Hogs weaker
Weaker pork prices and ample supply depressed U.S. hog cash prices last week.
U.S. weekly sow kill to Oct. 31 was down 2.1 percent from the year ago level. Analysts say the sow herd must shrink to bring supply and demand in line and lift prices.
U.S. slaughter pigs are heavier than last year, weighing 271.3 pounds two weeks ago compared to 267 lb. a year ago.
Iowa-southern Minnesota cash hogs delivered to plants were $38.50-$39 US per cwt. Nov. 13, down from $41 Nov. 6.
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No special crop fireworks expected
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The U.S. pork carcass cut-out value fell during the week to $57.38 Nov. 13, down from $58.63 Nov. 6.
U.S. federal slaughter to Nov. 7 was estimated at 2.29 million, down slightly from 2.3 million the previous week.
bison prices rise
The Canadian Bison Association said the A1 market was steady.
Younger than 30 month grade A youthful bulls in the desirable weight range in Canada were $2.35-$2.60 Cdn per lb. hot hanging weight.
Younger than 30 month grade A youthful heifers were $2.25-$2.45 per lb.
Older than 30 month bulls and heifers were 10 to 15 cents lower than their younger counterparts.
Cull cows and bulls sold from $1.35 to $1.60 per lb.
Weight, quality, age and delivery location affect final price.
