WP livestock report

Reading Time: 2 minutes

Published: December 10, 2015

Hogs edge higher

Hog prices edged higher supported by a strong slaughter pace in the United States.

Iowa-southern Minnesota hogs delivered were US$40.50 per hundredweight Dec. 4, up from $39-$39.50 Nov 27.

U.S. hogs averaged $51.92 on a carcass basis Dec. 4, down from $50.72 Nov. 25. The U.S. pork cutout was $73.73 per cwt. Dec. 4, up from $72.40 Nov. 27.

The estimated U.S. weekly slaughter for the week to Dec. 4 was 2.424 million, up from 2.129 million the previous week. Slaughter was 2.236 million last year at the same time.

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The Maple Leaf Signature 3 price in Canada was C$58.34 per cwt. up from $57.41 the previous week.

Bison steady

The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices up to C$5.50 per pound hot hanging weight.

American buyers are offering US$4.25 with returns dependent on exchange rates, quality and export costs.

Grade A heifers sold up to C$5.35 U.S. buyers are offering US$4.10.

Animals outside the desirable buyer specifications may be discounted.

Sheep steady

Beaver Hill Auction in Tofield, Alta., reported 480 sheep and 34 goats sold Nov 30.

Wool lambs lighter than 54 lb. were $225-$246 per cwt., 55-69 lb. were $227-$250, 70-85 lb. were $195-$237, 86-105 lb. were $173-$195 and 106 lb. and heavier were $160-$170.

Wool rams were $65-$143 per cwt. Cull ewes were $65-$84.

Hair lambs lighter than 54 lb. were $210-$231 per cwt., 55-69 lb. were $200-$235, 70-85 lb. were $185-$210, 86-105 lb. were $163-$189 and 106 lb. and heavier were $152-$162.

Hair rams were $73-$100 per cwt. Cull ewes were $60-$180.

Feeder kids lighter than 60 lb. were $180-$210.

Good kid goats lighter than 70 lb. were $200-$250. Those heavier than 70 lb. were $210-$257.50 per cwt.

Nannies were $127.50-$152.50 per cwt. Billies were $130-$175.

Ontario Stockyards Inc. reported that 1,683 sheep and lambs and 46 goats traded Nov 30.

Light weight lambs remained strong. Heavy type lambs lost last week’s gains. Sheep and goats were steady.

Markets at a glance

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