WP livestock report

Reading Time: < 1 minute

Published: July 10, 2014

Hogs steady

U.S. hog prices remained strong, up $20 per hundredweight over the same point last year.

It was a short slaughter week because of the July holidays. Packer margins remained profitable.

Deferred hog futures rose strongly following the June 30 hogs and pigs report that showed Porcine Epidemic Diarrhea is taking a heavier toll on the U.S. herd than expected.

Iowa- southern Minnesota hogs delivered to plant July 3 was $94 US per cwt., remaining steady from week ending June 24.

On a carcass basis, U.S. hogs averaged $127.23 per cwt. July 3, up from $124.50 week ending June 27.

Read Also

Aerial view of the port of Chancay in Peru.

Geopolitics can change trade routes

WHISTLER, B.C. — Today’s geopolitical tensions could have dire long-term consequences, says the director of international policy at the University…

The U.S. pork cutout as of July 3 was $134.20, up from $132.99 week ending June 27.

U.S. estimated weekly slaughter as of July 3 was 1.626 million, down from 1.91 million week ending June 28. Last year at the same time slaughter was 1.274 million.

Bison steady

The Canadian Bison Association said finished bison prices remained stable for the past week.

Grade A bulls in the desirable weight range reached $4 Cdn per lb. hot hanging weight. Grade A heifers sold at prices up to $3.85.

Animals outside the desirable buyer specifications may be discounted.

Sheep, lambs steady

Ontario Stockyards Inc. reported 1,273 sheep and lambs and 32 goats traded June 30. All classes of lambs sold barely steady. Sheep and goats traded at steady prices.

explore

Stories from our other publications