Cash hogs edge higher
Slow deliveries because of cold, snowy weather in the United States lifted American hog cash prices.
Concerns that porcine epidemic diarrhea will reduce market supply this summer supported futures prices.
Iowa-southern Minnesota hogs delivered to packing plants sold at $62-$62.50 US per hundredweight Feb. 7, up from $60-$61 Jan. 31.
The estimated pork cut-out value was $92.20 per cwt. Feb. 7, up from $89.30 Jan. 31.
Estimated weekly U.S. slaughter to Feb. 8 was 2.171 million, up from 2.132 million in the previous week. Slaughter was 2.141 million last year in the same week.
Read Also
Critical growing season is ahead for soybeans
What the weather turns out to be in the United States is going to have a significant impact on Canadian producers’ prices
Bison steady
The Canadian Bison Association said Grade A bulls in the desirable weight range were in balanced supply.
Prices reached a high of $3.85 Cdn per pound hot hanging weight. Grade A heifers sold at prices up to $3.70.
Quality 2013 bull calves weighing 500 lb. sold for a high of $2.35 per lb. live weight.
In the live market on light trading 2013 heifers averaged slightly more than 430 lb. and traded for slightly more than $1.80 per lb.
Animals outside the desirable buyer specifications may be discounted.
Lambs and sheep steady
Ontario Stockyards Inc. reported 1,194 sheep and lambs and 54 goats traded Feb. 3.
Well-finished light lambs sold at premium prices. All other lambs and sheep sold steady to strong.
Goats sold actively at higher prices.
