Hogs fall
The U.S. hog slaughter was the second largest ever.
The ample supply of hogs and the record pace of slaughter this fall kept downward pressure on hog and pork prices.
The U.S. national live price average for barrows and gilts was US$32.72 per cwt. Nov. 18, down from $33.25 Nov. 11.
U.S. hogs averaged $40.41 on a carcass basis Nov. 18, down from $40.76 Nov. 11.
The U.S. pork cutout was $73 per cwt. Nov. 18, up from $74.10 Nov. 11.
The estimated U.S. weekly slaughter for the week to Nov. 18 was 2.531 million, up from 2.452 million the previous week.
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It was up 5.7 percent from the 2.394 million slaughtered last year at the same time.
In Canada, the Nov. 19 Signature Five price was C$112.29 per 100 kilograms, down from $114.66 the previous week.
The price was $50.93 on a per hundredweight basis, down from $52.01 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$4.60 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
Beaver Hill Auction in Tofield, Alta., reported 418 sheep and 129 goats sold Nov. 14.
Wool lambs lighter than 54 lb. were $194-$223 per cwt., 55-69 lb. were $190-$214, 70-85 lb. were $180-$204, 86-105 lb. were $182-$203 and 106 lb. and heavier were $170-$185.
Wool rams were $80-$100 per cwt. Cull ewes were $70-$120.
Hair lambs lighter than 54 lb. were $170-$198 per cwt., 55-69 lb. were $185-$201, 70 to 85 lb. were $174-$194, 86 to 105 lb. were $181-$190 and 106 lb. and heavier were $160-$179.
Hair rams were $80-$97 per cwt. Cull ewes were $91-$122.
Ontario Stockyards Inc. reported that 1,110 sheep and lambs and 103 goats traded Nov. 14.
All lambs sold steady. Good goats and sheep sold barely steady. Fatter type sheep sold under pressure.
