Rising pork prices, slower hog deliveries and strong packer margins lifted U.S. hog prices.
The demands of the U.S. harvest reduced the number of pigs delivered to slaughter plants. Pork demand was supported by October being U.S. National Pork Month.
The U.S. national live price average for barrows and gilts was US$41.62 per cwt. Oct. 6, up from $38.27 Sept. 29.
U.S. hogs averaged $52.03 on a carcass basis Oct. 6, up from $47.75 Sept. 29.
The U.S. pork cutout was $72.61 per cwt. Oct. 6, down from $73.33 Sept. 29.
The estimated U.S. weekly slaughter for the week to Oct. 7 was 2.524 million, down from 2.527 million in the previous week.
Slaughter was 2.426 million last year at the same time.
In Canada, the average Signature Five price for the week to Oct. 7 was C$121.61 per 100 kilograms, up from $119.49 the previous week.
On a per hundredweight basis, the average price was $55.16, up from $54.20 the previous week.
The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices up to C$6–$6.25 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$5.75-$6. U.S. buyers are offering US$4.50.
Animals outside the desirable buyer specifications may be discounted.
Ontario Stockyards Inc. reported that 1,109 sheep and lambs and 47 goats sold Oct. 2.
Well-fed light and heavy lambs sold slightly higher. All others sold steady.
Thicker sheep sold barely steady. Lean type sheep and all goats sold steady.
Beaver Hill Auction in Tofield, Alta., reported that 717 sheep and 353 goats sold Oct. 2.
Wool lambs lighter than 54 lb. were $197.50-238 per cwt., 55-69 lb. were $206-$237, 70-85 lb. were $201-$224, 86-105 lb. were $190-$214 and 106 lb. and heavier were $190-$200.
Wool rams were $108-$200 per cwt. Cull ewes were $95-$155.
Hair lambs lighter than 54 lb. were $180-$205 per cwt., 55-69 lb. were $170-$222, 70-85 lb. were $190-$217, 86-105 lb. were $188-$197 and 106 lb. and heavier were $185-$197.
Hair rams were $104-$145 per cwt. Cull ewes were $90-$135.