NC Cash Grains Rise Alongside Futures

CATTLE:  At the weekly livestock auction held on Thursday in Smithfield, a total of 458 cattle were sold.  Slaughter cattle were $2.00 to $3.00 lower when compared to the previous week’s sale.  Feeder cattle were $5.00 to $10.00 higher.  Average dressing slaughter cows brought $50.00 to $64.00.  Average dressing slaughter bulls, 1000 lbs. & up, sold $70.00 to $80.00.

BROILER FRYERS:  The market is steady and the live supply is adequate to meet the moderate demand.  Average weights are heavy.  The estimated slaughter for Friday and Saturday in North Carolina is 2,920,000 head compared to 3,285,000 head last Friday and Saturday.

EGGS:  The market is steady on small, lower on the balance.  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 96.31, Large 91.66, Medium 73.56, and Small 59.00.

COTTON:  The strict-low middling one and one sixteenth Southeast average price is 75.82 cents per pound; the U.S. average is 73.37 cents per pound.

GRAIN:  US 2 Yellow Corn: was 5 cents higher.  Prices were 4.24-4.69, mostly 4.44 at the feed mills, and 3.70-4.49, mostly 3.99-4.19 at the elevators.   US 1 Yellow Soybeans: were 4 to 9 cents higher. Prices were 10.54 at the processors, 10.04-10.54 at the feed mills, and 9.95-10.39, mostly 10.34-10.39 at the elevators.  US 2 Soft Red Winter Wheat: was 5 cents higher.  Prices were 4.34 at the elevators.  Soybean Meal (f.o.b.) at the processing plants was 372.10 per ton for 48 percent 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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