Livestock Auction Prices Mirroring Futures

At the 3 weekly livestock auctions held Monday at Canton, Siler City and Turnersburg a total of 1,196 cattle and 14 goats were sold. Slaughter cows were mostly steady to $3.00 higher, bulls were mostly steady to $2.00 higher.  Feeder heifers were mostly $1.00 to $5.00 higher; steers and bulls were mostly $2.00 to $5.00 higher when compared to the previous sales.

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 Tuesday in North Carolina is 2,611,000 head compared to 2,918,000 head last Tuesday.

N.C. Eggs:  The market is steady on Small, lower on the balance. Supplies are mostly moderate.  Retail demand is moderate.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets: Extra Large 91.16, Large 83.11, Medium 62.25 and Small 52.00.

Cotton:  The strict-low-middling one and one sixteenth South East average price is 77.41 cents per pound, the U.S. average is 75.15 cents per pound.

U.S. 2 yellow shelled corn was 5 cents lower.  Prices ranged $3.91-$4.56 at feed mills and $3.78-$4.36 at elevators; new crop $3.91-$4.70. U.S. 1 yellow soybeans were 6 to 7 cents lower; prices were $9.36 at the processors, and ranged $8.86-$9.26 at the elevators; new crop $9.01-$9.62.  U.S. 2 soft red winter wheat was 5 cents lower, prices were $4.41 at the feed mills and $4.21 at the elevators, new crop $4.12-$4.38.  Soybean meal, f.o.b. at processing plants, was $340.20 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.

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