WP livestock report

Reading Time: 2 minutes

Published: October 10, 2014

Hogs steady

Steady demand and good packer margins resulted in steady U.S. cash hog prices last week.

Chicago futures edged lower, re-flecting the slightly bearish U.S. Department of Agriculture hogs and pigs report from Sept. 26.

Iowa-southern Minnesota hogs delivered were US$81-$82 per hundredweight Oct. 3, steady with Sept. 26.

On a carcass basis, U.S. hogs averaged $105.74 Oct. 3, which was little changed from $105.42 Sept. 25.

The U.S. pork cutout rose to $123.75 Oct. 3, up from $118.63 Sept. 26.

The estimated U.S. weekly slaughter for the week to Oct. 4 was 2.09 million, down slightly from 2.095 million the previous week. Slaughter was 2.219 million last year at the same time.

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Bison steady

The Canadian Bison Association said Grade A bulls in the desirable weight range were C$4.10 per pound 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

Beaver Hill Auction in Tofield, Alta., reported 1,492 sheep and 416 goats sold Sept. 29.

Wool lambs lighter than 54 lb. were $162-$188 per cwt., 55-69 lb. were $171-$210, 70-85 lb. were $180-$213, 86-105 lb. were $170-$200 and 106 lb. and heavier were $171-$179.

Wool rams were $65-$135 per cwt. Cull ewes were $60-$115.

Hair lambs lighter than 54 lb. were $149-$170 per cwt., 55-69 lb. were $161-$180, 70-85 lb. were $175-$190, 86-105 lb. were $160-$168 and 106 lb. and heavier were $162-$175.

Hair rams were $59-$147 per cwt. Cull ewes were $60-$179.

Feeder kids lighter than 60 lb. were $150-$190. Good kid goats lighter than 70 lb. were $190-$230. Those heavier than 70 lb. were $190-$240 per cwt. Nannies were $72.50-$185 per cwt. Billies were $115-$230.

Ontario Stockyards Inc. reported that 3,751 sheep and lambs and 180 goats traded Sept. 29. All classes of lambs sold steady.

Heavy kid goats sold at a premium. All others were steady. Good lean sheep sold steady while heavy types sold under pressure.

Markets at a glance

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