WP livestock report

Hogs lower

The seasonal building of supply weighed down hogs prices. The cash market remains at a premium to the futures.

The U.S. national live price average for barrows and gilts was US$65.16 per hundredweight July 28, down from $67.85 July 21. U.S. hogs averaged $80.98 on a carcass basis July 28, down from $83.33 July 21. The U.S. pork cutout was $98.75 per cwt. July 28, down from $102.78 July 21.

The estimated U.S. weekly slaughter for the week to July 29 was 2.239 million, up from 2.213 million in the previous week.

Slaughter was 2.192 million last year at the same time.

In Canada, the average Signature Five price for the week to July 29 was C$195.58 per 100 kilograms, down from $202.47 the previous week.

On a per hundredweight basis the average price was $88.71, down from $91.84 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.

Light lambs stronger

Ontario Stockyards Inc. reported 846 sheep and lambs and 58 goats sold July 24. Good light lambs sold $5-7 cwt. higher. Heavy lambs traded steady. Sheep sold $5-10 cwt. higher. Goats were steady.

Beaver Hill Auction in Tofield, Alta., reported that 714 sheep and 124 goats sold July 24.

Wool lambs lighter than 54 lb. were $250-295 per cwt., 55-69 lb. were $255-$280, 70-85 lb. were $250-273, 86-105 lb. were $218-$254 and 106 lb. and heavier were $215-$226.

Wool rams were $92-$120 per cwt. Cull ewes were $90-$156.

Hair lambs lighter than 54 lb. were $240-$260 per cwt., 55-69 lb. were $245-$270, 70-85 lb. were $245-$261, 86-105 lb. were $210-$235 and 106 lb. and heavier were $200-$221.

Hair rams were $110-$125 per cwt. Cull ewes were $85-$160.

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