There was a slight backup of market- ready hog supply in the United States because of the long weekend.
Strong competition from chicken is keeping pressure on pork prices. The stronger loonie cut into Canadian prices.
Iowa-southern Minnesota cash hogs delivered to plants sold for $57 US per cwt. early in the week but edged higher to $58 July 9, up from $57 July 2.
The U.S. pork carcass cut-out value was $83.63 July 9, up from $82.42 July 2.
U.S. federal slaughter to June 26 was estimated at 1.72 million, down from 1.97 million the previous week.
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BISON RANGE NARROWS
The Canadian Bison Association said the price range narrowed but generally the market was steady.
Grade A bulls in the desirable weight range were $2.60 to $2.80 Cdn per pound hot hanging weight.
Grade A heifers in the desirable weight range were $2.50 to $2.70.
Older than 30 month animals and those outside the desirable weight range may be discounted.
Slaughter cows and bulls were steady at $1.75.
LAMBS HIGHER
Ontario Stockyards Inc. reported that 955 sheep and lambs and 93 goats traded July 5. All classes of lambs sold at prices steady to stronger. Sheep traded $5 higher. Goats were steady.
Olds Auction in Olds, Alta., said 125 head traded in its July 6 sale. Feeder lambs were $90 to $150 per head. Ewes were $75 to $110 per head. Rams were $110 to $150 per head. Nannies were $80 to $140 per head and billies were $150 to $195.
