Plentiful hog supply
U.S. cash hog prices plunged last week as the number of available hogs outpaced demand and pork prices fell.
Hog numbers normally increase at this time of year.
The average live carcass weight was 270 pounds, up 3.7 percent from last year.
After several weeks of higher than previous year slaughter, sow kill for the week ending Sept. 13 dropped to 60,008 at U.S federal plants, down 18 percent from 72,945 last year.
Iowa-southern Minnesota cash hogs delivered to plants fell to $36 US per cwt., down from $40 Sept. 18.
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The U.S. pork carcass cut-out value fell to $54.75 Sept. 25, down from $56.79 on Sept. 18.
U.S. federal slaughter to Sept. 26 was estimated at 2.35 million, up from 2.31 million the previous week. Compared to the same week last year, slaughter was about steady.
Bison prices weaken
The Canadian Bison Association said the downward pressure on A1 bulls and heifers continued.
Grade A youthful bulls in the desirable weight range in Canada fell to $2.35-$2.60 per lb. hot hanging weight.
Grade A youthful heifers fell to $2.25-$2.35 per lb.
Cull cows and bulls sold from $1.35 to $1.40 per lb.
Weight, quality, age and delivery location affect final price.
Sheep lower
Ontario Stockyards reported 1,905 sheep and lambs and 130 goats traded Sept. 21. Lambs were steady. Sheep were $3 to $5 per cwt. lower and goats were down $10.
Beaver Hill Auction in Tofield, Alta., reported 1,053 sheep and lambs and 189 goats traded Sept. 21. Sheep and goats were down by $5 to $25 per cwt. Light kid goats fell and lambs heaver than 95 lb. were pressured lower.
Lambs lighter than 70 lb. were $113-$137 per cwt. Lambs 75 to 85 lb. were $110-$137, 86 to 105 lb. were $100-$129.50, and those heavier than 105 lb. were $100-$118. Rams were $40-$65 per cwt. Ewe culls were $45-$64. Breeding ewes were $65-$89.
Good kid goats heavier than 50 lb. were $140-$195 per cwt. Nannies were $40-$65 per cwt. and replacement does were $65-$140. Mature billies were $70-$147.
