Hogs rise
Hog prices in the United States rose last week on a tight supply of market-ready hogs and solid domestic demand.
Packers were expected to cut slaughter this week to adjust to the seasonal reduction in hog supply and stabilize processing margins.
Iowa-southern Minnesota hogs traded at $65 US per cwt. May 3, up from $62-$63 April 26.
The estimated pork cut-out value was $87.18 May 2, down slightly from $87.71 April 26.
Estimated U.S. slaughter to May 4 was 2.098 million, down from 2.148 million the previous week.
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The slaughter was 2.079 million last year and is down 0.3 percent so far this year.
Bison steady
The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices up to $3.60 Cdn per pound hot hanging weight. Contracted animals sold at prices up to $3.75. Grade A heifers sold up to $3.55 with contracts to $3.65.
Animals older than 30 months and those outside the desirable buyer specifications may be discounted.
Slaughter bulls and cows were $1.70-$1.80 per lb.
Lambs, sheep fall
Ontario Stockyards Inc. reported 4,206 sheep and lambs and 326 goats traded April 29. Quality lambs and sheep opened at steady prices but closed lower due to the large volume.
