WP livestock report

Hogs lower

The cash hog market was lower but still at a premium to the nearby futures.

Hog supplies are expected to increase seasonally.

The U.S. national live price average for barrows and gilts was US$62.94 per cwt. Aug. 4, down from $65.16 July 28.

U.S. hogs averaged $79.82 on a carcass basis Aug. 4, down from $80.98 July 28.

The U.S. pork cutout was $95.77 per cwt. Aug. 4, down from $98.75 July 28 but up 24 percent over the same point last year.

The estimated U.S. weekly slaughter for the week to Aug. 5 was 2.250 million, up from 2.239 million in the previous week.

Slaughter was 2.2 million last year at the same time.

In Canada, the average Signature Five price for the week to Aug. 5 was C$190 per 100 kilograms, down from $195.58 the previous week.

On a per hundredweight basis, the average price was $86.18, down from $88.71 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 steady

Ontario Stockyards Inc. reported that 649 sheep and lambs and 24 goats sold July 31. Lambs and goats sold steady. Sheep traded steady to $10 cwt higher.

Beaver Hill Auction in Tofield, Alta., reported that 814 sheep and 92 goats sold July 31.

Wool lambs lighter than 54 lb. were $225-265 per cwt., 55-69 lb. were $238-$260, 70-85 lb. were $238-257, 86-105 lb. were $216-$248 and 106 lb. and heavier were $200-$215.

Wool rams were $92-$130 per cwt. Cull ewes were $96-$138.

Hair lambs lighter than 54 lb. were $210-$260 per cwt., 55-69 lb. were $200-$250, 70-85 lb. were $235-$251, 86-105 lb. were $205-$235 and 106 lb. and heavier were $180-$205. Hair rams were $100-$120 per cwt. Cull ewes were $95-$154.

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