NC Cash Grain Prices Slip Into the Weekend

At the 2 livestock auctions held Thursday at Shelby and Smithfield a total of 306 cattle and 2 goats were sold.  Slaughter cows were mostly steady, slaughter bulls were mostly steady. Feeder cattle were mixed.

NC. Broiler-fryers: The market tone is steady and the live supply is adequate to meet the moderate demand. Average weights are mostly heavy. The estimated slaughter for Friday and Saturday in North Carolina is 3,278,000 head compared to 3,957,000 head last Friday and Saturday.

The N.C. egg market is steady on all sizes. Supplies are moderate. Retail demand is moderate. Weighted average prices for small lot sales of Grade A eggs delivered to nearby retail outlets:  Extra Large 132.14, Large 123.61, Medium 97.86 and Small 75.00.

Cotton:  The strict-low-middling one and one sixteenth South East average price is 58.53 cents per pound, the U.S. average is 56.13 cents per pound.

U.S. 2 yellow shelled corn was 1 cent lower when compared to last report.  Prices ranged $4.04-$4.50 at feed mills and $3.80-$4.39 at elevators; new crop $3.78-$4.60.  U.S. 1 yellow soybeans were 4 cents lower; prices were $8.65 at the processors and ranged $8.05-$8.55 at the elevators.  U.S. 2 soft red winter wheat was 1 cent lower; prices were $4.39 at the feed mills, and $4.04-$4.09 at the elevators; new crop $4.15-$4.44.  Soybean meal, f.o.b. at processing plants, was $310.60 per ton 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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