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

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

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

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

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

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

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

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

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... Read More

If you’re looking for good news, you may not find it in the cattle markets this week. Mounting concerns over the spread of coronavirus and the global economy are starting to play a significant role. Anne Wasko of the Gateway Livestock Exchange is considering this a black swan event akin to the fire in Kansas... Read More