HOG PRICE DROPS
Ample supply, a short slaughter week and slower retail demand as the barbecue season winds down pushed U.S. cash hog prices sharply lower.
The Iowa-southern Minnesota cash hog price reported by Reuters is not available.
In its place we will provide the western Midwest daily direct weighted average price, which was $82.07 US on Sept. 2, down from $91.86 Aug. 26.
The cash U.S. pork carcass cut-out value closed at $94.60 Sept. 2, down from $101.79 Aug. 26.
The U.S. federal slaughter estimate was 2.13 million, up from 2.11 million the previous week.
Read Also
Agriculture ministers agree to AgriStability changes
federal government proposed several months ago to increase the compensation rate from 80 to 90 per cent and double the maximum payment from $3 million to $6 million
BISON PRICES WEAKEN
The Canadian Bison Association said prices edged lower as buyers rejected recent high prices.
Grade A bulls in the desirable weight range were $3.90-$4.10 per pound hot hanging weight. Grade A heifers were $3.80-$4.10.
Animals older than 30 months and those outside the desirable weight range may be discounted.
Slaughter cows and bulls averaged $2.80.
LAMB PRICES RISE
Beaver Hill Auction in Tofield, Alta., reported 586 sheep and 96 goats sold Aug. 29.
Wool lambs lighter than 70 lb. were $185-$213 per hundredweight, 70-85 lb. were $173-$192, 86-105 lb. were $171-$180 and 106 lb. and heavier were $165-$176.
Wool rams were $75-$82 per cwt. Cull ewes were $65-$78 and bred ewes were $190-$220 per head.
Hair lambs lighter than 70 lb. were $169-$192 per cwt., 70-85 lb. were $169-$186, 86-105 lb. were $158- $172 and 106 lb. and heavier were $155-$170.
Hair rams were $68-$77 per cwt. Cull ewes were $55-$70.
Good kid goats lighter than 50 lb. were $230-$277.50. Those heavier than 50 lb. were $235-$267.50 per cwt. Nannies were $65-$88 per cwt. Billies were $130-$177.50.
Ontario Stockyards Inc. reported 2,126 sheep and lambs and 172 goats traded Aug. 29. All classes of lambs, sheep and goats sold steady.
