WP livestock report

Hogs down

Cash hog prices continued to fall on ample supply and lacklustre demand.

Iowa-southern Minnesota hogs delivered were US$45 per hundredweight March 20, down from $46 March 13.

U.S. hogs averaged $56.90 on a carcass basis March 20, down from $59.60 March 13. The U.S. pork cutout rose to $68.03 per cwt. March 20, up from $67.48 March 13.

The estimated U.S. weekly slaughter for the week to March 21 was 2.237 million, up from 2.227 million the previous week.

Slaughter was 2.037 million last year at the same time.

Bison strong

The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices up to C$5 per pound hot hanging weight.

U.S. buyers were offering US$4.10-$4.15 with returns dependent on exchange rates, quality and export costs. Grade A heifers sold as high as C$4.80. U.S. buyers are offering US$3.90.

Animals outside the desirable buyer specifications may be discounted.

At the March 11 Kramer Auction sale, 380 bison sold. Bull calves born in 2014 weighing more than 550 pounds averaged $3.80 per pound live. Quality bull calves 350–550 lb. sold 20–50 cents higher. Heifer calves heavier than 500 lb. were $3.47 with lighter classes selling at comparable prices. The March 13 sale at Vold, Jones & Vold in Ponoka, Alta., also had strong prices.

Lambs steady to higher

Ontario Stockyards Inc. reported that 1,257 sheep and lambs and 80 goats traded March 16. Lightweight new crop lambs sold at a premium. Heavy lambs and sheep sold steady to higher. Good light goats also traded in premium ranges with all others steady.

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