Hogs up
Prices rose as supplies tightened as they normally do this time of year.
Pork prices rose, helping improve packer profit margins. Packers might have increased buying to assure supply ahead of an expected winter storm in the U.S. Plains and Midwest.
Iowa-Minnesota hog weights for the week ended Jan. 23 averaged 284.6 pounds, down .7 lb. from the previous week and 1.5 lb. from a year ago.
Iowa-southern Minnesota hogs delivered were US$44.50-$45.00 per hundredweight Jan. 29, up from $41.50-$42.50 Jan 21.
U.S. hogs averaged $59.92 on a carcass basis Jan 29, up from than $52.79 Jan. 21.
Read Also
One Beer Market Updates Day 3 – Lentils and beef
Day 3 of the One Beer Market Update at Ag in Motion 2025.
The U.S. pork cutout was $77.01 per cwt. Jan 29, up from $75.29 Jan 21.
The estimated U.S. weekly slaughter for the week to Jan. 29 was 2.328 million, up from 2.315 million the previous week.
Slaughter was 2.240 million last year at the same time.
Bison edge higher
The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices up to C$6 per pound hot hanging weight. U.S. buyers are offering US$4.25 with returns dependent on ex-change rates, quality and export costs.
Grade A heifers sold up to C$5.75. American buyers are offering US$4.10.
Animals outside the desirable buyer specifications may be discounted.
Sheep steady
Beaver Hill Auction in Tofield, Alta., reported that 734 sheep and 53 goats sold Jan. 25.
Wool lambs lighter than 54 lb. were $230-$255 per cwt., 55-69 lb. were $243-$270, 70-85 lb. were $215-$250, 86-105 lb. were $147-$220 and 106 lb. and heavier were $123-$170.
Wool rams were $90-$115 per cwt. Cull ewes were $85-$124.
Hair lambs lighter than 54 lb. were $210-$240 per cwt., 55-69 lb. were $220-$255, 70-85 lb. were $200-$235, 86-105 lb. were $140-$213 and 106 lb. and heavier were $120-$162.
Hair rams were $84-$95 per cwt.
Feeder kids lighter than 60 lb. were $205-$235.
Good kid goats lighter than 70 lb. were $220-$270. Those heavier than 70 lb. were $220-$260 per cwt.
Nannies were $127.50-$186 per cwt. Billies were $132.50-$180.
Ontario Stockyards Inc. reported 1,085 sheep and lambs and 26 goats traded Jan. 25.
New crop lambs, sheep and goats sold steady. Most heavy lambs sold barely steady with lambs heavier than 110lb. and sold $10-$20 cwt. lower.
