WP livestock report

Hogs fall again

Hog supply remains at a surplus to demand and prices continued to weaken.

The U.S. national live price average for barrows and gilts was US42.80 per cwt. April 21, down from $44.33 April 14.

U.S. hogs averaged $53.41 on a carcass basis April 21, down from $56.04 April 14.

The U.S. pork cutout was $75.47 per cwt. April 21, up from $74.58 April 14.

The estimated U.S. weekly slaughter for the week to April 22 was 2.287 million, up from 2.223 million the previous week.

Slaughter was 2.233 million last year at the same time.

In Canada the April 22 Signature Five price was C$143.36 per 100 kilograms, down from $147.85 the previous week.

On a per hundredweight basis, the price was $65.03, down from $67.06 the previous week.

Bison prices firm

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.

Sheep rise

Ontario Stockyards Inc. reported that 396 sheep and lambs and one goat traded April 17. A light offering of wool types sold at steady prices on new crops while heavy type lambs sold $5-$10 per cwt. higher. Sheep traded $5-$7 stronger. There were too few goats to establish a market.

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