WP livestock report

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Published: September 12, 2013

Hog prices rise

The recent hot weather in the U.S. Midwest stressed livestock and delayed the usual seasonal hog weight gain.

Market ready supply tightened and pressured cash hog markets higher.

Chicago hog futures closed up 3.6 percent for the week, partly on expectation that the spread of porcine epidemic diarrhea virus, which is fatal to baby pigs, will reduce hog supplies later this year.

Iowa-southern Minnesota hogs delivered to packing plants rose to $67.50-$68 US per hundredweight Sept 5, up from $65.50 Aug. 30.

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The estimated pork cut-out value was $95.55 Sept. 6, up from $94.96 Aug. 30.

The estimated weekly U.S. slaughter in the holiday-shortened week to Sept. 7 was 1.97 million, down from 2.21 million the previous week. Last year’s total was 2.067 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 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.

Sheep, lambs steady

Ontario Stockyards Inc. reported 1,292 sheep and lambs and 27 goats traded Sept. 3. All classes of well-finished lambs sold steady. Sheep and goats traded steady.

Markets at a glance

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