NC Cash Corn Sees Price Boost from Futures

At the weekly livestock auctions held Wednesday at Norwood and North Wilkesboro 1,490 cattle and 8 goats were sold. Slaughter cattle were mostly steady when compared to the previous sales.  Feeder steers and bulls were mostly steady to $10.00 lower, heifers were mixed.  Buyer demand and activity were moderate for the moderate offerings. The quality of the cattle was plain to average.  Average dressing slaughter cows brought $49.00 to $66.00, with high dressing up to $77.00.

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 Thursday in North Carolina is 3,128,000 head compared to 137,000 head last Thursday.

N.C. Eggs:  The market is steady on all sizes. Supplies are moderate.  Retail demand is good.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets: Extra Large 204.57, Large 204.57, Medium 134.86, and Small 84.00.

Cotton:  The strict-low-middling one and one sixteenth South East average price is 73.56 cents per pound, the U.S. average is 70.65 cents per pound.

U.S. 2 yellow shelled corn was 2 to 4 cents higher when compared to the previous day.  Prices ranged $3.81-$4.40 at feed mills and $3.41-$3.96 at elevators.  U.S. 1 yellow soybeans were 6 to 12 cents lower; prices were $9.60 at the processors and $8.96-$9.46 at the elevators.  U.S. 2 soft red winter wheat was 2 cents higher.  Prices ranged $3.61-$3.96 at the feed mills and $3.41-$3.73 at the elevators; new crop $3.98-$4.58.  Soybean meal, f.o.b. at processing plants was $356.50 per ton for 48% protein.

Feed Mills: Laurinburg 3.81, 9.10, 3.61; Rose Hill 3.96, —–, 3.96.

Elevators: Bladenboro 3.41, 9.25, 3.41; Clarkton 3.41, 9.25, 3.41; Clement 3.58, 9.25, 3.73.

 


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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