Hogs rise
The hog market welcomed back the flow of U.S. Department of Agriculture data once the government reopened.
Analysts expected it would take a day or two for prices to realign with the official data.
Cooler temperatures and cheaper corn values should increase the amount of pork in coming weeks.
Packers might slow kill lines to try to improve their operating margins. Retailers had an adequate supply for the rest of October, which is national pork month in the U.S.
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Iowa-southern Minnesota hogs delivered to packing plants rose to $69 US per hundredweight Oct. 18, up from $67-$68 Oct. 11.
The estimated pork cut-out value was $94.30 Oct. 18.
Ron Plain and Scott Brown of the University of Missouri noted the average hog price Oct. 18 was 96.2 percent of cutout, which was unusually high.
Estimated weekly U.S. slaughter to Oct. 19 was 2.97 million. The previous week data is not available because of the U.S. government shutdown. Slaughter was 2.382 million last year in the same week.
Bison steady
The Canadian Bison Association said Grade A bulls in the desirable weight range averaged $3.50 Cdn per pound hot hanging weight with sales to $3.70. Grade A heifers sold at $3.45 with sales to $3.55.
Animals older than 30 months and those outside the desirable buyer specifications may be discounted.
Lambs slightly weak
Ontario Stockyards Inc. reported 1,036 sheep and lambs and 130 goats traded Oct. 15. All classes of lambs sold steady to slightly weaker. Sheep and goats sold steady.
