NC Market Highlights for Feb. 9

Cattle:  At the livestock auctions held Tuesday in Mount Airy and Shelby, a total of 449 cattle and 18 goats were sold.  Compared to last week, breaking type slaughter cows were steady; while boning type slaughter cows were unevenly steady, 3.00 lower to 3.00 higher.  Slaughter bulls were 2.00 to 3.50 lower.  Feeder steers were mostly 3.00 to 6.00 higher; heifers were mostly 2.00 to 3.00 higher; and bulls were mostly 1.00 higher.  Demand was moderate to good; market activity and buyer interest were moderate to active.  Offerings of cattle were moderate.  Cattle quality was plain to average.  Average dressing slaughter cows brought $50-$63, with high dressing up to $78.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $78.50-$87, high dressing ranged $90-$98.  400-500 lbs. M&L 1-2 feeder steers were $156-$179, 500-600 lbs. ranged $145-$159.  

M&L 1-2 feeder heifers, 400-500 lbs. ranged $138-$155, 500-600 lbs. were $125-$138.  M&L 1-2 feeder bulls, 400-500 lbs. were $157-$166, 500-600 lbs. ranged $135-$149.

 

Video Auction:  At the Southeast Livestock Exchange video auction on February 06, an estimated 1,210 cattle were sold.  All lots are current delivery unless noted otherwise.  Steers: Medium and Large 1-2 776 lbs. $141.50, 857 lbs. $138.02, 835 lbs. $143.73 (Mar); Medium 1-2 700 lbs. $128.75 (split loads), 895 lbs. $137.60.  Heifers: Medium and Large 1-2 768 lbs. $134, 800 lbs. $133.25; Medium 1-2 735 lbs. $137.60, 700 lbs. $128.75 (split loads).

 

Broiler-Fryers:  The North Carolina broiler-fryer market was steady and the live supply was

adequate to meet the moderate demand.  Average weights were desirable to heavy.  The estimated slaughter for Wednesday in North Carolina was 3,129,000 head compared to 3,081,000 head last Wednesday.

 

Eggs:  The market was steady on small, lower on the balance.  Supplies were mostly moderate.  Retail demand was moderate.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets: Extra Large 195.08, Large 195.38, Medium 145.13, and Small 86.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 76.46 cents per pound; the U.S. average is 73.58 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was mostly 2 to 42 cents higher when compared to last report.  Prices ranged $3.92-$4.53 at feed mills and $3.75-$4.35 at elevators; new crop $3.95-$4.55. 

U.S. 1 yellow soybeans were mixed.  Prices were $9.68-$9.78 at the processors and ranged $9.03-$9.53 at the elevators; new crop $9.56-$9.91.  U.S. 2 soft red winter wheat was mostly 2 cents higher; prices were $3.95-$4.25 at the feed mills; new crop $4.27-$4.67.  Soybean meal, f.o.b. at processing plants, was $369.10 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.35, —–, 4.15; Candor 4.40, —–, —-; Cofield 4.05, 9.53, —-; Laurinburg 4.30, —–, 4.10; Monroe 4.47, —–, —-; Nashville 4.16, —–, —-;

Roaring River 4.53, —–, —-; Rose Hill 4.30, —–, 4.25; Creswell 3.92, 9.23, 3.95; Statesville 4.15, —–, —-; Warsaw 4.30, —–, 4.25; Pantego #2 4.05, —–, —-.

 

Elevators:  Bladenboro 4.05, 9.43, —-; Clarkton 4.05, 9.43, —-; Clement —-, —–, —-; Clinton 4.05, 9.43, —-; Creswell 3.90, 9.09, —-; Elizabeth City 3.75, 9.43, —-;

Lagrange 4.05, 9.43, —-; Monroe —-, 9.53, —-; Mount Olive 4.05, 9.43, —-;

Norwood 4.15, 9.03, —-; Register —-, 9.08, —-; Warsaw #2 4.35, —–, —-;

Wilson 4.05, 9.43, —-.

 

Soybean Processors:  Fayetteville  9.78; Selma  9.68.