WP livestock report – July 2, 2015

Litter size a record

Hog supply continues to be ample for packer needs.

The U.S. hog herd grew nine percent during the March-May quarter compared with a year ago, according to the U.S. hogs and pigs report.

Pigs per litter set a new record at 10.37.

Farmers are responding to lower prices by reducing their farrowing intentions.

Sows farrowing in June through August are expected to be down three percent from last year at the same time, but because of the improved pigs per litter, the pig crop in that quarter is expected to be up two percent from last year.

Farrowing in September-November is expected to be down four percent but the pig crop up eight percent.

Iowa-southern Minnesota hogs delivered were US$57-$57.50 per hundredweight June 26, down from $58-$59 June 19.

U.S. hogs averaged $72.98 on a carcass basis June 26, down from $75.32 June 19.

The U.S. pork cutout fell to $81.73 per cwt. June 26, down from $82.65 June 19.

The estimated U.S. weekly slaughter for the week to June 27 was 2.143 million, up from 2.135 million the previous week.

Slaughter was 1.910 million last year at the same time.

Bison steady

The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices up to C$5 per pound hot hanging weight with a few at higher prices.

U.S. buyers are offering US$4.25 with returns dependent on exchange rates, quality and export costs.

Grade A heifers sold up to C$4.85. U.S. buyers are offering US$4.10.

Animals outside the desirable buyer specifications may be discounted.

Sheep-lambs lower

Beaver Hill Auction in Tofield, Alta., reported that 1,245 sheep and 106 goats sold June 22.

Wool lambs lighter than 54 lb. were $230-$280 per cwt., 55-69 lb. were $220-$270, 70-85 lb. were $220-$250, 86-105 lb. were $195-$225 and 106 lb. and heavier were $190-$212.

Wool rams were $63-$110 per cwt. Cull ewes were $45-$133.

Hair lambs lighter than 54 lb. were $210-$260 per cwt., 55-69 lb. were $210-$270, 70-85 lb. were $205-$245, 86-105 lb. were $185-$215 and 106 lb. and heavier were $185-$205.

Hair rams were $70-$90 per cwt. Cull ewes were $51-$75 and ewe-lamb families were $160-$250 per unit.

Feeder kids lighter than 60 lb. were $210-$240. Good kid goats lighter than 70 lb. were $240-$300. Those heavier than 70 lb. were $255-$300 per cwt.

Nannies were $120-$160 per cwt. Billies were $145-$210.

Ontario Stockyards Inc. reported that 1,631 sheep and lambs and 99 goats traded June 22.

All lambs traded $5-$10 cwt. lower. Sheep traded $5-$7 cwt. lower. Goats sold at steady prices.

WP LIVESTOCK REPORT

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