WP livestock report

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Published: September 15, 2016

Hogs remain weak

Cash prices were little changed, but hope is building for increased hog buying for U.S. national pork month in October.

The U.S. national live price average for barrows and gilts was $44.98 per cwt. Sept. 9.

U.S. hogs averaged $58.21 on a carcass basis Sept. 9, unchanged from $58.21 Sept. 2.

The U.S. pork cutout was $81.67 per cwt. Sept. 9, up from $77.61 Sept. 2.

Packer margins are strong. The estimated U.S. weekly slaughter for the holiday-shortened week to Sept. 9 was 2.084 million, down from 2.252 million the previous week.

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Slaughter was 2.049 million last year at the same time.

In Canada, the Sept. 9 Signature Three price was C$140.22 per 100 kilograms, or $63.60 per 100 pounds, down from $144.29 or $65.45 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$4.50 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$4.30.

Animals outside the desirable buyer specifications may be discounted.

Sheep steady

Beaver Hill Auction in Tofield, Alta., reported 1,681 sheep and 282 goats sold Sept. 6.

Wool lambs lighter than 54 lb. were $235-$260 per cwt., 55 to 69 lb. were $222.50-$243, 70 to 85 lb. were $200-$223, 86 to 105 lb. were $193-$209 and 106 lb. and heavier were $183-$198.

Wool rams were $80-$130 per cwt. Cull ewes were $80-$153.

Hair lambs lighter than 54 lb. were $210-$237 per cwt., 55 to 69 lb. were $213-$238, 70 to 85 lb. were $193-$212, 86 to 105 lb. were $185-$201 and 106 lb. and heavier were $180-$195.

Hair rams were $91-$106 per cwt. Cull ewes were $80-$132.50.

Ontario Stockyards Inc. reported that 1,727 sheep and lambs and 51 goats traded Sept. 6.

All classes of well fed sheep, lambs and goats sold steady to stronger.

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