Hogs sharply lower
Packers were getting comfortable with supply heading toward Labour Day plant closures.
Cooler Midwest weather is helping hogs gain weight faster.
The U.S. national live price average for barrows and gilts was US$54.59 per cwt. Aug. 25 down from $60.02 Aug 18.
U.S. hogs averaged $66.73 on a carcass basis Aug. 25, down from $73.34 Aug 18. The U.S. pork cutout was $86.41 per cwt. Aug. 25, down from $90.14 Aug. 18.
The estimated U.S. weekly slaughter for the week to Aug. 26 was 2.338 million, up from 2.334 million in the previous week.
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Slaughter was 2.267 million last year at the same time.
In Canada the average for the week to Aug. 26 Signature Five price was C$171.86 per 100 kilograms, down from $185.00 the week before.
On a per hundredweight basis the average price was $77.96 down from $83.92 the week before.
Bison steady
The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices up to C$6.25–$6.40 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 mixed
Ontario Stockyards Inc. reported 1,395 sheep and lambs and 117 goats sold Aug 21. Light weight lambs sold $5 to $10 lower.
All other lambs sold $5 to $10 higher. Sheep sold at about steady prices. Heavy kid goat sold at a premium. Light kids and nanny goats sold barely steady.
Beaver Hill Auction in Tofield, Alta., reported 774 sheep and 115 goats sold Aug 21.
Wool lambs lighter than 54 lb. were $210-$240 per cwt., 55 to 69 lb. were $225-$255, 70 to 85 lb. were $230-$262, 86 to 105 lb. were $225-$250 and 106 lb. and heavier were $200-$225.
Wool rams were $105-$148 per cwt. Cull ewes were $96-$180.
Hair lambs lighter than 54 lb. were $175-$235 per cwt., 55 to 69 lb. were $208-$245, 70 to 85 lb. were $200-$245, 86 to 105 lb. were $200-$237 and 106 lb. and heavier were $200-$215.
Hair rams were $90-$210 per cwt. Cull ewes were $95-$240.
