WP livestock report

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Published: March 22, 2018

Hogs

The U.S. national live price average for barrows and gilts was US$47.18 per hundredweight March 16, down from $48.92 March 9.

U.S. hogs averaged $57.26 on a carcass basis March 16, down from $61.38 March 9.

The U.S. pork cutout was $74.30 per cwt. March 16, up from $73.43 March 9.

The estimated U.S. weekly slaughter to March 17 was 2.413 million, up from 2.403 million the previous week.

Slaughter was 2.332 million last year at the same time.

In Canada, the March 17 Signature Five price was C$148.35 per 100 kilograms, down from $152.85 the previous week. On a per hundredweight basis, the price was $67.29, down from $69.33.

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Bison up

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$4.60 or more with returns dependent on exchange rates, quality and export costs.

Grade A heifers sold up to C$6. U.S. buyers are offering US$4.40.

Animals outside the desirable buyer specifications may be discounted.

Lambs

Ontario Stockyards Inc. reported that 930 sheep and lambs and 42 goats sold March. 12. Fancy new crop lambs sold at premium prices. All other lambs traded higher. Sheep and goats sold steady.

Markets at a glance

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