HOGS RISE
Hog prices edged higher last week but packer margins turned negative, raising expectations for lower cash hogs this week.
Iowa-southern Minnesota hogs closed at about $64 US per hundredweight Dec. 2, up from $63.05 Nov. 23. U.S. pork carcass cut-out value closed at $88.61 Dec. 2, down from $89.77 Nov. 25.
The U.S. federal weekly slaughter estimate was 2.361 million, up from 2.067 million the previous week.
BISON STEADY
The Canadian Bison Association said 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.
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Animals older than 30 months and those outside the desirable weight range may be discounted.
Slaughter cows and bulls averaged $2.50-$2.80.
Calves are beginning to be marketed. Early on-farm prices have been reported from $2.70-$3.
SHEEP MARKETS
Beaver Hill Auction in Tofield, Alta., reported 643 sheep and 238 goats sold Nov. 28.
Wool lambs lighter than 70 lb. were $235-$265 per cwt., 70-85 lb. were $225-$250, 86-105 lb. were $190- $225 and 106 lb. and heavier were $174-$192.
Wool rams were $80-$145 per cwt. Cull ewes were $70-$105 and bred ewes were $190-$235 per head.
Hair lambs lighter than 70 lb. were $210-$234 per cwt., 70-85 lb. were $202-$236, 86-105 lb. were $176- $200 and 106 lb. and heavier were $160-$178.
Hair rams were $75-$90 per cwt. Cull ewes were $80-$90.
Good kid goats lighter than 50 lb. were $202.50-$245. Those heavier than 50 lb. were $200-$285 per cwt. Nannies were $70-$90 per cwt. Billies were $100-$145.
Ontario Stockyards Inc. reported 1,204 sheep and lambs and 137 goats traded Nov. 28.
All classesof sheep, lambs and goats sold actively at steady prices.
