WP livestock report

Posted

Hogs mixed

Market ready hog numbers were ample, but packers aggressively bought because pork prices at this point in the year are the highest in three years. Weekly U.S. slaughter was near record large.

The U.S. national live price average for barrows and gilts was US$53.01 per hundredweight March 17, up from $52.52 March 10.

U.S. hogs averaged $65.43 on a carcass basis March 17, down from $66.33 March 10.

The U.S. pork cutout was $81.60 per cwt. March 17, down from $81.88 March 10.

The estimated U.S. weekly slaughter for the week to March 18 was 2.335 million, up from 2.318 million the previous week.

Slaughter was 2.188 million last year at the same time.

In Canada, the March 18 Signature Five price was C$169.21 per 100 kilograms, down from $171.47 the previous week.

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On a per hundredweight basis, the price was $76.75, down from $77.78 the previous week.

Bison steady

The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices up to C$6.30–$6.50 per pound hot hanging weight.

U.S. buyers are offering US$4.75 with returns dependent on exchange rates, quality and export costs.

Grade A heifers sold up to C$6-$6.30. U.S. buyers are offering US$4.50.

Animals outside the desirable buyer specifications may be discounted.

Lambs, sheep stronger

Beaver Hill Auction in Tofield, Alta., reported that 759 sheep and 188 goats sold March 13.

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Wool lambs lighter than 54 lb. were $240-$260 per cwt., 55-69 lb. were $240-$260, 70-85 lb. were $239-258, 86-105 lb. were $218-$246 and 106 lb. and heavier were $193-$205.

Wool rams were $87-$150 per cwt. Cull ewes were $103-$167.

Hair lambs lighter than 54 lb. were $240-$259 per cwt., 55-69 lb. were $240-$261, 70-85 lb. were $229-$246, 86-105 lb. were $195-$230 and 106 lb. and heavier were $187-$202.

Hair rams were $100-$109 per cwt. Cull ewes were $112-$145.

Ontario Stockyards Inc. reported that 506 sheep and lambs and 11 goats traded March 13. Light lambs sold $10-15 cwt. higher. Heavy lambs traded $5-$10 higher. Sheep and goats sold steady.

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