QUAKE SHAKES HOG MARKET
Hog futures fell on news of the Japanese earthquake because it could hurt pork demand. Japan was the top buyer of U.S. pork in 2010 and the second largest buyer of Canadian pork.
Iowa-southern Minnesota cash hogs delivered to plants were about steady at $62 US per hundredweight March 11, the same as March 4.
The U.S. pork carcass cut-out value was $91.19 March 11, down slightly from $91.25 March 4.
U.S. federal slaughter estimate was 2.15 million head, up from 2.14 million the previous week.
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BISON STEADY
The Canadian Bison Association said March 11 that grade A bulls in the desirable weight range were $3.50-$3.75 per pound hot hanging weight. Grade A heifers were $3.50-$3.65.
Animals older than 30 months and those outside the desirable weight range may be discounted. Slaughter cows and bulls were $2.50-$2.70.
At the Saskatchewan Bison Association premium stock show and sale March 4 bulls born in 2010 weighing 400-499 pounds averaged $2.60 per lb. Bulls born in 2009 weighing 650-750 lb. averaged $2.15 per lb. and 775-850 lb. also averaged $2.15.
Heifers born in 2009 weighing 500-
650 lb. averaged $2.14 per lb. and 651-851 lb. averaged $2.10. Heifers born in 2010 weighing 360-430 lb. averaged $2.50 per lb.
SHEEP FALL
Ontario Stockyards Inc. reported 1,365 sheep and lambs and 100 goats sold March 7. Light lambs were barely steady, and heavy lambs sold steady. Sheep traded $5-$7 lower. Goats saw strong prices.
