Pork prices are falling and there is talk of slow sales.Iowa-southern Minnesota cash hogs delivered to plants were $56 US per hundredweight June 11, down from $57.50 June 4.The U.S. pork carcass cut-out value fell to $83.99 June 11, down from $84.78 June 4.U.S. federal slaughter to June 12 was estimated at 2.03 million, up from 1.79 million the previous week.The Canadian Bison Association said supplies are tightening with potential upward pressure on prices. Middle cuts are moving well and frozen inventory is low.Grade A youthful bulls younger than 30 months in the desirable weight range were $2.55-$2.85 Cdn per lb. hot hanging weight.Grade A youthful heifers younger than 30 months rose to $2.40-$2.70.Strong trim demand drove slaughter cows and bulls higher to $1.65-$1.75 hot hanging weight.Ontario Stockyards reported 1,419 sheep and lambs and 88 goats traded June 7. Lambs were under pressure with prices falling $10-$15 per cwt.Sheep and goats were steady.Olds Auction in Olds, Alta., saw feeder lambs fetch $85-$150 per head June 8. Ewes were $70-$110, rams were $110-$160, nanny goats $80-$130 and billy goats $100-$175.
Western Producer Livestock Report – for Jun. 17, 2010
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