WP livestock report

Posted

Hogs rise

Seasonally tight supplies and retail demand for barbecue pork products helped lift hog prices.

U.S. hogs averaged US$84.72 on a carcass basis June 16, up from $76.61 June 9.

The U.S. pork cutout was $95.63 per cwt. June 16, up from $92.45 June 9.

The estimated U.S. weekly slaughter for the week to June 17 was 2.179 million, down from 2.192 million in the previous week.

Slaughter was 2.152 million last year at the same time.

In Canada, the average Signature Five price for the week to June 17 was C$195.20 per 100 kilograms, up from $188.63 the previous week.

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On a per hundredweight basis, the average price was $88.54, up from $85.56 the previous week.

Bison steady

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 or more 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.

Lambs strong

Ontario Stockyards Inc. reported that 732 sheep and 44 goats sold June 12. Light lambs traded steady. Heavy lambs, sheep and goats traded steady to stronger.

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Beaver Hill Auction in Tofield, Alta., reported that 1,036 sheep and 172 goats sold June 12. All classes of lamb and butcher-ready goats were strong.

Wool lambs lighter than 54 lb. were $285-347 per cwt., 55- 69 lb. were $270-$340, 70-85 lb. were $264-306, 86-105 lb. were $241-$294 and 106 lb. and heavier were $220-$252.

Wool rams were $80-$150 per cwt. Cull ewes were $85-$160.

Hair lambs lighter than 54 lb. were $270-$305 per cwt., 55-69 lb. were $279-$333, 70-85 lb. were $225-$266, 86-105 lb. were $230-$250 and 106 lb. and heavier were $220-$239.

Hair rams were $122-$140 per cwt. Cull ewes were $95-$180.

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