WP livestock report

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Published: January 4, 2024

Hogs

The U.S. national live price average for barrows and gilts was not available Dec. 21. On Dec. 18 it was $36.54.

U.S. hogs averaged $47.96 on a carcass basis Dec. 21, down from $48.39 Dec. 18.

The U.S. pork cutout was $81.35 per hundredweight Dec. 21, down from $83.97 Dec. 18.

The estimated U.S. weekly slaughter to Dec. 21 was 1.936 million. It was 1.914 million the previous week.

Slaughter was 1.676 million last year at the same time.

In Canada, the Dec. 23 Signature Four price was $167.58 per 100 kilograms, down from $172.22.

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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 Dec. 23 Hams Marketing cash price was not available, but on Dec. 16 it was $170.22. HyLife was not available this week, but on Dec. 16 it was 182.35. OlyWest was $162.90, down from $166.30.

OlyWest 2021 was down, at $188.50, from $190.90, and HyLife’s adjusted price was not available; on Dec. 16 it was $194.17.

Bison

The Canadian Bison Association reported domestic carcass prices for finished bulls of $450-$525 per cwt., hot hanging weight. Finished heifers were $450-$510 cwt.. Mature bulls were $250-$300 cwt., while mature cows were $225-$250 cwt.

Carcass prices for bison sold into the United States were US$390-$415 per cwt. for bulls. Heifers were $340-$384 per cwt. Mature bulls were $313-$326 while mature cows were $301-$315 per cwt.. All prices are subject to fluctuations in the market and dollar exchange rates.

Prices for live bison in Canada were C$1.65-$2.70 per pound for bulls and $1.55-$2.05 per lb. for heifers of good quality or better. Mixed live animal prices were $1.60-$2.38 per lb.

Lambs

Ontario Stockyards Inc. reported that 1,150 sheep and 1,990 lambs sold Dec. 18.

Beaver Hill Auctions at Tofield, Alta., reported that 1,913 sheep and 475 goats sold Dec. 18.

Wool lambs lighter than 54 lb. were $240-$295 per cwt., 55-69 lb. were $245-$295, 70-85 lb. were $220-$266, 86-105 lb. were $191-$250, and 106 lb. and heavier were $191-$230. Wool rams were $140-$198 per cwt. Cull ewes were $200-$265.

Hair lambs lighter than 54 lb. were $220-$290, 55-69 lb. were $200-$265, 70-85 lb. were $200-$260, 86-105 lb. were $289-$238 and 106 lb. and heavier were $180-$225. Hair rams were $125-$201 per cwt. Cull ewes were $110-$190.

Markets at a glance

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