HOGS STEADY
U.S. cash hog prices continue to trade in a narrow range.
Falling cattle and beef prices weighed on hogs, but traders expect pork demand will start to increase soon when the weather warms.
Iowa-southern Minnesota hogs delivered were US$46.50-$47.50 per hundredweight April 8, steady from $46-$47.75 April 1.
U.S. hogs averaged $61.98 on a carcass basis April 8, up from $61.18 April 1.
The U.S. pork cutout was $76.80 per cwt. April 8, which was up from $76.25 April 1.
The estimated U.S. weekly slaughter for the week to April 8 was 2.154 million, down from 2.181 million the previous week.
Read Also
Canada-U.S. trade relationship called complex
Trade issues existed long before U.S. president Donald Trump and his on-again, off-again tariffs came along, said panelists at a policy summit last month.
Slaughter was 2.175 million last year at the same time.
BISON STEADY
The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices up to C$6 per pound hot hanging weight. U.S. buyers are offering US$4.35 with returns dependent on exchange rates, quality and export costs.
Grade A heifers sold up to C$5.75. American buyers are offering US$4.20. Animals outside the desirable buyer specifications may be discounted.
LAMBS STEADY
Ontario Stockyards Inc. reported that 730 sheep and lambs and 41 goats traded April 4.
New crop lambs traded steady. Heavy type lambs sold slightly higher. Sheep sold barely steady to lower. Goats held steady.
