Western Producer Livestock Report

Posted

Hog prices edge lower

With buying for the July 4 holiday wrapping up, packers’ needs were met and U.S. cash hog prices edged a little lower.

Futures rose on thoughts that the intense heat in the Midwest and central Plains would slow weight gain.

Iowa-southern Minnesota hog traded at $74.50 US per hundredweight June 29, down from $75.50 June 22.

U.S. pork carcass cut-out values climbed as high as $101.29 on June 25 before drifting back to $95.43 June 29, down from $100.81 June 22.

The U.S. federal weekly slaughter was estimated at 1.999 million animals, up from 1.954 million the week before.

The U.S. quarterly hogs and pigs inventory put the herd at 65.829 million, up one percent from last year.

The breeding herd June 1 was 5.862 million, up one percent.

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The news was negative for future prices because traders had expected expensive feed would restrict growers’expansion plans.

Bison prices steady

Grade A bulls in the desirable weight range were $3.65-$3.90 per pound hot hanging weight. Grade A heifers were $3.65-$3.90.

Animals outside the desirable weight range and parameters may be discounted.

Slaughter cows and bulls ranged from $1.60-$2.50. In the live market, heifers born in 2011 were $2-$2.30 per lb. and bulls were $2.20-$2.40.

Bulls and heifers born in 2010 were $1.90-$2.

Lamb prices fall

Beaver Hill Auction in Tofield, Alta., reported 626 sheep and 151 goats sold June 25.

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Wool lambs lighter than 70 lb. were $160-$200 per cwt., 70 to 85 lb. were $145-$185, 86 to 105 lb. were $135-$155 and 106 lb. and heavier were $135-$145.

Wool rams were $48-$58 per cwt. Cull ewes were $45-$55.

Hair lambs lighter than 70 lb. were $160-$190 per cwt., 70 to 85 lb. were $150-$184, 86 to 105 lb. were $135-$154 and 106 lb. and heavier were $130-$145.

Hair rams were $50-$60 per cwt. Cull ewes were $50-$65.

Good kid goats lighter than 50 lb. were $230-$275. Those heavier than 50 lb. were $235-$285 per cwt. Nannies were $70-$95 per cwt. Billies were $100-$125.

Ontario Stockyards Inc. reported 1,653 sheep and lambs and 35 goats traded June 25. All classes of lambs sold $5-$10 cwt. lower.

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Sheep traded $5-$10 cwt. higher. Goats sold steady.