Hogs stir higher
Spring storms in the U.S. Midwest slowed hog transportation and forced packers to pay more.
Also, market ready numbers are a little tighter because producers have pushed ahead marketing schedules.
Barrows and gilts in Iowa-Minnesota were 283.5 pounds two weeks ago, up .1 lb. from the previous week but down two lb. from a year ago.
Iowa-southern Minnesota hogs delivered were US$45-$45.50 per hundredweight April 10, up from $43 April 2.
U.S. hogs averaged $60.10 on a carcass basis April 10, up from $57.12 April 2.
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The U.S. pork cutout rose to $65.87 per cwt. April 10, up from $64.44 April 2.
The estimated U.S. weekly slaughter for the week to April 11 was 2.188 million, down from 2.194 million the previous week.
Slaughter was 2.015 million last year at the same time.
Bison steady
The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices up to C$5 per lb. hot hanging weight. U.S. buyers are offering US$4.10-$4.15 with returns dependent on exchange rates, quality and export costs.
Grade A heifers sold up to C$4.80. U.S. buyers were offering US$3.90.
Animals outside the desirable buyer specifications may be discounted.
Lambs stronger
Ontario Stockyards Inc. reported that 1,535 sheep and lambs and 106 goats traded April 6.
All good new crop lambs sold higher. Good sheep sold barely steady with plainer and thicker types under pressure. Most goats sold lower with a few fancy types selling steady.
