NC Market Watch for May 16

At the 3 weekly livestock auctions held Monday at Canton, Siler City and Turnersburg a total of 1,171 cattle and 42 goats were sold. Slaughter cows were mostly steady to $2.00 higher; bulls were mostly steady to $4.00 lower.  Feeder steers and bulls were mostly $1.00 to $15.00 lower; heifers were mostly steady to $9.00 lower when compared to the previous sales.  Average dressing slaughter cows brought $60.00 to $78.00.  Average dressing slaughter bulls, 1000 lbs. & up, sold at $89.00 to $100.00 with high dressing up to $115.00. M&L 1-2 feeder steers, 400-500 lbs. brought $130.00 to $159.00, 500-600 lbs. brought $129.00 to $157.00.  400-500 lb. M&L 1-2 feeder heifers ranged $125.00 to $146.00 and 500-600 lbs. were $122.00 to $139.00.

N.C. 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 Tuesday in North Carolina is 2,917,000 head compared to 2,892,000 head last Tuesday.

N.C. Eggs:  The market is steady on all sizes. Supplies are moderate.  Retail demand is moderate.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets: Extra Large 86.02, Large 79.04, Medium 61.86 and Small 52.00.

U.S. 2 yellow shelled corn was steady when compared to the previous day.  Prices ranged $3.90-$4.57 at feed mills and $3.78-$4.42 at elevators; new crop $3.91-$4.65. U.S. 1 yellow soybeans were 10 to 11 cents higher; prices were $9.21-$9.55 at the elevators; new crop $9.27-$9.73.  U.S. 2 soft red winter wheat was without a price comparison, new crop $3.99-$4.47.  Soybean meal, f.o.b. at processing plants, was without a per ton bid for 48% protein.

Feed Mills: Bladenboro 4.37, —–, —-; Candor 4.48, —–, —-; Cofield 4.03, 9.76, —-; Laurinburg 4.37, —–, —-; Monroe 4.47, —–, —-; Nashville 4.18, —–, —-; Roaring River 4.57, —–, —-; Rose Hill 4.32, —–, —-; Statesville 4.17, —–, —-; Warsaw 4.32, —–, —-; Pantego #2 3.90, —–, —-.

Elevators: Bladenboro 4.02, —–, —-; Clarkton 4.02, —–, —-; Clement —-, —–, —-; Clinton 4.12, —–, —-; Creswell 3.92, 9.41, —-; Elizabeth City 3.78, 9.51, —-; Lagrange 4.02, —–, —-; Monroe —-, 9.55, —-; Mount Olive 4.02, —–, —-; Norwood 4.23, 9.21, —-; Register —-, —–, —-; Warsaw #2 4.42, —–, —-; Wilson 4.02, —–, —-.

Cotton:  The strict-low-middling one and one sixteenth South East average price is 80.57 cents per pound, the U.S. average is 78.34 cents per pound.


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