HOGS UNDER PRESSURE
An adequate supply of market-ready hogs and falling pork prices kept U.S. cash hog prices under pressure.
The U.S. national live price average for barrows and gilts was $54.31 per hundredweight July 22, down from $58.44 July 15. U.S. hogs averaged $69.41 on a carcass basis July 22, down from $72.58 July 15.
The U.S. pork cutout was $88.48 per cwt. July 22, down from $90.29 July 15. The estimated U.S. weekly slaughter for the week to July 22 was 2.141 million, up from 2.121 million the previous week.
Slaughter was 2.094 million last year at the same time.
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In Canada, the Signature Three price July 23 was C$171.68 per 100 kilograms and $77.87 per 100 pounds. That was down from $180.92 and $82.06 the previous week.
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 STEADY
Beaver Hill Auction in Tofield, Alta., reported that 514 sheep and 46 goats sold July 18.
Wool lambs lighter than 54 lb. were $215-$260 per cwt., 55-69 lb. were $220-$255, 70-85 lb. were $205-$228, 86-105 lb. were $185-$216 and 106 lb. and heavier were $175-$190.
Wool rams were $71-$145 per cwt. Cull ewes were $75-$115.
Hair lambs lighter than 54 lb. were $235-$250 per cwt., 55-69 lb. were $220-$250, 70-85 lb. were $210-226, 86-105 lb. were $175-$200 and 106 lb. and heavier were $160-$190.
Hair rams were $65-$95 per cwt. Cull ewes were $63-$130.
Ontario Stockyards Inc. reported that 1,030 sheep and lambs and 119 goats traded July 18. Goats and lambs sold on a steady market. Sheep traded steady to higher.
