Hogs firm
Market ready hog supply continued to tighten as it normally does this time of year.
Traders are closely watching demand as the spring grilling season gets underway. Beef prices have come down, and might present more competition.
Iowa-southern Minnesota hogs delivered were US$49-$51.50 per hundredweight April 28, steady with $48.50-$50 April 22.
U.S. hogs averaged $69.28 on a carcass basis Apr. 28, up from $65.64 April 22.
The U.S. pork cutout was $82.54 per cwt. April 28, up from $79.79 Apr 22.
The estimated U.S. weekly slaughter for the week to April 28 was 2.139 million, down from 2.241 million the previous week.
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Slaughter was 2.151 million last year at the same time.
The Maple Leaf Signature Three price was C$71.32 per cwt. or $157.23 per 100 kilograms, up from $68.38 and $150.76 the week before.
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. buyers are offering US$4.45 with returns dependent on exchange rates, quality and export costs.
Grade A heifers sold up to C$5.75 U.S. buyers are offering US$4.35.
Animals outside the desirable buyer specifications may be discounted.
Lambs steady to stronger
Beaver Hill Auction in Tofield, Alta., reported 488 sheep and 79 goats sold April 25.
Wool lambs lighter than 54 lb. were $225-$275 per cwt., 55 to 69 lb. were $229-$275, 70 to 85 lb. were $229-$258, 86 to 105 lb. were $190-$229 and 106 lb. and heavier were $150-$196.
Wool rams were $70-$87.50 per cwt. Cull ewes were $70-$150.
Hair lambs lighter than 54 lb. were $220-$265 per cwt., 55 to 69 lb. were $221-$260, 70 to 85 lb. were $221-$250, 86 to 105 lb. were $188-$219 and 106 lb. and heavier were $140-$176.
Hair rams were $75-$95 per cwt. Cull ewes were $72-$101.
Feeder kids lighter than 60 lb. were $250-$275. Good kid goats lighter than 70 lb. were $270-$345. Those heavier than 70 lb. were $277.50-$325 per cwt. Nannies were $100-$215 per cwt. Billies were $185-$255.
Ontario Stockyards Inc. reported that 2,162 sheep and lambs and 42 goats traded April 25.
New crop lambs traded at barely steady prices with heavy lambs strong. Good lean sheep sold at a premium. Both really thin and thicker types again sold under pressure. Goats held steady.
