HOGS FALL AGAIN
Hog supply is abundant, and pork prices are falling.
The U.S. national live price average for barrows and gilts was US$40 per cwt. Sept. 22, down from $43.12 Sept. 15.
U.S. hogs averaged $48.70 on a carcass basis Sept. 22, down from $52.95 Sept. 15.
The U.S. pork cutout was $72.70 per cwt. Sept. 22, down from $77.76 Sept. 15.
The estimated U.S. weekly slaughter for the week to Sept. 23 was 2.501 million, up from 2.432 million in the previous week.
Slaughter was 2.473 million last year at the same time.
Read Also
Global pulse consumption to grow
Global per capita pulse consumption is expected to rise 23 per cent by 2034.
In Canada, the average Signature Five price for the week to Sept. 23 was C$126.54 per 100 kilograms, down from $135.89 the previous week.
On a per hundredweight basis, the average price was $57.40, down from $61.64 the previous week.
BISON STEADY
The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices up to C$6–$6.25 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$5.75-$6. U.S. buyers are offering US$4.50. Animals outside the desirable buyer specifications may be discounted.
LAMBS STEADY
Ontario Stockyards Inc. reported that 732 sheep and lambs and 70 goats sold Sept. 18. Well-finished light lambs sold higher, while others were steady. Sheep and goats sold steady.
The Beaver Hill Auction in Tofield, Alta., reported that 1,172 sheep and 105 goats sold Sept. 18.
Wool lambs lighter than 54 lb. were $190-239 per cwt., 55-69 lb. were $210-$240, 70-85 lb. were $208-$233, 86-105 lb. were $188-$214 and 106 lb. and heavier were $185-$204.
Wool rams were $108-$134 per cwt. Cull ewes were $95-$140.
Hair lambs lighter than 54 lb. were $180-$230 per cwt., 55-69 lb. were $205-$240, 70-85 lb. were $195-$227, 86-105 lb. were $178-$200 and 106 lb. and heavier were $185-$197.
Hair rams were $104-$145 per cwt. Cull ewes were $85-$139.
