Hog prices up
U.S. packers increased their bids last week to ensure they had adequate supply.
Market-ready supply normally increases in October, but buyers were unsure what to expect because the porcine epidemic diarrhea virus is still killing piglets.
Packers were enjoying good margins, giving them room to lift bids.
Iowa-southern Minnesota hogs delivered were US $81-$82 per hundredweight Sept. 26, up from $78-$78.50 Sept. 19.
On a carcass basis, U.S. hogs averaged $105.42 Sept. 25, up from $104 per cwt. Sept. 19.
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The U.S. pork cutout rose to $118.63 Sept. 26, up from $113.54 Sept. 19.
The estimated U.S. weekly slaughter for the week to Sept. 27 was 2.095 million, up from 2.05 million Sept. 20. Slaughter was 2.187 million last year at the same time.
The herd estimate in the U.S. Department of Agriculture’s Sept. 26 hogs and pigs report was larger than expected, as was the breeding herd estimate. It was expected to weaken hog futures this week.
Bison steady
The Canadian Bison Association said Grade A bulls in the desirable weight range were C $4.10 per pound 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.
Sheep, lambs stronger
Beaver Hill Auction in Tofield, Alta., reported 1,546 sheep and 314 goats sold Sept. 22.
Wool lambs lighter than 54 lb. were $144-$180 per cwt., 55-69 lb. were $160-$185, 70-85 lb. were $160-$183, 86-105 lb. were $160-$179 and 106 lb. and heavier were $164-$175.
Wool rams were $60-$108 per cwt. Cull ewes were $50-$105.
Hair lambs lighter than 54 lb. were $129-$170 per cwt., 55 to 69 lb. were $151-$175, 70-85 lb. were $160-$174, 86-105 lb. were $160-$168 and 106 lb. and heavier were $158-$165.
Hair rams were $59-$125 per cwt. Cull ewes were $45-$135.
Feeder kids lighter than 60 lb. were $170-$220. Good kid goats lighter than 70 lb. were $225-$250. Those heavier than 70 lb. were $225-$250 per cwt. Nannies were $77.50-$95 per cwt. Billies were $130-$160.
Ontario Stockyards Inc. reported 1,590 sheep and lambs and 148 goats traded Sept. 22.
All classes of sheep, lambs and goats sold actively at $5-$10 cwt. higher.
