HOGS RISE
The U.S. national live price average for barrows and gilts was US$54.33 per hundredweight Jan. 19, up from $53.97 Jan. 12.
U.S. hogs averaged $69.36 on a carcass basis Jan. 19, down from $69.45 Jan. 12.
The U.S. pork cutout was $81.44 per cwt. Jan. 19, up from $79.81 Jan. 12.
The estimated U.S. weekly slaughter to Jan. 20 was 2.338 million, down from 2.450 million the previous week.
Slaughter was 2.336 million last year at the same time.
In Canada, the Signature Five price was C$159.33 per 100 kilograms Jan. 20, up from $152.20 the previous week. On a per hundredweight basis, the price was $72.27, up from $69.04.
Read Also
Chinese offer complicates canola marketing
Recently the Chinese ambassador indicated that there would be a potential deal between Canada and China regarding the current tariff war.
BISON STEADY
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$4.75 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$4.50.
Animals outside the desirable buyer specifications may be discounted.
LAMBS steady to lower
Ontario Stockyards Inc. reported that 1,016 sheep and lambs and 53 goats sold Jan. 15. New crop lambs sold steady, and heavy lambs traded actively at $5-$7 per cwt. lower. Sheep sold steady to 5 per cwt. lower. Goats sold steady.
