Hogs down
Seasonally increasing market-ready supply pressured prices lower. Two major U.S. plant skipped Saturday slaughter because of hurricane Matthew.
The U.S. national live price average for barrows and gilts was US$34.78 per hundredweight Oct. 7, down from $37.76 Sept. 30.
U.S. hogs averaged $46.36 on a carcass basis Oct. 7, down from $48.27 Sept. 30.
The U.S. pork cutout was $73.40 per cwt. Oct. 7, down from $73.92 Sept. 30.
The estimated U.S. weekly slaughter for the week to Oct. 7 was 2.427 million, down from 2.436 million the previous week.
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No special crop fireworks expected
farmers should not expect fireworks in the special crops market due to ample supplies.
Slaughter was 2.293 million last year at the same time.
In Canada, the Oct. 7 Signature Five price was C$124.35 per 100 kilograms, or $56.40 per 100 pounds.
Bison steady
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$4.60 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$4.40.
Animals outside the desirable buyer specifications may be discounted.
Lambs steady-stronger
Beaver Hill Auction in Tofield, Alta., reported that 1,461 sheep and 94 goats sold Oct. 3.
Wool lambs lighter than 54 lb. were $180-$220 per cwt., 55-69 lb. were $190-$224, 70-85 lb. were $182-$210, 86-105 lb. were $187-$205 and 106 lb. and heavier were $192-$200.
Wool rams were $85-$95 per cwt. Cull ewes were $70-$132.
Hair lambs lighter than 54 lb. were $168-$205 per cwt., 55-69 lb. were $182-$210, 70-85 lb. were $170-$198, 86-105 lb. were $170-$192 and 106 lb. and heavier were $185-$193.
Hair rams were $80-$97 per cwt. Cull ewes were $70-$91.
Ontario Stockyards Inc. reported that 1,437 sheep and lambs and 111 goats traded Oct. 3.
Light lambs sold stronger. Heavy types sold steady. Sheep sold $5-$10 lower on the better types. Goats were steady.
