NC Cash Grains Follow Futures Higher

At the weekly livestock auctions held Wednesday at Norwood 924 cattle and 2 goats were sold. Slaughter cattle were mostly steady when compared to the previous week.

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 3,117,000 head compared to 3,031,000 head last Thursday.

 Cotton:  The strict-low-middling one and one sixteenth South East average price is 68.59 cents per pound, the U.S. average is 66.14 cents per pound.

U.S. 2 yellow shelled corn was 3 cents higher when compared to the previous day.  Prices ranged $3.74-$4.29 at feed mills and $3.49-$3.79 at elevators.  U.S. 1 yellow soybeans were 27 cents higher; prices were $10.17 at the processors and $9.15-$9.67 at the elevators; new crop $9.32-$9.82.  U.S. 2 soft red winter wheat was mostly 3 cents higher.  Prices ranged $3.69-$3.99 at the feed mills and $3.59-$3.83 at the elevators; new crop $4.15-$4.66.  Soybean meal, f.o.b. at processing plants was $356.30 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.