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Western Producer Livestock Report – for Jun. 2, 2011

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Published: June 2, 2011

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HOG PRICES FALL

U.S. hog prices fell from the previous week’s high levels because packers had adequate supply for a short-e ned processing week after the Memorial Day holiday.

Pork prices stabilized as retailer needs were met.

Iowa-southern Minnesota cash hogs delivered to plants were $67.50 US per hundredweight May 27, down from $69.50 May 20.

The U.S. pork carcass cut-out value rose to $95.52 May 20 from $95.35 May 13.

The U.S. federal slaughter estimate was 2.03 million head to May 28, compared to 2.02 million head to May 21.

BISON STEADY

The Canadian Bison Association said grade A bulls in the desirable weight range were $3.90-$4.10 Cdn per pound hot hanging weight.

Grade A heifers were $3.85-$4.

Animals older than 30 months and those outside the desirable weight range may be discounted.

Slaughter cows and bulls averaged $2.75.

LAMB PRICES LOWER

Ontario Stockyards Ltd. reported 988 sheep and lambs and 104 goats traded May 24.

All lambs sold actively at slightly lower prices.

Sheep and goats traded steady.

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