HOG CASH PRICES FALL
Seasonally smaller supply and increasing pork demand are expected to support hog prices as spring approaches.
Strong export demand is also supporting prices.
The U.S. Department of Agriculture expects U.S. pork production to drop by 472 million pounds this year, the largest annual drop since at least 1990.
Iowa-southern Minnesota cash hogs delivered to plants rose to $62 US per hundredweight Feb. 25 from $58 Feb. 18.
The U.S. pork carcass cut-out value was $92.08 Feb. 25, up from $90.39 Feb. 18.
The U.S. federal slaughter estimate was 2.108 million head, up from 2.086 million the previous week.
BISON STILL STRONG
The most recent report from the Canadian Bison Association said Grade A bulls in the desirable weight range were $3.50-$3.75 per lb. 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.
SHEEP STEADY
Ontario Stockyards Inc. reported 850 sheep and lambs and 30 goats sold Feb. 22.
All classes of sheep, lambs and goats were steady.
