WP livestock report

Hogs

The U.S. national live price average for barrows and gilts was US$46.03 per hundredweight May 4, up from $45.06 April 27.

U.S. hogs averaged $59.05 on a carcass basis May 4, up from $58.22 April 27.

The U.S. pork cutout was $69.29 per cwt. May 4, up from $68.61 April 27.

The estimated U.S. weekly slaughter to May 5 was 2.332 million, up from 2.363 million the previous week.

Slaughter was 2.268 million last year at the same time.

In Canada, the May 5 Signature Five price was C$142.65 per 100 kilograms, up from $138.90 the previous week. On a per hundredweight basis, the price was $64.71, up from $63.

Bison

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$4.60 or more with returns dependent on exchange rates, quality and export costs.

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

Animals outside the desirable buyer specifications may be discounted.

Lambs

Ontario Stockyards Inc. reported 619 sheep and lambs and 24 goats sold April 30. All lambs sold much higher, on a light offering. Good lean sheep sold steady with thicker, heavy types under pressure at prices $5-10 cwt lower. Goats held steady.

Comments

Copyright © 2016. All market data is provided by Barchart Market Data Solutions. Futures: at least 10 minute delayed except as noted. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.
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