Seasonal tightening of market-ready supply and strong pork exports have put hog prices on an upward trend.
The U.S. national live price average for barrows and gilts was US$53.66 per cwt. May 12, up from $48.75 May 5.
U.S. hogs averaged $69.73 on a carcass basis May 12, up from $64.20 May 5.
The U.S. pork cutout was $83.29 per cwt. May 12, up from $77.74 May 5.
The estimated U.S. weekly slaughter for the week to May 13 was 2.258 million, down from 2.262 million the previous week.
Slaughter was 2.162 million last year at the same time.
In Canada, the average for the week to May 13 Signature Five price was C168.08 per 100 kilograms, up from $151.95 the previous week.
On a per hundredweight basis, the average price was $76.24, up from $68.92 the previous week.
The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices up to C$6.30–$6.50 per pound hot hanging weight. U.S. buyers are offering US$4.75 with returns dependent on exchange rates, quality and export costs. Grade A heifers sold up to C$6-$6.30. U.S. buyers are offering US$4.50.
Animals outside the desirable buyer specifications may be discounted.
Sheep, lambs recover
Beaver Hill Auction in Tofield, Alta., reported that 508 sheep and 54 goats sold May 8.
Wool lambs lighter than 54 lb. were $235-$275 per cwt., 55-69 lb. were $249-$300, 70-85 lb. were $241-276, 86-105 lb. were $204-$241 and 106 lb. and heavier were $199-$210.
Wool rams were $70-$127 per cwt. Cull ewes were $75-$192.
Hair lambs lighter than 54 lb. were $270-$309 per cwt., 55-69 lb. were $239-$274, 70-85 lb. were $220-$250, 86-105 lb. were $195-$220 and 106 lb. and heavier were $187-$195.
Hair rams were $80-$185 per cwt. Cull ewes were $90-$191.
Ontario Stockyards Inc. reported that 887 sheep and lambs and 37 goats traded May 8. New crop lambs sold steady to slightly stronger. Heavy lambs traded $5-$7 per cwt. higher. Lean sheep sold steady, while thicker types were spotty.
Good goats were stronger.