Hogs fall
The U.S. hog quarterly report was negative for prices with the herd at 70.851 million head, the highest for any quarter in a data set started in 1988.
The herd was 102 percent of last year, up from analysts’ estimates of 101.2 percent.
The nearby hog contract fell to 49.025 cent per pound in the Chicago futures market, the lowest since Oct. 6, 2009.
The U.S. national live price average for barrows and gilts was US$37.76 per hundredweight Sept. 30, down from $39.94 Sept. 23.
U.S. hogs averaged $48.27 on a carcass basis Sept. 30, down from $50.88 Sept. 23.
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The U.S. pork cutout was $73.92 per cwt. Sept. 30, down from $76.92 Sept. 23.
The estimated U.S. weekly slaughter for the week to Sept. 30 was 2.194 million, up from 2.189 million the previous week.
Slaughter was 2.135 million last year at the same time.
In Canada, the Sept. 30 Signature Three price was C$121.51 per 100 kilograms, or $55.12 per 100 pounds, down from $127.45 or $57.81 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-$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.
Grade A heifers sold up to C$5.75-$6. 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 that 1,646 sheep and 217 goats sold Sept. 26.
Wool lambs lighter than 54 pounds were $200-$230 per cwt., 55-69 lb. were $203-$228, 70-85 lb. were $180-$218, 86-105 lb. were $190-$210 and 106 lb. and heavier were $192-$205.
Wool rams were $75-$105 per cwt. Cull ewes were $70-$132.
Hair lambs lighter than 54 lb. were $188-$210 per cwt., 55-69 lb. were $176-$215, 70-85 lb. were $170-$198, 86-105 lb. were $170-$196 and 106 lb. and heavier were $189-$195.
Hair rams were $93-$125 per cwt. Cull ewes were $70-$150.
Ontario Stockyards Inc. reported that 1,067 sheep and lambs and 67 goats traded Sept. 26.
Heavy type lambs sold barely steady. Light lambs, good sheep and goats traded steady.
