U.S. cash hogs soar
Packers continued to scramble for supply in the face of seasonal tightness in market ready hogs.
Pork prices jumped higher on strong demand as consumers looked for alternatives to higher priced beef.
Tight stocks might be made worse in the U.S. by herd culling in advance of possibly exceptionally tight corn supply before harvest.
Porcine epidemic diarrhea virus continued to add pressure to thin hog supply.
Packers were reducing their kill to support processing margins.
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Iowa-southern Minnesota hogs delivered to packing plants rose as high at $77 US per hundredweight June 14, up from to $71 on June 7.
Estimated pork cut-out value rose to $104.32 June 14, up from $96.51 June 7.
Estimated U.S. slaughter in the week to June 15 was 1.949 million, down from 2.018 million in the previous week. Last year’s total was 1.957 million.
Bison steady
The Canadian Bison Association said Grade A bulls in the desirable weight range averaged $3.50 Cdn per pound hot hanging weight. Grade A heifers sold up to $3.45.
Animals older than 30 months and those outside the desirable buyer specifications may be discounted.
Lambs mixed
Beaver Hill Auction in Tofield, Alta., reported 526 sheep and 84 goats sold June 10.
Wool lambs lighter than 70 lb. were $132-$162 per cwt., 70-85 lb. were $116-$144, 86-105 lb. were $100-$119 and 106 lb. and heavier were $89-$99.
Wool rams were $30-$57 per cwt. Cull ewes were $30-$50 and bred ewes were $125-$160 per head.
Hair lambs lighter than 70 lb. were $126-$156 per cwt., 70-85 lb. were $100-$137, 86-105 lb. were $85-$100 and 106 lb. and heavier were $84-$96.
Hair rams were $34-$49 per cwt. Cull ewes were $39-$60.
Good kid goats lighter than 50 lb. were $195-$235.
Those heavier than 50 lb. were $190-$235 per cwt. Nannies were $75-$150 per cwt. Billies were $95-$167.50.
Ontario Stockyards Inc. reported 1,427 sheep and lambs and 33 goats traded June 10. Well-fed light lambs sold stronger.
Heavy lambs sold steady to slightly lower.
Sheep and goats sold steady.
