Hog prices fall
The number of hogs going to market in the U.S. jumped as producers shipped early to avoid high corn prices.
Slaughter is up and pork prices are down. Also, cooler temperatures in the U.S. are allowing hogs to gain weight more quickly.
Weekly average weights were 267.7 pounds, up from 262.5 last year.
The strong Canadian dollar is pressuring prices in Canada.
Iowa-southern Minnesota hogs traded at $59-$60 Aug. 24, down from $65 Aug. 17.
The U.S. composite pork carcass cut-out value was $86.32 on Aug. 24, down from $91.19 Aug. 17.
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U.S. slaughter for the week jumped to 2.265 million, from 2.166 million the week before and 2.123 million a year ago.
Bison steady
The Canadian Bison Association said Grade A bulls in the desirable weight range were $3.65-$3.90 per lb. hot hanging weight. Grade A heifers were $3.65-$3.90.
Animals older than 30 months and those outside the desirable weight range may be discounted.
Slaughter cows and bulls averaged $1.60-$2.50. In the live market, heifers born in 2011 were $2-$2.30 and bulls were $2.20-$2.40.
Feeder bulls and heifers born in 2010 were $1.90-$2.
Light lambs steady
Beaver Hill Auction in Tofield, Alta., reported 390 sheep and 348 goats sold Aug. 20.
Wool lambs lighter than 70 lb. were $128-$148 per hundredweight, 70 to 85 lb. were $116-$138, 86 to 105 lb. were $115-$128 and 106 lb. and heavier were $115-$125.
Wool rams were $65-$80 per cwt. Cull ewes were $65-$75.
Hair lambs lighter than 70 lb. were $123-$145 per cwt., 70 to 85 lb. were $116-$136, 86 to 105 lb. were $113-$126 and 106 lb. and heavier were $113-$120.
Hair rams were $69-$97.50 per cwt. Cull ewes were $70-$98.
Good kid goats lighter than 50 lb. were $200-$250. Those heavier than 50 lb. were $180-$275 per cwt. Nannies were $63-$85 per cwt. Billies were $95-$150.
Ontario Stockyards Inc. reported 1,314 sheep and lambs and 105 goats traded Aug. 20. All well-fed light lambs continue to sell strong. Heavy well-fed lambs sold $5 lower. Sheep and goats sold at steady prices.
