WP livestock report

Hogs rise

Rising pork prices, good export demand from China and ideas that a hot summer in the U.S. Midwest could slow weight gain all supported hog prices last week.

The U.S. national live price average for barrows and gilts was $57.20 per cwt. June 3, up from $56.90 May 27.

U.S. hogs averaged $75.09 on a carcass basis June 3, up from $72.20 May 27.The U.S. pork cutout was $85.92 per cwt. June 3, up from $83.56 May 27.

The estimated U.S. weekly slaughter for the holiday-shortened week to June 3 was 1.899 million, down from 2.181 million the previous week.

Slaughter was 2.120 million last year at the same time.

In Canada, the Maple Leaf Signature Three price was C$80.34 per hundredweight and $177.11 per 100 kilograms, down slightly from $81.06 and $178.71 the week before.

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 U.S. buyers are offering US$4.35.

Animals outside the desirable buyer specifications may be discounted.

Sheep lower

Beaver Hill Auction in Tofield, Alta., reported 617 sheep and 88 goats sold May 30.

Wool lambs lighter than 54 pounds were $205-$287.50 per hundredweight, 55 to 69 pounds were $231-$262, 70 to 85 lb. were $224-$260, 86 to 105 pounds were $190-$229 and 106 pounds and heavier were $183-$207.

Wool rams were $72-$103 per hundredweight. Cull ewes were $73-$162.

Hair lambs lighter than 54 pounds were $195-$265 per hundredweight, 55 to 69 pounds were $224-$250, 70 to 85 pounds were $220-$250, 86 to 105 pounds were $185-$219 and 106 pounds and heavier were $160-$184.

Hair rams were $98-$110 per hundredweight. Cull ewes were $85-$181.

Feeder kids lighter than 60 pounds were $250-$275. Good kid goats lighter than 70 pounds were $270-$305. Those heavier than 70 pounds were $300-$360 per hundredweight. Nannies were $100-$230 per hundredweight. Billies were $145-$310.

Ontario Stockyards Inc. reported that 1,306 sheep and lambs and 48 goats traded May 30.

New crop lambs traded barely steady to slightly lower. Heavy lambs saw active trade but prices slipped. Sheep and goats sold steady.

Markets at a glance

explore

Stories from our other publications