U.S. cash hogs steady
U.S. hog processors reduced their buying and slowed slaughter lines to adjust to the tight supply of market-ready hogs. Hog prices were expected to edge lower now that demand for July 4 cookouts is past.
Cut-out prices rose to an all time record with the $111.33 per hundredweight paid on June 26 surpassing the $110.19 set Aug. 8, 2011.
Porcine epidemic diarrhea virus remains a threat to future market supply, with about 200 locations reportedly hit by the virus.
Iowa-southern Minnesota hogs delivered to packing plants were $75 to $75.50 US per cwt. June 28, down from $76 June 21.
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Estimated pork cut-out value was $109.95, up from $107.97 June 21.
Estimated U.S. slaughter in the week to June 29 was 2,018 million, up from 1,981 million in the previous week.
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.
Beaver Hill Auction in Tofield, Alta., reported 887 sheep and 553 goats sold June 24.
Lambs lower
Wool lambs lighter than 70 lb. were $116-$138 per cwt., 70-85 lb. were $116-$137, 86-105 lb. were $100-$119 and 106 lb. and heavier were $89-$106. Wool rams were $20-$30 per cwt. Cull ewes were $20-$30 and bred ewes were $125-$160 per head.
Hair lambs lighter than 70 lb. were $110-$126 per cwt., 70-85 lb. were $100-$124, 86-105 lb. were $85-$100 and 106 lb. and heavier were $84-$96.
Hair rams were $34-$49 per cwt. Cull ewes were $25-$40.
Good kid goats lighter than 50 lb. were $195-$250. Those heavier than 50 lb. were $190-$245 per cwt. Nannies were $65-$110 per cwt. Billies were $95-$147.50.
Ontario Stockyards Inc. reported 1,795 sheep and lambs and 85 goats traded June 24. Well-finished lambs opened steady and closed lower. Plain and thin types sold under pressure at lower prices. Sheep and goats sold barely steady.
