Hogs rise
U.S. cash hog prices rose as packers maintained a strong slaughter pace on good profit margins.
Pork prices rose. Hog deliveries slowed because of the rapid pace of seeding in the U.S. Midwest.
Iowa-southern Minnesota hogs delivered were US$56 per hundredweight May 13, up from $50-$53.50 May 5.
U.S. hogs averaged $73.53 May 13 on a carcass basis, up from $71.27 May 5. The U.S. pork cutout was $82.50 per hundredweight May 13, up from $$81.65 May 5.
The estimated U.S. weekly slaughter for the week to May 14 was 2.16 million, down from 2.214 million the previous week.
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Slaughter was 2.125 million last year at the same time.
In Canada, the Signature 3 price for the week ending May 14 was $79.02 per hundredweight, or $174.21 per 100 kilograms, up from the previous week’s $75.51 per hundredweight, or $166.46.
Bison steady
The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices up to C$6 per pound hot hanging weight. U.S. buyers are offering US$4.45 with returns dependent on exchange rates, quality and export costs.
Grade A heifers sold up to C$5.75. American buyers are offering US$4.35.
Animals outside the desirable buyer specifications may be discounted.
Sheep steady
Ontario Stockyards Inc. reported that 733 sheep and lambs and 47 goats traded May 9.
Sheep, lambs and goats sold steady.
Beaver Hill Auction in Tofield, Alta., reported 808 sheep and 81 goats sold May 9.
Wool lambs lighter than 54 lb. were $205-$265 per cwt., 55 to 69 lb. were $229-$267, 70 to 85 lb. were $229-$260, 86 to 105 lb. were $190-$229 and 106 lb. and heavier were $150-$196.
Wool rams were $79-$96 per cwt. Cull ewes were $80-$126.
Hair lambs lighter than 54 lb. were $220-$260 per cwt., 55 to 69 lb. were $221-$260, 70 to 85 lb. were $221-$250, 86 to 105 lb. were $188-$219 and 106 lb. and heavier were $140-$179.
Hair rams were $75-$121 per cwt. Cull ewes were $95-$125.
Feeder kids lighter than 60 lb. were $250-$275. Good kid goats lighter than 70 lb. were $252.50-$310.
Those heavier than 70 lb. were $277.50-$320 per cwt. Nannies were $100-$195 per cwt. Billies were $155-$255.
