WP LIVESTOCK REPORT
Hogs fall
U.S. packers had more than enough supply to fill weak pork demand, and cash hogs fell.
Hog futures fell 2.9 percent on the week, pressured by uneasiness about near-term cash prices. Pork exports are slow, and the number of market ready hogs is up a little from last year at this time.
Iowa-southern Minnesota hogs traded at $56 US per hundredweight March 8 delivered to packing plants, up from $59 the previous week.
The estimated pork carcass cutout dipped as low as $77.50 but closed at $79.05 March 15, up from $78.16 March 8.
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Weekly slaughter to March 16 was estimated at 2.203 million, little changed from 2.201 million the previous week. Last year, slaughter was 2.179 million.
Bison steady
The Canadian Bison Association said grade A bulls in the desirable weight range sold at prices up to $3.70 Cdn per pound hot hanging weight. Grade A heifers sold up to $3.70.
Animals older than 30 months and those outside the desirable weight range may be discounted.
Slaughter bulls and cows were $1.70-$1.80 per lb.
In the live market, quality 2012 bulls sold for about $2.30 per lb. Heifers from 2012 sold for up to $1.75 while a few 2011s were also $1.75.
Lambs mostly steady
Beaver Hill Auction in Tofield, Alta., reported 636 sheep and 132 goats sold March 11.
Wool lambs lighter than 70 lb. were $142-$159 per cwt., 70-85 lb. were $120-$145, 86-105 lb. were $102-$122 and 106 lb. and heavier were $90-$101.
Wool rams were $60-$80 per cwt. Cull ewes were $45-$65 and bred ewes were $160-$235 per head.
Hair lambs lighter than 70 lb. were $132-$149 per cwt., 70-85 lb. were $118-$139, 86-105 lb. were $93-$115 and 106 lb. and heavier were $88-$95.
Hair rams were $54-$86 per cwt. Cull ewes were $50-$75.
Good kid goats lighter than 50 lb. were $185-$235. Those heavier than 50 lb. were $190-$225 per cwt. Nannies were $80-$100.50 per cwt. Billies were $100-$152.50.
Ontario Stockyards Inc. reported 1,976 sheep and lambs and 35 goats traded March 11.
Lightweight lambs sold actively at barely steady prices with all others steady. Sheep were $3-$5 cwt. lower on a dull demand. Goats traded steady.
