NC Cash Beans Gain

At the livestock auction held Thursday at Smithfield a total of 676 cattle and no goats were sold. Slaughter cattle were mostly steady when compared to the previous week.  Feeder heifers were $2.00 to $3.00 higher; steers and bulls were steady.  Average dressing slaughter cows brought $53.00 to $67.00. Slaughter bulls, 1,000 pounds and up were $74.00 to $86.00.

Broiler-fryers: The market tone is steady and the live supply is adequate to meet the moderate demand. Average weights are desirable to heavy. The estimated slaughter for Friday and Saturday in North Carolina is 3,093,000 head compared to 2,992,000 head last Friday and Saturday.

The N.C. egg market is steady on all sizes.  Supplies are moderate to heavy.  Retail demand is moderate to light.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets: Extra Large 81.30, Large 79.14, Medium 65.21, and Small 58.00.

Cotton:  The strict-low-middling one and one sixteenth South East average price is 75.32 cents per pound, the U.S. average is 72.87 cents per pound.

U.S. 2 yellow shelled corn was 1 cent lower when compared to last report.  Prices ranged $4.14-$4.55 at feed mills and $3.65-$4.39 at elevators; new crop $3.96-$4.74.  U.S. 1 yellow soybeans were 2 cents higher; prices were $10.08 at the processors and ranged $9.57-$9.93 at the elevators; new crop $9.52-$10.12.  U.S. 2 soft red winter wheat was 1 cent lower; prices were $4.44 at the feed mills and $4.24 at the elevators; new crop $4.37-$4.58.  Soybean meal, f.o.b. at processing plants, was $361.30 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.