Grain-fed cows bring premium
SASKATOON – Cows were the highlight of the market this week. They continued to trade $3 per hundredweight higher with some grain-fed cows bringing a premium, reported Canfax.
The lower numbers helped the higher prices, but so did good demand. D1 and 2 cows ranged from $48-$59 per cwt. with top prices paid of $60-$64.50. D3 cows ranged from $40-$56 per cwt. and topped out about $58 per cwt. Rail grade bids were between $100-$110 per cwt.
In Western Canada, fed cattle were $1-$1.50 higher than the previous week’s close. On Thursday, steers brought $78-$80.30 per cwt. and heifers $77-$79.55.
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Hog prices, sales strong
In hogs, prices in Canada continued to rise. Prices in the United States also finished higher with the shortened Memorial Day weekend.
In Alberta, sales were strong. The average price was $1.10 per hundred kilograms higher than a week earlier. The week’s average was $135.70 per ckg.
In Saskatchewan sales were up by 2,200 hogs. The average paid was $134.10 per ckg, an increase of $1.60 compared with the previous week.
There was a big jump in Manitoba. There were 5,000 more hogs sold than last week. The average price was $134.85 per ckg, up 81 cents from the previous week.
In Ontario, 10,000 more hogs were sold than a week earlier. The average price was $144.39 per ckg.
