Hogs stronger
Stronger pork prices and reduced deliveries because of harvest lifted U.S. hog cash prices.
The U.S. weekly sow kill was up 2.9 percent over year-ago levels. Analysts say the sow herd must shrink to bring supply and demand in line and lift prices.
Iowa-southern Minnesota cash hogs delivered to plants were $41 US per hundredweight Nov. 6, up from $39.50 Oct. 30.
The U.S. pork carcass cut-out value climbed as high as $59.66 Nov. 5, the highest in three months, but closed at $58.63 Nov. 6, up from $58.17 Oct. 30. Analysts think there is little room for pork to climb higher.
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U.S. federal slaughter to Nov. 7 was estimated at 2.3 million, up slightly from 2.29 million the previous week.
Bison prices rise
The Canadian Bison Association said the A1 market was steady but slaughter cow and bull prices rose with the strong demand for trim. The high number of females going to slaughter may lead to shortages down the road.
Grade A youthful bulls younger than 30 months in the desirable weight range in Canada were $2.35-$2.60 Cdn per pound hot hanging weight.
Younger than 30 month grade A youthful heifers were $2.25-$2.45 per lb.
Older than 30 month bulls and heifers were 10 to 15 cents lower than their younger counterparts.
Cull cows and bulls sold from $1.35 to $1.60 per lb.
Weight, quality, age and delivery location affect final price.
Heavy lambs fall
Beaver Hill Auction in Tofield, Alta., reported 1,046 sheep and lambs and 120 goats traded Nov. 2. Lambs heavier than 90 pounds fell $10 per cwt. Light feeder lambs were steady to $10 higher. Bred and breeding ewes were barely steady and culls were steady, given the quality. Heavier kid goats rose $20 and nannies and mature billies were steady.
Lambs lighter than 70 lb. were $113-$161 per cwt. Lambs 75 to 85 lb. were $113-$147, 86 to 105 lb. were $110-$127 and those heavier than 105 lb. were $100-$116. Rams were $40-$150 per cwt. Ewe culls were $30-$63. Breeding ewes were $79-$92.
Good kid goats heavier than 50 lb. were $160-$200 per cwt. Nannies were $40-$93 per cwt. and mature billies were $100-$145.
Ontario Stockyards reported 1,974 sheep and lambs and 154 goats traded Nov. 2. Light lambs sold barely steady. Heavy lambs sold $5 to $10 per cwt. lower. Good sheep were barely steady with thinner types selling $5 to $7 lower. Goats held firm.
