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WP livestock report

Reading Time: 2 minutes

Published: September 22, 2022

Hogs

The U.S. national live price average for barrows and gilts was not available Sept. 16.

U.S. hogs averaged $90.86 on a carcass basis Sept. 16, down from $91.28 Sept. 9.

The U.S. pork cutout was $106.39 per hundredweight Sept. 16, up from $102.87 Sept. 9.

The estimated U.S. weekly slaughter to Sept. 17 was 2.465 million, up from 2.243 million the previous week.

Slaughter was 2.545 million last year at the same time.

In Canada, the Sept. 17 Signature Four price was C$229.52 per 100 kilograms, down from $237.45.

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A wheat head in a ripe wheat field west of Marcelin, Saskatchewan, on August 27, 2022.

USDA’s August corn yield estimates are bearish

The yield estimates for wheat and soybeans were neutral to bullish, but these were largely a sideshow when compared with corn.

The Hams Marketing cash price was $227.52, down from $235.45, HyLife was down to $243.32 from $251.03 the previous week and OlyWest was $232.20, down from $242.

OlyWest 2021 was down to $239.90 from $244.30 and HyLife’s adjusted price was down to $243.32. from $250.43.

Lambs

Ontario Stockyards Inc. reported that 1,686 sheep and 74 goats sold Sept 12.

Beaver Hill Auction in Tofield, Alta., reported that 1,156 sheep and 397 goats sold Sept. 12.

Wool lambs lighter than 54 lb. were $170-$230 per cwt., 55-69 lb. were $190-$249, 70-85 lb. were $150-$216, 86-105 lb. were $142-$186 and 106 lb. and heavier were $135-$175. Wool rams were $114-$165 per cwt. Cull ewes were $90-$165.

Hair lambs lighter than 54 lb. were $160-$225 per cwt., 55-69 lb. were $170-$205, 70-85 lb. were $170-$200, 86-105 lb. were $140-$176 and 106 lb. and heavier were $135-$161. Hair rams were $127-$160 per cwt. Cull ewes were $90-$165.

Bison

Prices offered by Canadian buyers for slaughter in Canada range from $4-$4.25 per pound hot hanging weight with the occasional sale higher. Most animals were purchased at $4.25 per pound. Canadian buyers are paying $4.60-$4.80 for prime bulls and $4.50-$4.70 for heifers for slaughter in the United States.

U.S. buyers are paying US$3.75-$4 per pound hot hanging weight for prime bulls from Canada for U.S. slaughter, where slaughter times are booked. Heifers are being purchased at $3.50-$3.75. Returns to producers are dependent on exchange rates, quality, transportation and export costs.

Markets at a glance

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