U.S. hogs rise
Stronger wholesale pork prices and tight supplies early in the week forced U.S. packers to raise cash hog prices to get the supply they needed.
Iowa-southern Minnesota hogs delivered were $77-$77.50 US per hundredweight Sept. 12, up from $72-$73 Sept. 5.
On a carcass basis, U.S. hogs averaged $100.79 per cwt. Sept. 12, up from $97.12 Sept. 5.
The U.S. pork cutout rose to $106.57 Sept. 12, up from $103.16 Sept. 5.
The estimated U.S. weekly slaughter for the week to Sept. 13 was 2.053 million, up from 1.780 million Sept. 6. Slaughter was 2.171 million last year at the same time.
Read Also
Canada-U.S. trade relationship called complex
Trade issues existed long before U.S. president Donald Trump and his on-again, off-again tariffs came along, said panelists at a policy summit last month.
U.S. pork exports are up six percent in the first seven months of the year compared to same period last year. Increased demand from Mexico was behind most of the increase.
Bison stronger
The Canadian Bison Association said the market showed new strength.
Grade A bulls in the desirable weight range were $4.10 Cdn per lb. hot hanging weight with sales to a high of $4.55.
Grade A heifers sold for $3.95 with sales to a high of $4.35.
Animals outside the desirable buyer specifications may be discounted.
Lambs steady to lower
Beaver Hill Auction in Tofield, Alta., reported 1,190 sheep and 97 goats sold Sept. 8.
Wool lambs lighter than 54 lb. were $141-$180 per cwt., 55-69 lb. were $160-$185, 70-85 lb. were $160-$180, 86-105 lb. were $160-$175 and 106 lb. and heavier were $162-$173.
Wool rams were $59-$119 per cwt. Cull ewes were $45-$119.
Hair lambs lighter than 54 lb. were $145-$170 per cwt., 55-69 lb. were $150-$175, 70-85 lb. were $150-$170, 86-105 lb. were $152-$165 and 106 lb. and heavier were $158-$165.
Hair rams were $50-$74 per cwt. Cull ewes were $50-$85.
Feeder kids lighter than 60 lb. were $185-$230. Good kid goats lighter than 70 lb. were $235-$265. Those heavier than 70 lb. were $225-$260 per cwt. Nannies were $55-$90 per cwt. Billies were $100-$160.
Ontario Stockyards Inc. reported 1,590 sheep and lambs and 212 goats traded Sept. 8. Lambs sold barely steady to $5 cwt. lower. Well-fed goats sold steady. Good lean sheep sold steady with all others under pressure.
