HOGS EDGE HIGHER
A Midwest snowstorm made delivery difficult, and packers had to increase bids to get needed supply. Seasonally tighter supply also supported prices.
The average live slaughter weight of barrows and gilts in Iowa-Minnesota was 284.1 pounds two weeks ago, down .5 lb. from the previous week and down 2.3 lb. from a year ago.
Iowa-southern Minnesota hogs delivered were US$45.50-$46.50 per hundredweight Feb. 5, up from $44.50-$45 Jan 29.
U.S. hogs averaged $61.43 on a carcass basis Feb 5, higher than $59.92 Jan. 29. The U.S. pork cutout was $77.57 per cwt. Feb. 5, up from $77.01 Jan. 29.
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The estimated U.S. weekly slaughter for the week to Feb. 5 was 2.182 million, down from 2.328 million the previous week.
Slaughter was 2.259 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$6 per lb. hot hanging weight.
American buyers are offering US$4.25 with returns dependent on exchange rates, quality and export costs.
Grade A heifers sold up to C$5.75. American buyers are offering US$4.10.
Animals outside the desirable buyer specifications may be discounted.
LIGHT LAMBS STEADY
Ontario Stockyards Inc. reported that 761 sheep and lambs and 70 goats traded Feb. 1.
All lightweight new crop lambs sold steady.
Heavy lambs were lower again by $15-$20 per cwt.
Sheep and goats traded steady.
