WP Livestock Report – August 9, 2012

Hog prices steady

Hog prices were steady for the period with packers well supplied despite heat-stressed and lightweight hogs.

Iowa-southern Minnesota cash hogs delivered to plants were $68 to $68.50 per hundredweight on Aug. 3, down from $72 July 27. The U.S. pork carcass cut-out value was $93.15 Aug. 3, up from $92.27 on July 27.

U.S. federal slaughter to Aug. 4 was estimated at 2.025 million, up from two million the previous week.

Lamb sales strong

Beaver Hill Auction in Tofield, Alta., reported 773 sheep and 303 goats sold July 30.

Wool lambs lighter than 70 lb. were $137-$154 per cwt., 70 to 85 lb. were $120-$138, 86 to 105 lb. were $112-$129 and 106 lb. and heavier were $103-$115.

Wool rams were $48-$64 per cwt. Cull ewes were $50-$65.

Hair lambs lighter than 70 lb. were $130-$150 per cwt., 70 to 85 lb. were $115-$143, 86 to 105 lb. were $110-$123 and 106 lb. and heavier were $103-$115. Hair rams were $56-$64 per cwt. Cull ewes were $60-$68.

Good kid goats lighter than 50 lb. were $240-$300. Those heavier than 50 lb. were $240-$300 per cwt. Nannies were $70-$105 per cwt. Billies were $110-$145.

Ontario Stockyards Inc. reported 1,759 sheep and lambs and 86 goats traded July 30. Well-finished light lambs continue to sell strong.

Heavy lambs opened steady and closed lower. Good sheep sold $4-$8 per cwt. lower. Thin and plainer types were $10-$12 per cwt. lower.

Goats traded steady.

WP LIVESTOCK REPORT

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