Hogs lower
U.S. packers easily acquired the hogs they needed, so prices drifted a little lower.
Iowa-southern Minnesota hogs delivered were US$58-$59 per hundredweight June 12, down slightly from $59.50 June 5.
U.S. hogs averaged $77.09 on a carcass basis June 12, down from $79.30 June 5. The U.S. pork cutout fell to $84.86 per cwt. June 12, down from $85.56 June 5.
The estimated U.S. weekly slaughter for the week to June 13 was 2.128 million. Slaughter was 1.914 million last year at the same time.
The U.S. Department of Agriculture will release its hog inventory survey June 26. Look for upward revisions in last fall’s pig crop estimate.
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Bison steady
The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices up to C$5 per pound hot hanging weight with a few at higher prices. U.S. buyers are offering US$4.10-$4.20 with returns dependent on exchange rates, quality and export costs.
Grade A heifers sold for up to C$4.85. U.S. buyers were offering US$3.90. Animals outside the desirable buyer specifications may be discounted.
Lamb prices rise
Beaver Hill Auction in Tofield, Alta., reported that 1,350 sheep and 78 goats sold June 8.
Wool lambs lighter than 54 lb. were $230-$310 per cwt., 55-69 lb. were $230-$280, 70-85 lb. were $220-$260, 86-105 lb. were $202.50-$235 and 106 lb. and heavier were $188-$225.
Wool rams were $50-$140 per cwt. Cull ewes were $50-$125.
Hair lambs lighter than 54 lb. were $210-$260 per cwt., 55-69 lb. were $220-$270, 70-85 lb. were $205-$240, 86-105 lb. were $190-$225 and 106 lb. and heavier were $185-$205.
Hair rams were $60-$120 per cwt. Cull ewes were $61-$75 and ewe-lamb family were $200-$425 per unit.
Feeder kids lighter than 60 lb. were $200-$230. Good kid goats lighter than 70 lb. were $220-$275. Those heavier than 70 lb. were $235-$290 per cwt. Nannies were $70-$135 per cwt. Billies were $125-$160.
Ontario Stockyards Inc. reported that 1,015 sheep and lambs and 39 goats traded June 8.
All well-fed lambs rose. Good lean sheep sold steady with thicker types slightly lower. Goats were steady.
