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WP livestock report

Reading Time: 2 minutes

Published: February 15, 2024

Hogs

The U.S. national live price average for barrows and gilts was $47.57 Feb. 9, down from $50.13 Feb. 2.

U.S. hogs averaged $63.79 on a carcass basis Feb. 9, up from $61.76 Feb. 2.

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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 U.S. pork cutout was $85.97 per hundredweight Feb. 9, down from $88.40 Feb. 2.

The estimated U.S. weekly slaughter to Feb. 9 was 2.441 million, down from the 2.442 million slaughtered the previous week.

Slaughter was 2.389 million last year at the same time.

In Canada, the Feb. 10 Signature Four price was $182.48 per 100 kilograms, up from $178.03.

The Feb. 10 Hams Marketing cash price was $180.48, up from $176.03 Feb. 3, while HyLife was $193.48 this week, up from $190.39 Feb. 3. OlyWest was $176.60, up from $170.60.

OlyWest 2021 was up, at $197.70, from $196.20, and HyLife’s adjusted price was $197.22, down from $201.36 Feb. 3.

Bison

The Canadian Bison Association reported domestic carcass prices for finished bulls of $475-$550 per cwt., hot hanging weight. Finished heifers were $465-$510 cwt. Mature bulls were $300-$400 cwt., while mature cows were $300-$400 cwt.

Carcass prices for bulls sold into the U.S. were US$390-$425 per cwt., while heifers were $340-$395 per cwt. Mature bulls were $313-$326 while mature cows were $300-$315 per cwt.. All prices are subject to fluctuations in the market and dollar exchange rates.

Prices for live bison in Canada were $2.50-$3.70 per pound for bulls and $2-$2.70 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 613 sheep and 273 lambs sold Jan. 29.

Beaver Hill Auctions at Tofield, Alta., reported that 1,606 sheep and 286 goats sold Jan. 29.

Wool lambs lighter than 54 lb. were $300-$395 per cwt., 55-69 lb. were $325-$375, 70-85 lb. were $300-$355, 86-105 lb. were $240-$315, and 106 lb. and heavier were $220-$272. Wool rams were $120-$190 per cwt. Cull ewes were $110-$250.

Hair lambs lighter than 54 lb. were $290-$360, 55-69 lb. were $300-$354, 70-85 lb. were $290-$340, 86-105 lb. were $235-$305 and 106 lb. and heavier were $210-$251. Hair rams were $145-$195 per cwt. Cull ewes were $105-$207.

Markets at a glance

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