U.S. pork cutouts traded around $90 US for most of the week.
Packers report positive operating margins and U.S. cash hog prices rose again.
Supply of market ready hogs is tight.
Iowa-southern Minnesota cash hogs delivered to plants rose to $62 US per hundredweight on April 30, up from $60.50 April 23.
The U.S. pork carcass cutout value slipped to $89.96 April 30, up from $90.30 April 23.
U.S. federal slaughter to May 1 was estimated at 2.03 million, down from 2.07 the previous week.
Statistics Canada released a report showing the breeding herd down 5.8 percent on April 1 compared to last year and the hog inventory down 1.6 percent.
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Ron Plain of the University of Missouri noted that when combined with the United States Department of Agriculture data, it looks like U.S-Canadian farrowings were down four percent during the winter, down 3.6 percent this spring and will be down 2.7 percent this summer.
The Canadian Bison Association said Grade A youthful bulls younger than 30 months in the desirable weight range were $2.50 to $2.60 per pound hot hanging weight.
Grade A youthful heifers younger than 30 months in the desirable weight range were $2.35 to $2.45.
Carcasses outside the desired weight ranges were discounted by up to 15 cents per lb.
A tight supply of slaughter cows and bulls sold at $1.50 hot hanging weight.
Agriculture Canada reported that 1,988 head were federally slaughtered in March, down from 2,262 the previous year.
Year to date, 5,081 head have been federally slaughtered, down 15 percent from last year.
Live exports to the U.S. totalled 2,478 in March. In the year to the end of March, 7,662 were exported, up 22 percent.
Bison bull carcasses averaged $245 to $260 per cwt. in April, up slightly from $240 to $250 last year.
Bison fresh tenderloins in mid-April were $35.90 to $47 per kilogram, up from $29.95 to $49.50 in mid-March.
Ground bison was $7.95 to $9.95, down from $8.45 to $10.15 in March.
Ontario Stockyards on April 26 sold 1,054 sheep and lambs and 25 goats. Light lambs sold barely steady, while heavies traded higher. Sheep prices rose $5 to $7 cwt. Goats held firm.
