Hogs fall
Weak pork prices and light demand pressured U.S. cash hog prices lower.
The demand for Memorial Day grilling had been met and packers were buying for a short week.
Iowa-southern Minnesota live hogs delivered to plants were $80 US per cwt., down from $81-$82 May 16.
On a carcass basis, Midwest hogs fell to $106.15 per cwt., down from $107.43 the previous week.
The U.S. pork cutout fell as low as $113.78 during the week but recovered to $115.06 May 23, up from $114.19 May 16.
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U.S. estimated weekly slaughter for the week to May 24 was 1.973 million, down from 1.999 million the previous week. Slaughter was 2.072 million last year at the same time.
Bison steady
The Canadian Bison Association said Grade A bulls in the desirable weight range fetched prices as high as $4 Cdn per lb. hot hanging weight. Grade A heifers sold at prices up to $3.85.
Animals outside the desirable buyer specifications may be discounted.
Lambs steady
Ontario Stockyards Inc. reported 1,300 sheep and lambs and 39 goats traded May 20. All classes of lambs and goats sold steady. Good sheep traded steady while thin and plainer types sold at lower prices.
