Market Summary: NC Cash Soybeans Fall While Futures Rise
At the 3 livestock auctions held Monday at Canton, Turnersburg and Siler City a total of 1526 cattle and 66 goats were sold. Slaughter cows trended mostly $0.50 to $5.50 lower, feeder steers trended mixed, and heifers trended mostly $1.00 to $7.00 lower when compared to last week’s sales.
N.C. Broiler-Fryers: The market is steady and the live supply is adequate to meet the moderate demand. Average weights are mostly light. The estimated slaughter for Tuesday in North Carolina is 2,817,000 head compared to 2,822,000 head last Tuesday.
N.C. Eggs: The market is steady on small, higher on the balance. Supplies are moderate. Retail demand is fair. Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets: Extra Large 116.05, Large 109.68, Medium 93.08, and Small 87.00.
Blueberries: demand fairly good. Market is about steady. Including palletizing and cooling, quality variable: flats of 12 1-pt cups with lids med-large: 16.00-17.00, few higher and lower.
Beans: demand exceeds supply. Market is about steady. Bushel cartons/crates, precooled, round green type, machine picked: 30.00-35.00, previous commitments lower.
Cabbage: demand is fairly good. Market is about steady. 50 lb cartons round green type medium: 9.00 to 10.00, Red type medium :14.00.
Cucumbers: demand moderate. Market is medium to slightly higher, others are about steady. Waxed 1 1/9 bushel cartons medium: 14.00-16.00, fair quality: 4.00-6.00, cartons 24s 3.50-4.00.
Squash: supply fairly light. Demand is fairly good. Market is about steady. 1/2 and 5/9 bushel cartons Zucchini small: 14.00-16.00, medium: 12.00-14.00. Yellow Straightneck small: 14.00-16.00, medium: 12.00-14.00
No. 2 yellow shelled corn trended 4 to 11 cents higher when compared to last report. Prices ranged $6.54-$7.88 at feed mills and $7.18-$7.48 at elevators. No. 1 yellow soybeans trended steady to 2 cents lower and were $15.85 at processors, and $14.25-$15.50 at elevators. No. 2 red winter wheat trended 6 cents higher and was $5.37-$6.39 at the elevators. Soybean meal, f.o.b. at processing plants, was $526.80 per ton for 48% protein.