Seeing as we’ve just closed out on the first half of 2022, we’re diving into overall beef production for the first half of the year on this week’s episode of the Beef Market Update. In Canada, beef production was up another 3 per cent, says Anne Wasko of the Gateway Livestock Exchange, between fed cattle... Read More

After a dreary few weeks, we’re starting this episode of the Beef Market Update on a positive note. Anne Wasko, of the Gateway Livestock Exchange, says on her ranch in southwest Saskatchewan, they got some rain, and hey, the markets are on the way up. The markets started out this week slow, but quickly picked... Read More

Stagflation, inflation, rising food costs…these are all factors that are creating murky waters in front of beef demand, if you look at the rest of the 2022 calendar year. Anne Wasko of the Gateway Livestock Exchange says in our latest Beef Market Update, that even if you look at live cattle futures, and live cattle... Read More

The U.S. cattle market was steady again this week, continuing to chop, chop, chop sideways, with cut out prices climbing slightly, though still at sluggish pace. Here in Canada, the average weekly price is in the low 170s, and, according to Canfax, that’s the first time since 2017 the weekly average has held in this... Read More

With May long weekends quickly approaching, many are starting to have barbecuing on the brain, which of course – is good news for the beef market. We definitely have enough supply for people to “chew” through…but the price on the shelves is certainly still high enough. So where is demand? Anne Wasko, of the Gateway... Read More

It’s no surprise that many cattle feeders are still facing negative margins. The combination of negative margins and a basis wider than we would like to see have created a question for many, says Anne Wasko of the Gateway Livestock Exchange. From the producers’ perspective, what do we need to do to make this basis... Read More

When we look at the cost of gain, it’s historically high. As Anne Wasko of the Gateway Livestock Exchanger explains in our latest Beef Market Update, we have reached record highs for cost of gain — with the second highest year on record being last year. “We’re in this environment, the last two years, where... Read More

As the calendar makes its way through March, Anne Wasko, of the Gateway Livestock Exchange, says we are running short on time for a surprise spring rally. On the demand side, things are looking really good. However, it’s posing a bit of a problem, as it’s not translating to the cash cattle side, do to... Read More

As the situation continues to unravel in Ukraine, many in the agricultural industry are following the markets, and trying to get a handle on the impacts. This week’s Beef Market Update is no different. Anne Wasko of the Gateway Livestock Exchange says we have often talked about uncertainty and volatility in the last few years... Read More

It’s a good news, complicated news, good news sandwich for this week’s Beef Market Update with Anne Wasko of the Gateway Livestock Exchange. The good news comes in the form of cash prices, which showed strength this week, up about $2, putting south Texas and Kansas numbers around $142. In the north, numbers hit between... Read More