Hogs steady
The drop in U.S. cash hog prices appeared to level out last week.
Supply was adequate, and several packing houses planned to close for the Nov. 11 holiday in Canada and the United States.
The price of hams has dropped significantly, and retailers might increase their ham features for U.S. Thanksgiving because consumers might be looking for something cheaper than beef.
Iowa-southern Minnesota hogs delivered traded as low as US$64 per hundredweight early in the week but recovered to $65-$66 Nov. 7, little changed from $65-$65.50 Oct. 31.
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U.S. hogs averaged $85.42 on a carcass basis Nov. 7, up from $84.52 Oct. 31. The U.S. pork cutout dropped to $94.74 per cwt. Nov. 7, down from $97.51 Oct. 31.
The estimated U.S. weekly slaughter for the week to Nov. 8 was 2.232 million, up from 2.193 million the previous week. Slaughter was 2.2867 million last year at the same time.
Bison steady
The Canadian Bison Association said Grade A bulls in the desirable weight range were as high as C$4.55 per lb. hot hanging weight.
Grade A heifers sold up to $4.35.
Animals outside the desirable buyer specifications may be discounted.
Lamb price falls
Beaver Hill Auction in Tofield, Alta., reported 1,523 sheep and 102 goats sold Nov. 3.
Wool lambs lighter than 54 lb. were $160-$240 per cwt., 55-69 lb. were $215-$248, 70-85 lb. were $205-$240, 86-105 lb. were $180-$216 and 106 lb. and heavier were $171-$185.
Wool rams were $57-$75 per cwt. Cull ewes were $45-$107.50.
Hair lambs lighter than 54 lb. were $150-$195 per cwt., 55-69 lb. were $180-$200, 70-85 lb. were $180-$200, 86-105 lb. were $160-$190 and 106 lb. and heavier were $160-$177.
Hair rams were $42-$110 per cwt. Cull ewes were $45-$95.
Feeder kids lighter than 60 lb. were $150-$180. Good kid goats lighter than 70 lb. were $180-$210. Those heavier than 70 lb. were $190-$215 per cwt. Nannies were $56-$90 per cwt. Billies were $120-$150.
Ontario Stockyards Inc. reported 1,894 sheep and lambs and 76 goats traded Nov. 3. All light lambs sold $7-$10 cwt. lower. Heavy lambs were down by $5-$7 cwt. Good sheep and goats sold steady.
