HOG PRICES RISE
U.S. pork prices rose, giving support to hog prices.
The supply of market-ready hogs has declined seasonally. Weight gain has slowed because of hot weather and poor quality corn in some parts of the U.S.
Iowa-southern Minnesota cash hogs delivered to plants rose to $60 US per hundredweight July 23, up from $55.50 July 16. The U.S. pork carcass cut-out value was $85 on July 23, up from $80.61 July 16.
U.S. federal slaughter to July 24 was estimated at 1.96 million, down from two million the previous week.
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BISON COWS, BULLS RISE
The Canadian Bison Association said slaughter cow and bull prices rose as supplies tightened. Overall, slaughter supply is adequate, but that could change in the fall.
Grade A bulls in the desirable weight range were $2.55 to $2.80 per pound hot hanging weight.
Grade A heifers in the desirable weight range were $2.50 to $2.70.
Animals older than 30 months and those outside the desirable weight range may be discounted.
Slaughter cows and bulls were $1.80 to $2.10.
HEAVY LAMBS LOWER
Ontario Stockyards Inc. reported that 1,477 sheep and lambs and 83 goats traded July 19.
Well fed light lambs traded barely steady. Heavier types fell $10 to $15 per cwt. Sheep sold spotty to $10 per cwt. lower. Goats were steady.
Olds Auction at Olds, Alta., reported feeder lambs sold at $65 to $140.
Ewes were $50 to $120, nannies were $65 to $120 and billies $85 to $130.
