Cash hog prices in the United States rose last week as market ready numbers began to decline seasonally.
The usual early fall supply increase was exacerbated by strong weight gains this year.
The belief that pork exports are rising also supported hog bids.
Iowa-southern Minnesota cash hogs delivered to plants rose to $48 to $48.50 US per hundredweight Nov. 12 from $47 Nov. 5.
The U.S. pork carcass cut-out value slipped to $76.78 from $77.46 Nov. 5.
U.S. federal slaughter estimate was 2.32 million, down from 2.34 million the previous week.
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BISON PRICES STAY STRONG
The Canadian Bison Association said prices were steady but could be pressured higher in December. However, end users are complaining about bison meat costs.
Grade A bulls in the desirable weight range were $3 to $3.45 per pound hot hanging weight.
Grade A heifers in the desirable weight range were $3 to $3.45.
Animals older than 30 months and those outside the desirable weight range may be discounted.
Slaughter cows and bulls were $2.10 to $2.40.
SHEEP, LAMBS STRONGER
Beaver Hill Auction in Tofield, Alta. reported 959 sheep and 345 goats sold Nov. 1.
Wool lambs lighter than 70 lb. were $159-$180 per cwt., 70-85 lb. were $158-$179, 86-105 lb. were $147-$159 and 106 lb. and heavier were $130-$146.
Wool rams were $68-$80 per cwt. Cull ewes were $65-$79 and bred ewes were $85-$101.
Hair lambs lighter than 70 lb. were $130-$145 per cwt., 70-85 lb. were $128-$140, 86-105 lb. were $128-$150 and 106 lb. and heavier were $120-$132.
Hair rams were $76-$95 per cwt. Cull ewes were $70-$82.
Good kid goats lighter than 50 lb. were $160-$205.
Those heavier than 50 lb. were $160-$207.50 per cwt. Nannies were $70-$95 per cwt. Billies were $122.50-$155.
Ontario Stockyards reported 1,852 sheep and lambs and 94 goats traded Nov. 8. All classes of sheep and lambs were $5-$10 cwt. higher. Goats rose $10 a head.
