Daily Market Highlights – May 12, 2016

At the 2 livestock auctions held Wednesday at North Wilkesboro and Norwood a total of 783 cattle and 6 goats were sold.  Slaughter cows were mostly steady to $2.00 higher, slaughter bulls were mostly steady to $3.00 higher. Feeder steers and heifers were mostly $3.00 to $6.00 higher and feeder bulls were mostly $1.00 to $6.00 higher when compared to the previous sales.   Average dressing slaughter cows brought $70.00 to $82.00.  Average dressing slaughter bulls, 1000 lbs. & up, sold at $94.00 to $108.00, with high dressing up to $117.00.  M&L 1-2 feeder steers, 400-500 lbs. brought $152.50 to $165.00, 500-600 lbs. brought $140.00 to $159.00.  400-500 lbs. M&L 1-2 feeder heifers ranged $135.00 to $155.00 and 500-600 lbs. were $130.00 to $144.00.

N.C. Broiler-fryers: The market is steady and the live supply is adequate to meet the moderate demand.  Average weights are mostly heavy. The estimated slaughter for Thursday in North Carolina is 2,980,000 head compared to 2,914,000 head last Thursday.

N.C. Eggs:  The market is steady on small, lower on the balance. Supplies are moderate to heavy.  Retail demand is light to moderate.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets: Extra Large 86.00, Large 82.13, Medium 59.56 and Small 44.00.

Eastern North Carolina

2015 Season

Greens: demand moderate. Market about steady. Report issued Monday and Thursday. Various containers bunched/loose Collard 7.00-8.00, Kale 7.00-8.00, Mustard 7.00-8.00, and Turnip Tops 7.00-8.00. Sweet Potatoes: demand moderate. Market about steady. Report issued Monday and Thursday. 40 pound cartons Orange Types U.S. No. 1 15.00-17.00 few higher and lower, U.S. No. 1 Petite 12.00-14.00 few lower, U.S. No. 2 8.00-10.00 mostly 9.00-10.00 few 7.00 few higher, No Grade Marks jumbo 8.00-10.00 few lower occasional higher.

U.S. 2 yellow shelled corn was 11 to 12 cents higher when compared to the previous day.  Prices ranged $4.39-$4.84 at feed mills and $4.19-$4.70 at elevators; new crop $3.96-$4.81.  U.S. 1 yellow soybeans were 6 cents lower; prices were $10.82 at the processors and ranged $10.22-$10.62 at the elevators; new crop $10.11-$10.61.  U.S. 2 soft red winter wheat was 12 cents higher; prices were $4.74 at the feed mills and $4.39-$4.44 at the elevators; new crop $4.28-$4.69.  Soybean meal, f.o.b. at processing plants, was $409.40 per ton for 48% protein.

Feed Mills: Bladenboro 4.69, —–, 4.74; Candor 4.79, —–, —-; Cofield 4.49, 10.82, —-; Laurinburg 4.69, —–, 4.74; Monroe 4.79, —–, —-; Nashville 4.59, —–, —-; Roaring River 4.84, —–, —-; Rose Hill 4.69, —–, 4.74; Statesville 4.39, —–, —-; Warsaw 4.69, —–, 4.74; Pantego #2 —-, —–, —-.

Elevators: Bladenboro 4.19, —–, 4.44; Clarkton 4.19, —–, 4.44; Clement —-, —–, —-; Clinton 4.39, —–, 4.39; Creswell 4.19, 10.58, —-; Elizabeth City 4.19, 10.62, —-; Lagrange 4.24, —–, 4.39; Monroe —-, —–, —-; Mount Olive 4.39, —–, 4.39; Norwood 4.54, 10.22, —-; Register —-, —–, —-; Warsaw #2 4.70, —–, —-; Wilson 4.19, —–, 4.39

Cotton:  The strict-low-middling one and one sixteenth South East average price is 61.23 cents per pound, the U.S. average is 59.13 cents per pound.


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