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Western Producer Livestock Report – for Sep. 16, 2010

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Published: September 16, 2010

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HOGS RISE

Tight supply of market ready hogs in the United States supported prices despite slowly falling pork prices.

Packer margins were positive.

Iowa-southern Minnesota cash hogs delivered to plants rose to $61 US per hundredweight Sept. 10 from $59 on Sept. 3.

The U.S. pork carcass cut-out value fell to $89.85 Sept. 10 from $91.31 Sept. 3.

U.S. federal slaughter in the holiday- shortened week to Sept. 10 was estimated at 1.92 million, down from 2.1 million the previous week.

BISON STRENGTHEN

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The Canadian Bison Association said tight supply of finished animals drove prices higher.

Grade A bulls in the desirable weight range were $3–$3.10 per pound hot hanging weight.

Grade A heifers in the desirable weight range were steady at $2.90– $3.

Older than 30 month animals and those outside the desirable weight range may be discounted.

Slaughter cows and bulls were $2–$2.20.

Yearling bulls were $1.50–$1.60 per lb. live.

LIGHT LAMBS STEADY

Ontario Stockyards Inc. reported 1,692 sheep and lambs and 165 goats traded Sept. 7. Light lambs were barely steady. Heavy lambs and goats sold steady. Sheep were $5 lower.

At Olds Auction at Olds, Alta., in the Sept. 7 sale, ewes were $75–$150 per head and feeder lambs were $85– $145 per head.

Nannies were $90–$135 and billies $140–$175.

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