U.S. cash hogs were sharply lower because packers had more than enough supply.
Carcass weights are well above last year, adding to the surplus.
South Korea confirmed it would raise its duty-free pork imports by 50,000 tonnes to 110,000 tonnes. speculation about strong exports pushed Chicago hog futures to record highs midweek.
Packer margins improved as the cash hog price fell.
Iowa-southern Minnesota cash hogs delivered to plants fell to $58 us per hundredweight Feb. 18 from $65 Feb. 11.
The U.S. pork carcass cut-out value was $90.39 Feb. 18, up from $88.31 Feb. 11.
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Beaver Hill Auction in Tofield, Alta., reported 745 sheep and 114 goats sold Feb. 14.
Wool lambs lighter than 70 lb. were $197-$228 per cwt., 70-85 lb. were $196-$228, 86-105 lb. were $180-$194, and 106 lb. and heavier were $161.50-$169.
Wool rams were $86-$115 per cwt. cull ewes were $86-$95 and bred ewes were $131-$151.
Hair lambs lighter than 70 lb. were $192-$205 per cwt., 70 to 85 lb. were $190-$205, 86-105 lb. were $175-$190 and 106 lb. and heavier were $155-$163.
Hair rams were $85-$105 per cwt. cull ewes were $90-$105.
Good kid goats lighter than 50 lb. were $190-$217.50. those heavier than 50 lb. were $175-$217.50 per cwt. nannies were $68-$89 per cwt. billies were $97.50-$120.
Ontario stockyard reported 1,182 sheep and lambs and 63 goats sold Feb. 14. light lambs were steady and heavies rose $5-$10 per cwt. higher. Sheep and goats sold steady.
