Hogs down
Seasonally increasing market-ready supply pressured prices lower. Two major U.S. plant skipped Saturday slaughter because of hurricane Matthew.
The U.S. national live price average for barrows and gilts was US$34.78 per hundredweight Oct. 7, down from $37.76 Sept. 30.
U.S. hogs averaged $46.36 on a carcass basis Oct. 7, down from $48.27 Sept. 30.
The U.S. pork cutout was $73.40 per cwt. Oct. 7, down from $73.92 Sept. 30.
The estimated U.S. weekly slaughter for the week to Oct. 7 was 2.427 million, down from 2.436 million the previous week.
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Slaughter was 2.293 million last year at the same time.
In Canada, the Oct. 7 Signature Five price was C$124.35 per 100 kilograms, or $56.40 per 100 pounds.
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$4.60 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$4.40.
Animals outside the desirable buyer specifications may be discounted.
Lambs steady-stronger
Beaver Hill Auction in Tofield, Alta., reported that 1,461 sheep and 94 goats sold Oct. 3.
Wool lambs lighter than 54 lb. were $180-$220 per cwt., 55-69 lb. were $190-$224, 70-85 lb. were $182-$210, 86-105 lb. were $187-$205 and 106 lb. and heavier were $192-$200.
Wool rams were $85-$95 per cwt. Cull ewes were $70-$132.
Hair lambs lighter than 54 lb. were $168-$205 per cwt., 55-69 lb. were $182-$210, 70-85 lb. were $170-$198, 86-105 lb. were $170-$192 and 106 lb. and heavier were $185-$193.
Hair rams were $80-$97 per cwt. Cull ewes were $70-$91.
Ontario Stockyards Inc. reported that 1,437 sheep and lambs and 111 goats traded Oct. 3.
Light lambs sold stronger. Heavy types sold steady. Sheep sold $5-$10 lower on the better types. Goats were steady.
