Beef Market Update

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

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

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