WP livestock report

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Published: June 28, 2013

U.S. cash hogs dip

The exceptionally strong prices of recent weeks started to retreat as demand for the July 4 U.S. holiday was met.

Market ready supplies remain tight and pork prices rose.

Porcine epidemic diarrhea virus in 13 states continued to hurt supplies.

Chicago hog futures fell about one percent.

Iowa-southern Minnesota hogs delivered to packing plants dipped to $76 US per hundredweight June 21, down from $77 June 14.

The estimated pork cut-out value rose to $107.97 June 21, up from $104.32 June 14.

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Estimated U.S. slaughter in the week to June 22 was 1.981 million, up from 1.949 million in the previous week.

Last year’s total was 1.959 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 per lb.

Animals older than 30 months and those outside the desirable buyer specifications may be discounted.

Light lambs steady

Ontario Stockyards Inc. reported 2,150 sheep and lambs and 36 goats traded June 17. All well-fed light lambs sold steady.

Good heavy lambs sold $5-$7 cwt. lower. Thin and feeder types were $5-$10 lower. Sheep and goats sold steady.

Markets at a glance

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