Hogs drift lower
U.S. hogs averaged US$62.59 on a carcass basis Aug. 12, down a few cents from $62.77.
The U.S. pork cutout was $74.56 per hundredweight Aug. 12, down from $74.76 Aug.12. The estimated U.S. weekly slaughter for the week to Aug. 12 was 2.291 million, up from 2.236 million the previous week.
Slaughter was 2.231 million last year at the same time.
In Canada, the Signature Three price was $150.92 per 100 kilograms Aug. 12, or $68.46 per 100 pounds, down a little from $150.85 or $68.43 the previous week.
Bison price firm
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The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices of C$6-$6.25 per pound hot hanging weight.
U.S. buyers are offering US$4.50 with returns dependent on exchange rates, quality and export costs. U.S. demand is strong.
Grade A heifers sold up to C$5.75. U.S. buyers are offering US$4.30.
Animals outside the desirable buyer specifications may be discounted.
Sheep stronger
Beaver Hill Auction in Tofield, Alta., reported that 858 sheep and 62 goats sold Aug. 15.
Wool lambs lighter than 54 lb. were $230-$280 per cwt., 55-69 lb. were $220-$267, 70-85 lb. were $211-$239, 86-105 lb. were $202-$226 and 106 lb. and heavier were $192-$202.
Wool rams were $80-$121 per cwt. Cull ewes were $90-$165.
Hair lambs lighter than 54 lb. were $220-$260 per cwt., 55-69 lb. were $225-$245, 70-85 lb. were $210-234, 86-105 lb. were $202-$219 and 106 lb. and heavier were $182-$196.
Hair rams were $90-$141 per cwt. Cull ewes were $90-$164.
Ontario Stockyards Inc. reported that 1,327 sheep and lambs and 73 goats traded Aug 15.
An average run of light lambs sold slightly lower. Heavy lambs sold steady.
Goats and good sheep traded steady with leaner sheep barely steady.
