U.S. hog values rise
The seasonal tightness in market-ready hog supplies kept U.S. cash hog prices strong.
Packers were reducing their kill to support processing margins.
Porcine epidemic diarrhea virus continues to cause problems in the United States, affecting 103 operations in 11 states. The disease is trimming hog production.
The spot June Chicago futures closed June 7 at a four-month high.
Iowa-southern Minnesota hogs delivered to packing plants rose to $71 US per cwt. June 7, up from $70 May 31.
Estimated pork cut-out value rose to $96.51 June 7, up from $94.31 May 31. Estimated U.S. slaughter in the week to June 8 was 2.018 million, up from 1.867 million in the holiday shortened week. Last year’s total was 12.005 million.
Bison lower
The Canadian Bison Association said Grade A bulls in the desirable weight range averaged $3.50 Cdn per pound hot hanging weight. Grade A heifers sold up to $3.45.
Animals older than 30 months and those outside the desirable buyer specifications may be discounted.
Sheep steady
Ontario Stockyards Inc. reported 1,740 sheep and lambs and 44 goats traded June 3. All sheep, lambs and goats sold steady.
