Tight supplies lift price
Hog prices rose, supported by tight supplies after producers rushed animals to market in recent weeks.
Iowa-southern Minnesota hogs delivered were US$52-$53 per hundredweight May 1, up from $48.50-$49 April 24. U.S. hogs averaged $73.91 on a carcass basis May 1, up from $63.96 April 24. The U.S. pork cutout rose to $73.86 per cwt. May 1, up from $69.94 April 24.
The estimated U.S. weekly slaughter for the week to May 2 was 2.164 million, down from 2.184 million the previous week.
Slaughter was 2.015 million last year at the same time.
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Bison prices steady
The Canadian Bison Association said finished bison prices remain steady. Grade A bulls in the desirable weight range sold at prices up to C$5 per pound hot hanging weight. U.S. buyers are offering US$4.10-$4.15 with returns dependent on exchange rates, quality and export costs.
Grade A heifers sold up to C$4.80. U.S. buyers were offering US$3.90.
Animals outside the desirable buyer specifications may be discounted.
Demand for lambs
Beaver Hill Auction in Tofield, Alta., reported 831 sheep and 98 goats sold April 27.
Wool lambs lighter than 54 lb. were $230-$375 per cwt., 55 to 69 lb. were $260-$325, 70 to 85 lb. were $240-$285, 86 to 105 lb. were $202.50-$250 and 106 lb. and heavier were $185-$210.
Wool rams were $75-$130 per cwt. Cull ewes were $70-$150 and bred ewes were $220-$430 per head.
Hair lambs lighter than 54 lb. were $250-$360 per cwt., 55 to 69 lb. were $235-$310, 70 to 85 lb. were $240-$270, 86 to 105 lb. were $190-$240 and 106 lb. and heavier were $185-$197.
Hair rams were $77-$125 per cwt. Cull ewes were $65-$120 and ewe/lamb family were $385-$550 per unit.
Feeder kids lighter than 60 lb. were $230-$270. Good kid goats lighter than 70 lb. were $235-$270. Those heavier than 70 lb. were $225-$255 per cwt. Nannies were $120-$175 per cwt. Billies were $125-$160.
Ontario Stockyards Inc. reported that 897 sheep and lambs and 37 goats traded April 27.
All classes of lambs and goats sold steady. There is a strong demand for heavy well-fed lambs.
