U.S. hogs steady
Seasonally tight market-ready supply kept hog prices steady although pork values dipped from recent highs.
Nearby Chicago hog futures finished up 0.69 percent for the week.
Cheaper corn might encourage producers to increase herds.
Iowa-southern Minnesota hogs delivered to packing plants were $74.50 US per cwt. July 5, dipping from about $75 June 28.
Estimated pork cut-out value fell to $105.98 July 5, down from $109.95 June 28.
Estimated U.S. slaughter in the holiday shortened week to July 5 was 1.795 million, down from 2.018 million in the previous week. Last year’s total was 1.745 million.
Bison steady
The Canadian Bison Association said Grade A bulls in the desirable weight range averaged $3.50 Cdn per pound hot hanging weight. Grade A heifers sold up to $3.45.
Animals older than 30 months and those outside the desirable buyer specifications may be discounted.
Sheep higher
Ontario Stockyards Inc. reported 896 sheep and lambs and 17 goats traded July 2. All classes of sheep and lambs sold well at steady to higher prices. Goats also traded steady to stronger.
