Bitter cold and snow in the U.S. Midwest made it difficult to deliver hogs last week, helping to lift prices.
Stronger pork prices lifted futures prices, but cash prices might be weaker this week if better weather allows hogs that were held back to head to market. Iowa-southern Minnesota cash hogs delivered to plants rose to $49-$50 US per hundredweight Jan. 7, up from $48 Dec. 31.
The U.S. pork carcass cut-out value was $71.06 Jan 8, up from $67.32 Dec. 30. U.S. federal slaughter to Jan. 9 was estimated at 2.08 million, up from 1.93 million the previous week.
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The Canadian Bison Association said prices were a little lower as the new year began, reflecting a stronger loonie and still recovering economy.
Grade A youthful bulls younger than 30 months in the desirable weight range were $2.25 to $2.50 Cdn per lb. hot hanging weight.
Grade A youthful heifers younger than 30 months in the desirable weight range were $2.15 to $2.35
Older than 30 month bulls and heifers were about 10 cents lower than the younger animals.
Slaughter cows and bulls sold from $1.35 to $1.50 hot hanging weight.
There was no sale at Beaver Hill Auction in Tofield, Alta.
Ontario Stockyards sold 1,300 sheep and lambs and 122 goats Jan. 4. Lambs and goats were steady. Sheep traded $5 to $10 per cwt. lower.
