NC Market Highlights for Friday May 11

market

Cattle:  At the livestock auctions held Tuesday in Mount Airy and Shelby a total of 651 cattle, 16 goats, and 2 sheep were sold.  Compared to last week, slaughter cows were unevenly steady; while bulls were 1.00 higher.  Feeder steers were sharply higher, while bulls were sharply lower; and heifers were unevenly steady.  Demand, market activity, and buyer interest were moderate.  Offerings of cattle were light to moderate.  Cattle quality was plain to average.  Average dressing slaughter cows brought $55-$68.50, with high dressing up to $72.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $81-$94.50.  400-500 lbs. M&L 1-2 feeder steers ranged $145-$174, 500-600 lbs. were $148-$165.50.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $129-$146, 500-600 lbs. were $122-$144.  M&L 1-2 feeder bulls, 400-500 lbs. were $144-$150, 500-600 lbs. ranged $127-$137.

 

Broiler-Fryers:  The North Carolina broiler-fryer market was steady and the live supply was adequate to meet the moderate demand.  Average weights were heavy.  The estimated slaughter for Wednesday in North Carolina was 3,102,000 head compared to 3,073,000 head last Wednesday.

 

Eggs:  The market was steady on all sizes.  Supplies were mostly moderate.  Retail demand was moderate to light.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets: Extra Large 128.37, Large 125.27, Medium 103.00, and Small 93.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 86.36 cents per pound; the U.S. average is 81.61 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was mostly 1 cent lower when compared to last report.  Prices ranged $4.02-$4.77 at feed mills and $4.11-$4.67 at elevators; new crop $4.30-$4.86.

U.S. 1 yellow soybeans were mostly 4 to 10 cents lower.  Prices were $9.95-$10.25 at the processors and ranged $9.36-$9.83 at the elevators; new crop $9.50-$10.09.  U.S. 2 soft red winter wheat was mostly 1 cent lower; prices were $4.37-$4.67 at the feed mills; new crop $4.37-$4.91.  Soybean meal, f.o.b. at processing plants, was $415.80 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.64, —–, 4.57; Candor 4.73, —–, —-; Cofield 4.41, 10.08, —-; Laurinburg 4.54, —–, 4.52; Monroe 4.77, —–, —-; Nashville 4.60, —–, —-;

Roaring River 4.77, —–, —-; Rose Hill 4.67, —–, 4.67; Creswell 4.37, 9.60, 4.37; Statesville 4.52, —–, —-; Warsaw 4.67, —–, 4.67; Pantego #2 4.02, —–, —-.

 

Elevators:  Bladenboro 4.42, 9.65, —-; Clarkton 4.42, 9.65, —-; Clement —-, —–, —-; Clinton 4.42, 9.60, —-; Creswell 4.18, 9.60, —-; Elizabeth City 4.11, 9.83, —-;

Lagrange 4.42, 9.55, —-; Monroe —-, 9.67, —-; Mount Olive 4.42, 9.55, —-;

Norwood 4.43, 9.36, —-; Register —-, —–, —-; Warsaw #2 4.67, —–, —-;

Wilson 4.42, 9.60, —-.

 

Soybean Processors:  Fayetteville 10.25; Selma 9.95.

 

Fruit and Vegetable Prices (Shipping Point F.O.B.):  Eastern North Carolina – 2018 Crop Strawberries:  Demand moderate.  Market about steady.  Includes palletizing and cooling.

Flats 8 1-pound containers with lids medium-large $12-$14 mostly $13-$14 some $14.25.