WP livestock report

Reading Time: 2 minutes

Published: October 16, 2014

Hogs dip

U.S. cash hog prices were mostly steady through the week but edged lower Oct. 10 as most packers met their needs.

The trade is watching to see if the normal seasonal increase in pork supply in the fall continues this year, despite Porcine Epidemic Diarrhea taking a toll on piglets.

Also U.S. retailers have met most of their needs for October National Pork Month.

Iowa-southern Minnesota hogs delivered were US$80 per hundredweight Oct. 10, down from $81-$82 Oct. 3.

On a carcass basis, U.S. hogs averaged $104.52 Oct. 10, down from $105.74 Oct. 3.

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The U.S. pork cutout dropped to $122.63 Oct. 10, down from $123.75 Oct. 3.

The estimated U.S. weekly slaughter for the week to Oct. 11 was 2.136 million, up from 2.09 million Oct. 4. Slaughter was 2.281 million last year at the same time.

Bison steady

The Canadian Bison Association said Grade A bulls in the desirable weight range were as high as C$4.55 per lb. hot hanging weight.

Grade A heifers sold up to $4.35.

Animals outside the desirable buyer specifications may be discounted.

Lambs stronger

Beaver Hill Auction in Tofield, Alta., reported 1,210 sheep and 48 goats sold Oct. 6.

Wool lambs lighter than 54 lb. were $188-$229 per cwt., 55 to 69 lb. were $183-$226, 70 to 85 lb. were $180-$216, 86 to 105 lb. were $175-$206 and 106 lb. and heavier were $171-$179.

Wool rams were $64-$135 per cwt. Cull ewes were $48-$80.

Hair lambs lighter than 54 lb. were $149-$175 per cwt., 55 to 69 lb. were $171-$182, 70 to 85 lb. were $173-$190, 86 to 105 lb. were $160-$178 and 106 lb. and heavier were $162-$175.

Hair rams were $59-$115 per cwt. Cull ewes were $50-$79.

Feeder kids lighter than 60 lb. were $150-$190. Good kid goats lighter than 70 lb. were $210-$250. Those heavier than 70 lb. were $190-$250 per cwt.

Nannies were $62.50-$85 per cwt. Billies were $115-$230.

Ontario Stockyards Inc. reported 1,439 sheep and lambs and 186 goats traded Oct. 6. Well-fed light lambs sold $5-$7 cwt. higher. Heavy well-fed types sold steady.

Sheep traded barely steady. Good well-fed goats sold barely steady to last week’s premiums.

Markets at a glance

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