: Cash markets chop and grind, international market moves, and CRSB news

The fed cattle market is off a bit, but that’s no surprise as we’re getting closer to flipping the season to fall, and as September rolls around. For this week’s Beef Market Update, Anne Wasko, from Gateway Livestock Exchange, joins us this week from a bit of vacation time on the west coast before the fall... Read More

Beef Market Update: Seasonal fed market declines, feeder market staying strong, and no concerns for feed supplies

When we last heard from Anne Wasko of the Gateway Livestock Exchange — about three weeks ago — demand was looking pretty good, and looking into the future, it looked exceptional. Now, sitting in the future, we can safely say demand for beef is working its magic, and working at a strong pace. “It’s been... Read More

Beef Market Update: Prices edge higher on strong demand, solid processing numbers

Cattle prices are holding steady for most of the U.S. and Western Canada on strong wholesale demand. Ranchers, too, are cautiously optimistic as pasture and hay supplies are good and calf prices have been holding steady. It’s not all sunshine and green grass, however, says Anne Wasko, of Gateway Livestock Exchange, as there are still... Read More

Beef Market Update: Cautious optimism, good grass, and strong demand

This week’s Beef Market Update might be the most positive report we’ve posted in three very long months. In this week’s episode, Anne Wasko, of the Gateway Livestock Exchange, joins Shaun Haney to catch up on the early summer numbers ahead of a holiday weekend. To start off in the green, Canadian slaughter data for... Read More

Beef Market Update: Set-aside program begins, futures climb, and slaughter numbers impress

Fresh off of one of the biggest barbecue weekends of the year in Canada and headed into another in the United States, the cattle market is paying close attention to retail sales and the effect on prices throughout the supply chain. At the same time, processing capacity has started to return following slowdowns and shutdowns... Read More

Beef Market Update: Live prices jump after May long weekend and improvements in processing

We’ve made it through another rough week, and as Anne Wasko, of the Gateway Livestock Exchange, says in this Beef Market Update, “thank goodness.” We know it’s been a tough go the past few weeks. Every day seems to be worse and worse, but as more packing plants begin to re-open, the worst seems to... Read More

Beef Market Update: A slow climb back to positivity

The value of beef cutouts has reached record highs over the last few days, as packing plant capacity has been reduced by shutdowns in the U.S. and Canada. At the same time, those shutdowns have put immense pressure on cash cattle prices. “In the U.S. for the cash cattle that are trading, they are going... Read More

Beef Market Update: Cutout prices reach record highs

It’s been a difficult last few weeks in the livestock markets, to say the least. For much of the time we are all focused on making the right decision, but what has been weighing heavily on a lot of people lately has been trying not to make the wrong decision. A wrong decision in the... Read More

Beef Market Update: Uncertainty has entire value chain on edge

Just two short weeks ago, no one was really sure what was ahead for the COVID-19 virus lockdown and social distancing — but now cities are ghost towns, and grocery store shelves and coolers are suspiciously absent of some key items; beef, pork, and chicken among them. A flurry of retail buying may have emptied... Read More

Beef Market Update: Volatility, optimism, and the murky waters of what lies ahead for demand

What a week. Frankly, the last week and even two weeks has been wild enough, let alone the last 24 hours, as the impact of COVID-19 makes its way into North American travel bans, the stock market, oil prices, the Canadian dollar and more. The volatility has been extreme. Anne Wasko, of the Gateway Livestock... Read More

Beef Market Update, March 13: Looking for good news in the middle of volatility

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Beef Market Update

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