WP livestock report

Reading Time: 2 minutes

Published: September 25, 2014

Hog prices rise

Steady demand for hogs and rising pork prices caused U.S. cash hog prices to rise a little over the week.

However, traders were cautious because hog supplies and animal weights tend to increase at this time of year.

Iowa-southern Minnesota hogs delivered were $78-$78.50 US per hundredweight Sept. 19, up from $77-$77.50 Sept. 12.

On a carcass basis, U.S. hogs averaged $104 per cwt. Sept. 19, up from $100.79 Sept. 12.

The U.S. pork cutout rose to $113.54 Sept. 19, up from $106.57 Sept. 12.

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The estimated U.S. weekly slaughter for the week to Sept. 20 was 2.050 million, down from 2.053 million Sept. 13. Slaughter was 2.178 million last year at the same time.

The average live slaughter weight of barrows and gilts in Iowa-Minnesota two weeks ago was 281.9 pounds, down 0.2 lb. from the previous week but 11 lb. heavier than the same week last year, said the University of Missouri’s weekly hog report.

Bison steady

The Canadian Bison Association said Grade A bulls in the desirable weight range were $4.10 Cdn per lb. hot hanging weight with sales to a high of $4.55.

Grade A heifers sold for $3.95 with sales to a high of $4.35.

Animals outside the desirable buyer specifications may be discounted.

Lambs and sheep firm

Beaver Hill Auction in Tofield, Alta., reported 1,076 sheep and 261 goats sold Sept. 15.

Wool lambs lighter than 54 lb. were $142-$180 per cwt., 55-69 lb. were $160-$185, 70-85 lb. were $160-$180, 86-105 lb. were $160-$175 and 106 lb. and heavier were $162-$173.

Wool rams were $60-$108 per cwt. Cull ewes were $50-$105.

Hair lambs lighter than 54 lb. were $121-$170 per cwt., 55-69 lb. were $150-$175, 70-85 lb. were $150-$170, 86-105 lb. were $152-$165 and 106 lb. and heavier were $158-$165.

Hair rams were $54-$73 per cwt. Cull ewes were $45-$85.

Feeder kids lighter than 60 lb. were $180-$230. Good kid goats lighter than 70 lb. were $225-$250. Those heavier than 70 lb. were $225-$260 per cwt. Nannies were $70-$150 per cwt. Billies were $100-$160.

Ontario Stockyards Inc. reported 1,186 sheep and lambs and 61 goats traded Sept. 15. All classes of sheep, lambs and goats sold higher.

Markets at a glance

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