WP Livestock Report

Reading Time: 2 minutes

Published: August 29, 2013

Hog prices fall

Market-ready hog supply increased seasonally and demand fell, as it normally does this time of year.

Cash hog bids fell strongly through the week.

Pork belly prices often drop in late summer as the bacon-lettuce-tomato sandwich season winds down.

Iowa-southern Minnesota hogs fell to $68 US per hundredweight delivered to packing plants Aug. 23, down from $73 Aug. 16. The estimated pork cut-out value was $100.56 Aug. 23, down from $103.74 Aug. 16.

The estimated weekly U.S. slaughter to Aug 3 was 2.21 million, up from 2.18 million the previous week. Last year’s total was 2.27 million.

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Bison steady

The Canadian Bison Association said Grade A bulls in the desirable weight range averaged $3.50 Cdn per pound hot hanging weight with sales to $3.70. Grade A heifers sold at $3.45 with sales to $3.55.

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

Lambs steady

Beaver Hill Auction in Tofield, Alta., reported 936 sheep and 331 goats sold Aug. 19.

Wool lambs lighter than 70 lb. were $97-$130 per cwt., 70-85 lb. were $105-$125, 86-105 lb. were $105-$126 and 106 lb. and heavier were $112-$125.

Wool rams were $50-$76 per cwt. Cull ewes were $30-$50.

Hair lambs lighter than 70 lb. were $85-$125 per cwt., 70-85 lb. were $100-$125, 86-105 lb. were $100-$115 and 106 lb. and heavier were $110-$118.

Hair rams were $44-$69 per cwt. Cull ewes were $35-$50.

Good kid goats lighter than 50 lb. were $195-$260. Those heavier than 50 lb. were $195-$260 per cwt. Nannies were $60-$110 per cwt. Billies were $100-$160.

Ontario Stockyards Inc. reported 1,752 sheep and lambs and 38 goats traded Aug. 19. All well-finished lambs sold actively at steady prices. Grass, feeder and under-finished types sold under pressure at about steady prices. Sheep and goats sold steady.

Markets at a glance

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