WP livestock report – Jan. 16, 2020

HOGS

The U.S. national live price average for barrows and gilts was $38.99 per hundredweight Jan. 10, up from $39.67 Jan. 3.

U.S. hogs averaged $50.43 on a carcass basis Jan. 10, down from $50.50 Jan. 3.

The U.S. pork cutout was $74.50 per cwt. Jan. 10, up from $74.22 Jan. 3.

The estimated U.S. weekly slaughter to Jan. 11 was 2.713 million, down from 2.293 million the previous week.

Slaughter was 2.554 million last year at the same time.

In Canada, the Jan. 11 Signature Five price was C$133.07 per 100 kilograms, up from C$131.16 the previous week.

On a per hundredweight basis, the price was $60.36, up from $59.49 the previous week.

BISON

The Canadian Bison Association said Grade A bulls in the desirable weight range were C$4.40-$5 per pound hot hanging weight, although sales were reported as high as $5.40. U.S. buyers are offering US$3.85-$4.15 per lb. with returns dependent on exchange rates, quality and export costs.

Grade A heifers sold for C$4.40-$4.80 per lb. hot hanging weight with some sales as high as $5.10. U.S. buyers are offering US$3.60-3.80 per lb.

Animals outside the desirable buyer specifications may be discounted.

LAMBS

Ontario Stockyards Inc. reported that 955 sheep and lambs and 31 goats sold Jan. 6. There was a lighter run of lambs and sheep because of adverse weather conditions. All lambs sold actively at steady prices. Thicker sheep sold higher, and thinner type sheep sold lower than last week’s extremely high sales.

 

Markets at a glance

explore

Stories from our other publications