WP livestock report

Posted

Hogs climb again

Strong slaughter margins kept U.S. packers aggressively buying.

The U.S. national live price average for barrows and gilts was US$51.88 per cwt. Feb. 3, up from $49.46 Jan. 27.

U.S. hogs averaged $66.90 on a carcass basis Feb. 3, up from $63.98 Jan. 27.

The U.S. pork cutout was $84.46 per cwt. Feb. 3, up from $82.91 Jan. 27.

The estimated U.S. weekly slaughter for the week to Feb. 3 was 2.327 million, down from 2.367 million the previous week.

Slaughter was 2.179 million last year at the same time.

In Canada, the Feb. 3 Signature Five price was C$159.05 per 100 kilograms, up from $157.06 the previous week.

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On a per hundredweight basis the price was $72.14, up from $71.24 the previous week.

Bison steady

The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices up to C$6.25-$6.40 per pound hot hanging weight.

U.S. buyers are offering US$4.60 with returns dependent on exchange rates, quality and export costs.

Grade A heifers sold up to C$6-$6.20. U.S. buyers are offering US$4.40.

Animals outside the desirable buyer specifications may be discounted.

Lambs steady to stronger

Beaver Hill Auction in Tofield, Alta., reported that 934 sheep and 29 goats sold Jan. 30.

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Wool lambs lighter than 54 lb. were $230-$260 per cwt., 55-69 lb. were $229-$258, 70-85 lb. were $225-250, 86-105 lb. were $210-$245 and 106 lb. and heavier were $181-$190.

Wool rams were $91-$115 per cwt. Cull ewes were $87-$130.

Hair lambs lighter than 54 lb. were $215-$250 per cwt., 55-69 lb. were $236-$248, 70-85 lb. were $225-$240, 86-105 lb. were $200-$220 and 106 lb. and heavier were $178-$186.

Hair rams were $101-$160 per cwt. Cull ewes were $85-$104.

Ontario Stockyards Inc. reported that 706 sheep and lambs and 78 goats traded Jan. 30. New crop lambs sold steady.

Heavy lambs sold steady to stronger. Goats sold steady. All sheep sold higher on a light offering.

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