Despite Setbacks, SE Cash Cotton Still Higher than National Average

Cattle:  At the livestock auction held Friday in Siler City a total of 870 cattle and 105 goats were

sold.  Compared to last week, slaughter cows were mostly 2.00 lower; while slaughter bulls were steady to 4.00 higher. 

Broiler-Fryers:  The North Carolina broiler-fryer market was steady and the live supply was

adequate to meet the moderate demand.  Average weights were mostly heavy.  The estimated

slaughter for Monday in North Carolina was 2,989,000 head compared to 2,957,000 head last

Monday.

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 63.14 cents per

pound; the U.S. average is 61.17 cents per pound.

Grain:  U.S. 2 yellow shelled corn was mostly 3 to 4 cents higher when compared to last report.

Prices ranged $4.21-$4.66 at feed mills and $3.88-$4.50 at elevators; new crop $3.81-$4.48.

U.S. 1 yellow soybeans were mostly 13 to 16 cents lower; prices were $9.64 at the processors and

ranged $8.57-$9.24 at the elevators; new crop $8.34-$8.79.  U.S. 2 soft red winter wheat was mostly

3 cents higher and was $4.55 at the feed mills and $3.99-$4.57 at the elevators.  Soybean meal, f.o.b. at processing plants, was $386.40 per ton for 48% protein.

 


A native of the Texas Panhandle, Rhonda was born and raised on a cotton farm where she saw cotton farming evolve from ditch irrigation to center pivot irrigation and harvest trailers to modules. After graduating from Texas Tech University, she got her start in radio with KGNC News Talk 710 in Amarillo, Texas.