HOG PRICES FALL
The backup of hogs from the July holiday was cleaned up and hot weather in the U.S. Midwest is slowing weight gains.
American packing plants reduced operations around the weekend, reducing demand for hogs.
Iowa-southern Minnesota cash hogs delivered to plants were $55.50 US per hundredweight July 16, down from $58 July 9.
The U.S. pork carcass cutout value was $80.61 on July 16, down from $83.63 on July 9.
U.S. federal slaughter to July 17 was estimated at two million, up from 1.7 million the previous week.
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BISON STEADY
The Canadian Bison Association said marketers report some resistance to price on middle cuts, but trim prices reached record highs.
Grade A bulls in the desirable weight range were $2.55-$2.80 per pound hot hanging weight.
Grade A heifers in the desirable weight range were $2.50-$2.70.
Older than 30 month animals and those outside the desirable weight range may be discounted.
Slaughter cows and bulls were $1.75-$2.
LAMBS, SHEEP STEADY
Beaver Hill Auction in Tofield, Alta., sold 561 sheep and 236 goats July 12.
Prices were stable. Exceptional lambs sold $10 per cwt. higher. Buyers are selective on quality.
Lambs lighter than 70 lb. were $145-$179 per cwt. Lambs 70 to 85 lb. were $140-$183, 86 to 105 lb. were $138-$173, and those heavier than 105 lb. were $110-$175.
Rams were $45-$90 per cwt. Cull ewes were $45-$80. Sheep families were $159-$225.
Good kid goats heavier than 50 lb. were $150-$210 per cwt. Nannies were $67-$177 per cwt. Goat families were $125-$200. Mature billies were $120-$165.
Ontario Stockyards Inc. reported that 1,398 sheep and lambs and 126 goats traded July 12. All classes of lambs sold at barely steady prices.
Sheep were higher. Goats were steady.
