NC Cash Soybeans Follow Futures Higher

At the 2 weekly livestock auctions held Monday at Canton and Siler City a total of 830 cattle and 39 goats were sold.

N.C. Broiler-Fryers: The market is steady and the live supply is adequate to meet the moderate demand.  Average weights are desirable to heavy. The estimated slaughter for Tuesday in North Carolina is 3,135,000 head compared to 3,068,000 head last Tuesday.

N.C. Eggs:  The market is higher on all sizes. Supplies are mostly moderate.  Retail demand is good.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets: Extra Large 140.30, Large 134.87, Medium 110.30 and Small 78.00.

Cotton:  The strict-low-middling one and one sixteenth South East average price is 68.82 cents per pound, the U.S. average is 66.51 cents per pound.

U.S. 2 yellow shelled corn was 1 cent lower when compared to the previous day.  Prices ranged $3.83-$4.37 at feed mills and $3.47-$3.78 at elevators. U.S. 1 yellow soybeans were 2 cents higher; prices were $9.76 at the processors and $9.16-$9.59 at the elevators.  U.S. 2 soft red winter wheat was mostly 1 cent lower, prices were $3.67-$4.02 at the feed mills and $3.47-$3.82 at the elevators; new crop $4.11-$4.64.  Soybean meal, f.o.b. at processing plants, was $345.50 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.

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