HOGS STILL STRONG
Hope for a settlement of the Greek debt crisis and better than expected reports on the health of the U.S. economy lifted hopes for continued strong pork demand.
Cash hog prices edged lower, but remained strong for this time of year.
The U.S. Department of Agriculture reported that U.S. pork exports from January to August were 3.3 billion pounds up from 2.75 billion last year.
Iowa-southern Minnesota cash hogs delivered to plants slipped to $69 US per hundredweight from $70 Oct. 7.
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The cash U.S. pork carcass cut-out value closed at $98.71 Oct. 14, up from $97.65 Oct. 7.
The U.S. federal weekly slaughter estimate was 2.32 million, down from 2.34 million the previous week.
BISON
The Canadian Bison Association said grade A bulls in the desirable weight range were $3.85-$4 Cdn per lb. hot hanging weight. Grade A heifers were $3.80-$4.
Animals older than 30 months and those outside the desirable weight range may be discounted.
Slaughter cows and bulls averaged $2.80.
LAMBS EDGE HIGHER
Ontario Stockyards Inc. reported 854 sheep and lambs and 23 goats traded Oct. 11. Well-finished light lambs sold at a premium, while all others sold steady to stronger. Sheep traded higher. Goats sold actively.
