WP LIVESTOCK REPORT: July 27, 2017

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Published: July 27, 2017

HOGS PEAK

Hog prices appear to have peaked for the season as supplies increase.

The U.S. national live price average for barrows and gilts was US$67.85 per hundredweight July 21, down from $68.30 July 14.

U.S. hogs averaged $83.33 on a carcass basis July 21, down from $86.40 July 14. The U.S. pork cutout was $102.78 per cwt. July 21, down from $104.48 July 7.

The estimated U.S. weekly slaughter for the week to July 22 was 2.213 million, up from 2.195 million in the previous week.

Slaughter was 2.141 million last year at the same time.

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In Canada the average Signature Five price for the week to July 22 was C$202.47 per 100 kilograms, down from $208.56 the previous week. The average price on a per hundredweight basis was $91.84, down from $94.60 a week earlier.

BISON STEADY

The Canadian Bison Association said Grade A bulls in the desirable weight range sold up to C$6.30–$6.50 per pound hot hanging weight. U.S. buyers are offering US$4.75 or more with returns dependent on exchange rates, quality and export costs.

Grade A heifers sold up to C$6-$6.30. U.S. buyers are offering US$4.50. Animals outside the desirable buyer specifications may be discounted.

LAMBS STEADY

Ontario Stockyards Inc. reported that 862 sheep and lambs and 92 goats sold July 17. New lambs sold at lower prices. All other classes of lambs, sheep and goats sold steady.

Beaver Hill Auction in Tofield, Alta., reported that 384 sheep and 148 goats sold July 17.

Wool lambs lighter than 54 lb. were $245-$300 per cwt., 55-69 lb. were $257-$300, 70-85 lb. were $252-282, 86-105 lb. were $215-$254 and 106 lb. and heavier were $215-$228.

Wool rams were $100-$130 per cwt. Cull ewes were $90-$141.

Hair lambs lighter than 54 lb. were $220-$260 per cwt., 55- 69 lb. were $230-$270, 70-85 lb. were $240-$269, 86-105 lb. were $210-$235 and 106 lb. and heavier were $200-$221.

Hair rams were $107-$120 per cwt. Cull ewes were $85-$152.

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