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Western Producer Livestock Report – for Nov. 11, 2010

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Published: November 11, 2010

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SHEEP, LAMBS STRONGER

Beaver Hill Auction in Tofield Alta., reported 959 sheep and 345 goats sold Nov. 1.

Wool lambs lighter than 70 pounds were $159-$180 per hundredweight, 70 to 85 lb. were $158-$179, 86 to 105 lb. were $147-$159, and 106 lb. and heavier were $130-$146.

Wool rams were $68-$80 per cwt. Cull ewes were $65-$79 and bred ewes were $85-$101.

Hair lambs lighter than 70 lb. were $130-$145 per cwt., 70 to 85 lb. were $128-$140, 86 to 105 lb. were $128-$150 and 106 lb. and heavier were $120-$132.

Hair rams were $76-$95 per cwt. Cull ewes were $70-$82.

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Good kid goats lighter than 50 lb. were $160-$205.

Those heavier than 50 lb. were $160-$207.50 per cwt.

Nannies were $70-$95 per cwt. Billies were $122.50-$155.

Ontario Stockyards sold 1,405 sheep and lambs and 178 goats Nov. 1.

All lambs, sheep and goats sold actively at steady to stronger prices.

HOGS PRICES BREAK FALL

Healthy operating margins caused U.S. packers to increase kill, leading to greater hog demand and a break in several weeks of falling prices.

The average hog weight two weeks ago in Iowa-Minnesota hit a record 276 pounds, up 0.7 lb. from the week before and up from 270.4 lb. a year ago.

Ron Plain, hog market economist at the University of Missouri, said there are several reasons for the rising weights.

Pigs like the cooler fall weather.

The long-term trend is to heavier weights. The nutritional quality of this year’s corn crop is superior to the 2009 crop. Also, there might be a back up in the number of market-ready hogs.

Iowa-southern Minnesota cash hogs delivered to plants rose to $47 US per hundredweight Nov. 5, up from $44-$46 Oct. 28.

The U.S. pork carcass cutout value rose to $77.46 Nov. 5 from $73.68 Oct. 29. U.S. federal slaughter estimate was 2.34 million, up from 2.31 million the previous week.

BISON PRICES STAY STRONG

The Canadian Bison Association said prices are steady for now but could be pressured higher in December. But end users are complaining about bison meat costs.

Grade A bulls in the desirable weight range were $3-$3.45 per lb. hot hanging weight.

Grade A heifers in the desirable weight range were $3-$3.45.

Slaughter cows and bulls were $2.10-$2.40.

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