WP livestock report

Reading Time: 2 minutes

Published: November 8, 2013

Hog prices down

U.S. market-ready hog numbers have increased and carcass weights are rising with the transition to cooler weather, causing hog prices to fall.

Demand for pork cuts other than ham could fall off as retailers start to stock up on turkeys and ham in preparation for American Thanksgiving and Christmas.

Iowa-southern Minnesota hogs delivered to packing plants fell to $63.50 US per hundredweight Nov. 1, down from $64.50 Oct. 25.

The estimated pork cut-out value was $94.05 Nov. 1, down from $94.33 Oct. 25.Estimated weekly U.S. slaughter to Nov. 2 was 2.272 million up from 2.26 million Oct. 26.

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Last year in the same week slaughter was 2.359 million.

Bison steady

The Canadian Bison Association said Grade A bulls in the desirable weight range have been steady with prices as high as $3.70 Cdn per pound hot hanging weight. Supply is adequate. Grade A heifers sold as high as $3.55.

Animals outside the desirable buyer specifications may be discounted.

Sheep price weakens

Beaver Hill Auction in Tofield, Alta., reported 1,437 sheep and 49 goats sold Oct. 28.

Wool lambs lighter than 70 lb. were $118-$142 per cwt., 70 to 85 lb. were $124-$141, 86 to 105 lb. were $121-$145 and 106 lb. and heavier were $115-$136.

Wool rams were $40-$95 per cwt. Cull ewes were $30-$89 and bred ewes were $70-$120 per head.

Hair lambs lighter than 70 lb. were $100-$124 per cwt., 70 to 85 lb. were $118-$130, 86 to 105 lb. were $115-$125 and 106 lb. and heavier were $115-$125. Hair rams were $40-$95 per cwt. Cull ewes were $40-$70.

Good kid goats lighter than 50 lb. were $160-$225. Those heavier than 50 lb. were $160-$240 per cwt. Nannies were $45-$75 per cwt. Billies were $117.50-$155.

Ontario Stockyards Inc. reported 1,497 sheep and lambs and 96 goats traded Oct. 28. All lambs well-finished sold steady. All others sold lower. Good sheep sold $5 to $7 lower. Slender and fat types sold sharply lower. Goats were barely steady.

Markets at a glance

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