WP livestock report

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Published: February 18, 2016

Hogs rise

U.S. hog prices edged higher as cold, snowy weather discouraged producers from making deliveries.

Processors were busy meeting demand for Easter hams, but demand could fall once that need is met.

Iowa-southern Minnesota hogs delivered were US$46.50-$48 per hundredweight Feb. 12, up from $45.50-$46.50 Feb 5.

U.S. hogs averaged $632.31 on a carcass basis Feb. 12, up from $61.43 Feb 5.

The U.S. pork cutout was $76.08 per cwt. Feb. 12, down from $77.57 Feb. 5.

The estimated U.S. weekly slaughter for the week to Feb. 12 was 2.281 million, up from 2.176 million the previous week.

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Slaughter was 2.226 million last year at the same time.

Bison steady

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$4.25.

Grade A heifers sold up to C$5.75. U.S. buyers offered US$4.10.

Sheep steady

Beaver Hill Auction in Tofield, Alta., reported 686 sheep and 96 goats sold Feb 8.

Wool lambs lighter than 54 lb. were $230-$255 per cwt., 55-69 lb. were $230-$260, 70-85 lb. were $215-$243, 86-105 lb. were $187-$220 and 106 lb. and heavier were $168-$181.

Wool rams were $80-$105 per cwt. Cull ewes were $85-$135.

Hair lambs lighter than 54 lb. were $210-$240 per cwt., 55-69 lb. were $220-$255, 70-85 lb. were $220-$237, 86-105 lb. were $170-$210 and 106 lb. and heavier were $140-$162.

Hair rams were $84-$105 per cwt. Cull ewes were $81-$105.

Ontario Stockyards Inc. reported that 1,259 sheep and lambs and 54 goats traded Feb 8.

Sheep, goats and light weight new crop lambs sold steady. Heavier new crops sold barely steady. Lambs over 105 lb traded at lower prices.

Markets at a glance

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