NC Market Highlights for Tuesday May 8

At the livestock auction held Thursday at Smithfield a total of 551 cattle and no goats were sold. Slaughter cows were mostly steady to $3.00 higher; bulls were $1.00 to $2.00 lower when compared to the previous sale.   Feeder steers were mostly $3.00 to $7.00 lower; heifers and bulls were unevenly steady.  Demand was moderate with moderate buyer activity.  Moderate offerings with quality of cattle average.  Average dressing slaughter cows brought $55.00 to $71.00, with high dressing up to $78.00. Slaughter bulls, 1,000 pounds and up were $74.00 to $87.00.  M&L 1-2 feeder steers, 400-500 lbs. brought $154.00 to $163.00, 500-600lbs. ranged $144.00 to $151.00.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $130.00 to $144.00 and 500-600 lbs. were $124.00 to $137.00.  M&L 1-2 feeder bulls, 400-500lbs. ranged $145.00 to $161.00.

 

At the monthly video auctions at Southeast Livestock Exchange and Mid Atlantic Cattle Sales, an estimated 2,822 cattle were sold.  All lots are current delivery unless noted otherwise.  Steers: Medium and Large 1 550 lbs. $169.25 (value added), 636 lbs. $166.42 (value added), 800 lbs. $134.75; Medium 1 575 lbs. $167.76 (Jun, value added), 625 lbs. $165.00 (Jun, value added), 840 lbs. $137.75, 950 lbs. $125.00; Medium and Large 1-2 540 lbs. $169.00, 770 lbs. $139.13; 842 lbs. $127.75, 825 lbs. $137.25 (value added), 900 lbs. $128.50; Medium 1-2 415 lbs. $197.75 (split loads); 635 lbs. $153.49; 870 lbs. $126.09.  Heifers:  Medium and Large 1 540 lbs. $148.58 (value added), 830 lbs. $119.75 (value added); Medium 1 525 lbs. $155.25 (Jun, value added); Medium and Large 1-2 738 lbs. $124.85; Medium 1-2 350 lbs. $182.75 (split loads), 752 lbs. $125.46, 715 lbs. $135.50 (value added), 824 lbs. $118.99.

 

State Graded Cattle Sale: At the state graded feeder cattle sale in Norwood on May 03, a total of 646 steers and 296 heifers were sold.  M&L 1 steers, 400-500 lbs. 165.35 per cwt.; 500-600 lbs. 149.93; 600-700 lbs. 145.44. M&L-1 heifers, 400-500 lbs. 144.25; 500-600 lbs. 137.02; 600-700 lbs. 128.66.

 

N.C. Broiler-fryers: The market tone 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 3,393,000 head compared to 3,129,000 head last Friday and Saturday.

 

The N.C. egg market is steady on all sizes.  Supplies are mostly moderate.   Retail demand is moderate to light.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets: Extra Large 140.51, Large 137.40, Medium 107.30, and Small 93.00.

 

Eastern North Carolina

2018 Season

Strawberries: demand moderate. Market slightly lower. Report issued Monday, Wednesday, and Friday.  Includes palletizing and cooling.  Flats 8 1-pound containers with lids medium-large 12.00-14.00 mostly 12.00-13.00.

 

U.S. 2 yellow shelled corn was 2 cents lower.  Prices ranged $4.06-$4.81 at feed mills and $4.14-$4.71 at elevators; new crop $4.26-$4.88.  U.S. 1 yellow soybeans were 16 to 17 cents lower; prices were $10.21-$10.46 at the processors and $9.57-$10.04 at the elevators; new crop $9.71-$10.22.  U.S. 2 soft red winter wheat was 2 cents lower, prices were $4.41-$4.71 at the feed mills; new crop $4.41-$5.01.  Soybean meal, f.o.b. at processing plants, was $421.70 per ton for 48% protein.

 

Feed Mills: Bladenboro 4.68, —–, 4.61; Candor 4.76, —–, —-; Cofield 4.44, 10.29, —-; Laurinburg 4.58, —–, 4.56; Monroe 4.76, —–, —-; Nashville 4.64, —–, —-; Roaring River 4.81, —–, —-; Rose Hill 4.71, —–, 4.71; Creswell 4.41, 9.81, 4.41; Statesville 4.48, —–, —-; Warsaw 4.71, —–, 4.71; Pantego #2 4.06, —–, —-.

 

Elevators: Bladenboro 4.46, 9.86, —-; Clarkton 4.46, 9.86, —-; Clement —-, —–, —-; Clinton 4.46, 9.81, —-; Creswell 4.22, 9.81, —-; Elizabeth City 4.14, 10.04, —-; Lagrange 4.46, 9.76, —-; Monroe —-, 9.87, —-; Mount Olive 4.46, 9.76, —-; Norwood 4.46, 9.57, —-; Register —-, —–, —-; Warsaw #2 4.71, —–, —-; Wilson 4.46, 9.81, —-.

 

Cotton:  The strict-low-middling one and one sixteenth South East average price is 87.40 cents per pound, the U.S. average is 82.71 cents per pound.