WP livestock report

Reading Time: 2 minutes

Published: August 18, 2016

Hogs down

Hog and pork prices continued to fall on ample volume.

The U.S. national live price average for barrows and gilts was $47.59 per cwt. Aug. 12, down from $49.71 Aug. 5.

U.S. hogs averaged $62.77 on a carcass basis Aug. 12, down from $62.84 July 29. The U.S. pork cutout was $74.76 per cwt. Aug. 12, down from $76.95 Aug. 5.

The estimated U.S. weekly slaughter for the week to Aug. 12 was 2.236 million, up from 2.193 million the previous week.

Slaughter was 2.215 million last year at the same time.

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In Canada, the Aug. 12 Signature Three price was C$150.85 per 100 kilograms, or $68.43 per 100 pounds, down from $157.87 or $71.61 the previous week.

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$4.45 with returns dependent on exchange rates, quality and export costs.

Grade A heifers sold up to C$5.75. U.S. buyers are offering US$4.35.

Animals outside the desirable buyer specifications may be discounted.

Sheep steady

Beaver Hill Auction in Tofield, Alta., reported 1,297 sheep and 162 goats sold Aug. 8.

Wool lambs lighter than 54 lb. were $220-$261 per cwt., 55-69 lb. were $210-$237, 70-85 lb. were $207-$234, 86-105 lb. were $194-$216 and 106 lb. and heavier were $190-$200.

Wool rams were $97-$201 per cwt. Cull ewes were $90-$155.

Hair lambs lighter than 54 lb. were $200-$250 per cwt., 55-69 lb. were $210-$235, 70-85 lb. were $200-231, 86-105 lb. were $182-$216 and 106 lb. and heavier were $180-$194.

Hair rams were $95-$151 per cwt. Cull ewes were $90-$145.

Ontario Stockyards Inc. reported that 1,124 sheep and lambs and 45 goats traded Aug 8.

All classes of lambs sold actively at prices about steady to the week before the August holiday market. Sheep and goats sold steady.

Markets at a glance

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