HOGS stronger
Strong demand heading into U.S. National Pork Month in October helped lift cash hog prices in the United States.
Consumer demand for low cost pork is solid in the face of what were sky high beef prices through the summer and early fall, although beef is falling now.
There was some concern that heavy rain on the southern U.S. East Coast might disrupt heavy population centres and reduce meat demand. The excess rain did not shut down hog plants.
Read Also
Canola used in only quarter of Canadian biofuel
Less than one-quarter of the biodiesel and renewable diesel used in Canada in 2024 was made from canola oil feedstock
Iowa-southern Minnesota hogs delivered were US$53-54 per hundredweight Oct. 2, up from $52.50-53 Sept. 25.
U.S. hogs averaged $70.45 on a carcass basis Oct. 2, up from $68.44 Sept. 25.
The U.S. pork cutout rose to $85.53 per cwt. Oct. 2, up from $83.94 Sept. 25.
The estimated U.S. weekly slaughter for the week to Oct. 2 was 2.27 million, down from 2.276 million the previous week.
Slaughter was 2.084 million last year at the same time.
BISON steady
The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices up to C$5.30 per pound hot hanging weight. U.S. buyers are offering US$4.25 with returns dependent on exchange rates, quality and export costs.
Grade A heifers sold up to C$5.10. U.S. buyers are offering US$4.10.
Animals outside the desirable buyer specifications may be discounted.
SHEEP lower
Beaver Hill Auction in Tofield, Alta., reported that 1,158 sheep and 125 goats sold Sept. 28.
Wool lambs lighter than 54 lb. were $226-$275 per cwt., 55-69 lb. were $230-$249, 70-85 lb. were $212-$237, 86-105 lb. were $194-$219 and 106 lb. and heavier were $178-$203.
Wool rams were $74-$151 per cwt. Cull ewes were $70-$118.
Hair lambs lighter than 54 lb. were $205-$218 per cwt., 55-69 lb. were $204-$238, 70-85 lb. were $200-$234, 86-105 lb. were $184-$212 and 106 lb. and heavier were $177-$186.
Hair rams were $77-$95 per cwt. Cull ewes were $70-$120.
Feeder kids lighter than 60 lb. were $200-$235. Good kid goats lighter than 70 lb. were $230-$265. Those heavier than 70 lb. were $230-$275 per cwt. Nannies were $70-$135 per cwt. Billies were $130-$170.
Ontario Stockyards Inc. reported that 1,205 sheep and lambs and 104 goats traded Sept. 28.
All lambs sold lower to last week’s holiday prices. Sheep sold actively at barely steady prices. Goats sold barely steady on a poorer quality offering.
