HOGS STEADY
Strong pork exports are offsetting the negative effect of seasonally increased hog supply.
The U.S. dollar is the weakest compared to the Chinese yuan since 1993, making American pork more attractive to China, which is trying to rein in food inflation.
Iowa-southern Minnesota cash hogs delivered to plants were about steady at $69.50 US per cwt. Oct. 21, compared to $69 Oct. 14.
Cash U.S. pork carcass cut-out value closed at $99.61 Oct. 21, up from $98.71 Oct. 14.
The U.S. federal weekly slaughter estimate was 2.32 million, steady with the previous week.
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BISON STEADY
The Canadian Bison Association said 2010 animals are starting to come to market, which could weaken prices in coming weeks. Grade A bulls in the desirable weight range were $3.85-$4 Cdn per pound 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.
SHEEP REPORT
Beaver Hill Auction in Tofield, Alta., reported 1,408 sheep and 134 goats sold Oct. 17.
Wool lambs lighter than 70 lb. were $205-$240 per cwt., 70-85 lb. were $186-$226, 86-105 lb. were $175- $204 and 106 lb. and heavier were $171-$186.
Wool rams were $70-$81 per cwt. Cull ewes were $65-$75 and bred ewes were $160-$190 per head.
Hair lambs lighter than 70 lb. were $187-$214 per cwt., 70-85 lb. were $185-$204, 86-105 lb. were $165- $183 and 106 lb. and heavier were $155-$173.
Hair rams were $70-$80 per cwt. Cull ewes were $70-$80.
Good kid goats lighter than 50 lb. were $200-$237.50. Those heavier than 50 lb. were $200-$235 per cwt. Nannies were $75-$95 per cwt. Billies were $100-$141.
Ontario Stockyards Inc. reported 1,584 sheep and lambs and 108 goats traded Oct. 17. All classes of lambs, sheep and goats sold steady.
