Market Summary: NC Cash Soybeans Plunge with Futures

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At the livestock auction held Thursday in Smithfield a total of 664 cattle were sold. Slaughter cows trended mixed; bulls were steady. Average dressing slaughter cows brought $65-$79, with high dressing up to $78. Average dressing slaughter bulls, 1000 lbs. & up, sold from $80-$89, high dressing ranged $95-$98.

The North Carolina broiler-fryer market was steady and the live supply was adequate to meet the moderate demand. Average weights were mostly desirable. The estimated slaughter for Friday and Saturday in North Carolina was 3,355,000 head compared to 3,008,000 head last Friday and Saturday.

Apples: Supply Golden Delicious light. Demand moderate. Market about steady. Wide range in price. U.S. Extra Fancy
Red Delicious 80s-100s $18-$24.50
Golden Delicious 80s-100s $22-$24.50
Rome. 80s-100s $18-$24,

Cabbage: Supply fairly light. Demand moderate. Market about steady. 50 pound cartons Round Green Type medium $10 few lower; Red Type medium $12.

U.S. 2 yellow shelled corn trended four to six cents lower when compared to last report. Prices ranged $4.12-$4.80 at feed mills and $4.35-$4.52 at elevators. U.S. 1 yellow soybeans trended 33 cents lower and were $13.00 at processors, and $12.70-$12.91 at elevators. U.S. 2 soft red winter wheat trended four cents lower and ranged $3.92-$4.42 at the elevators, new crop $4.93-$5.91. Soybean meal, f.o.b. at processing plants, was $485.50 per ton for 48% protein.


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