Hogs down
Hog supply was adequate, and although pork exports are strong, they are not enough to keep hog prices up as we move into the weak demand period of mid-summer.
The U.S. national live price average for barrows and gilts was $58.44 per hundredweight July 15, down from $61.78 July 8.
U.S. hogs averaged $72.58 on a carcass basis July 15, down from $76.33 July 8.
The U.S. pork cutout was $90.29 per cwt. July 15, up from $89.48 July 8.
The estimated U.S. weekly slaughter for the week to July 15 was 2.121 million, up from 1.826 million the previous week.
Read Also
Moe shares goals for Chinese trade mission
To advocate on behalf of Saskatchewan agriculture and other industries, as well as the Canadian canola, pork, pulse, and seafood industries, Saskatchewan Premier, Scott Moe, is travelling to China on a trade mission.
Slaughter was 2.080 million last year at the same time.
Bison
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.
Heavy lambs steady
Beaver Hill Auction in Tofield, Alta., reported 624 sold July 11.
Wool lambs lighter than 54 lb. were $235-275 per cwt., 55-69 lb. were $220-252, 70-85 lb. were $210-236, 86-105 lb. were $185-210 and 106 lb. and heavier were $175-190.
Wool rams were $70-$90 per cwt. Cull ewes were $65-$125.
Hair lambs lighter than 54 lb. were $225-$260 per cwt., 55-69 lb. were $220-$255, 70-85 lb. were $210-226, 86-105 lb. were $175-$200 and 106 lb. and heavier were $160-$184.
Hair rams were $75-$95 per cwt. Cull ewes were $63-$120.
Ontario Stockyards Inc. reported that 925 sheep and lambs and 82 goats traded July 11.
A medium run of new crop lambs sold $5-$10 cwt. lower. Heavy lambs opened selling steady and closed up to $5 cwt. lower. Sheep and good goats sold steady.
