Hogs steady
Narrowing pork plant profits discouraged higher bids.
The
average Iowa-Minnesota hog weight two weeks ago was 267.4 pounds, up
from 267 lb. the week before and 259.4 lb. a year earlier.
Corn
prices fell, raising speculation that the sow cull might stall and the
decline in pig and pork production next year might be less than
expected.
Iowa-southern Minnesota cash hogs at about $38 US per hundredweight were about steady with Sept. 4.
Read Also
Sheep sector navigates changes in traceability
The sheep sector is developing advanced traceability systems and addressing ongoing challenges in accessing veterinary drugs and treatments.
The U.S. pork carcass cut-out value fell to $53.73 Sept. 11, down slightly from $54.04 Sept. 4.
U.S.
federal slaughter to Sept. 12 was estimated at 2.05 million, down from
2.256 million the previous week. Compared to the same week last year,
slaughter was down 10.7 percent.
Bison prices steady
The Canadian Bison Association said marketers report increased offerings. Heifers dropped by up to 10 cents.
Grade A youthful bulls in the desirable weight range in Canada saw their range widen to $2.40-$2.75 per lb. hot hanging weight.
Grade A youthful heifers fell to $2.30-$2.50 per lb.
Cull cows and bulls sold from $1.30 to $1.45 per lb.
Weight, quality, age and delivery location affect final price.
Sheep steady
Ontario Stockyards reported 997 sheep and lambs and 159 goats traded Sept. 8. Sheep, lambs and goats were steady.
