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WP livestock report

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Published: February 28, 2014

Hogs rise

Rising pork prices allowed U.S. packers to raise bids for hogs.

Snowstorms in the U.S. limited hog deliveries. Some packers were buying in expectation of tighter supplies in coming weeks.

The porcine epidemic diarrhea virus is killing millions of piglets.

Iowa-southern Minnesota hogs delivered to packing plants sold at $67.50 US per hundredweight Feb. 21, up from $62-$62.50 Feb. 14.

The estimated pork cut-out value was $98.03 per cwt. Feb. 21, up from $94.33 Feb. 14.

Estimated weekly U.S. slaughter to Feb. 22 was 2.134 million, up from 2.113 million the previous week. Slaughter was 2.069 million last year in the same week.

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China purchased just over 20 million tonnes of wheat, corn, barley and sorghum last year, that is well below the 60 million tonnes purchased in 2021-22.

Bison steady

The Canadian Bison Association said Grade A bulls with desirable weights reached $3.85 Cdn per pound hot hanging weight. Grade A heifers sold up to $3.70.

Quality 2013 bull calves 400-500 lb. have recently been selling at an average of $2.42 per lb. live weight with 500-550 lb. bulls averaging $2.34.

Heifers born in 2013 weighing 375-475 lb. averaged about $2.20 per lb. in recent sales. In light trade, 2012 bulls and heifers 800-900 lb. were $1.90-$1.95 per lb.

Animals outside the desirable buyer specifications may be discounted. Animals outside the desirable buyer specifications may be discounted.

Lean sheep higher

Ontario Stockyards Inc. reported 1,092 sheep and lambs and 22 goats traded Feb. 18. All well-finished lambs sold steady. Good lean sheep sold $5-$7 cwt. higher. Goats sold steady.

Markets at a glance

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