U.S. hog market “a wreck”

chicago / reuters / Record-high feed costs caused by the worst drought in half a century are forcing U.S. farmers to slaughter more of their hogs, with the number reaching 9.9 million head in August. With the pace of slaughter set to increase seasonally in the fourth quarter, the country could be awash with pork.

Solutions being sought

Manitoba has lost five per cent of its sow herd in the last two months as producers continue to downsize in the face of rising feed costs, a senior industry official says. “We all understand and agree there is a problem,” said Rick Bergmann, vice-chair of the Manitoba and Canadian Pork councils. “Now we are


Hog outlook to get worse before it gets better

The recent slump in nearby hog values may only mark the beginning of a season of pain for pork producers. Already-high feed costs look set to keep climbing just as hog values enter their traditional seasonal soft patch, which may place hog production margins under even more pressure. To make matters worse, inventories of pork

Demand and interest for sheep rises

The Winnipeg Livestock Auction was supplied with 600 sheep and goats for the August 2 sale. The buyers were ready with some serious bidding for herd increases or improvements and the meat industry. Bidding on ewes increased from the prices paid at the July sale, which differed from the Ontario price trends. The average ewe






U.S. drought pressures feeder market

Manitoba cattle auction marts operated in full holiday mode during the week ended July 27, with only a couple of yards holding sales. Heartland Livestock Services in Brandon and Winnipeg Livestock Sales were the only auction yards able to provide market reports for the week. Both auction marts reported a steady volume of cattle compared


High feed prices push more cattle to slaughter

Manitoba cattle auction marts operated in routine holiday mode during the week ended July 20 with feeder cattle seeing steady prices and average volume for this time of year. But, butcher cows on the slaughter market saw above-normal volume, and weaker prices, an industry official said. Rick Wright, a buyer with Heartland Buying Order Company,