HOGS steady
Strong packer profits allowed them to keep U.S. hog prices steady as the market awaited a hoped-for uptick in demand with warmer weather suitable for grilling.
Iowa-southern Minnesota hogs delivered were US$46.50-$47.50 per hundredweight April 15, steady with $46.50-$47.50 April 8.
U.S. hogs averaged $61.63 on a carcass basis April 15, down from $61.98 April 8.
The U.S. pork cutout was $79.26 per cwt. April 15, higher from $76.80 Apr 8.
The estimated U.S. weekly slaughter for the week to April 15 was 2.197 million, up from 2.154 million the previous week.
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Slaughter was 2.240 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 pound hot hanging weight.
U.S. buyer bids equalled the Canadian market with returns dependent on exchange rates, quality and export costs.
Grade A heifers sold up to C$5.75 with U.S. buyers offering similar prices.
Animals outside the desirable buyer specifications may be discounted.
Lambs stronger
Ontario Stockyards Inc. reported that 843 sheep and lambs and 109 goats traded Apr. 11.
New crop lambs traded $15-20 higher. Heavy type lambs sold $10-15 cwt higher.
Most sheep sold steady with fat and thicker types under pressure at $10-15 lower.
Goats traded stronger.
