WP livestock report

HOGS RISE

Market ready hog supply tightened as it normally does this time of year. The market is awaiting warmer weather to increase grilling demand.

U.S. hogs averaged $65.64 on a carcass basis April 22, up from $61.63 April 15.

The U.S. pork cutout was $79.79 per cwt. April 22, up slightly from $79.26 April 15. The estimated U.S. weekly slaughter for the week to April 22 was 2.24 million, up from 2.197 million the previous week.

Slaughter was 2.165 million last year at the same time.

The Maple Leaf Signature Three price closed at C$68.38 per cwt., up from $67.20 the week before.

BISON STEADY

The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices up to C$6 per pound, hot hanging weight. U.S. buyers are offering US$4.45 with returns dependent on exchange rates, quality and export costs.

Grade A heifers sold up to C$5.75 U.S. buyers are offering US$4.35.

Animals outside the desirable buyer specifications may be discounted.

SHEEP STEADY

Ontario Stockyards Inc. reported that 1,769 sheep and lambs and 58 goats traded April 18.

Well-finished light new crops sold steady. Heavy and under-finished new crops traded barely steady. All other lambs traded steady to slightly lower. Goats and good sheep sold steady. Heavy and over finished sheep sold under pressure at lower prices.

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