NCDA & CS MARKET HIGHLIGHTS FOR THURSDAY, FEBRUARY 28

From the Southern Farm Network

The following is a summary of market prices and conditions of North Carolina farm products for February 28, 2019 reported by the Federal-State Markets News Service of the North Carolina Department of Agriculture and Consumer Services. All livestock is state reported.

Cattle: At the livestock auctions held Wednesday, February 27, in North Wilkesboro and Norwood a total of 712 cattle and 1 sheep were sold. Compared to last week, slaughter cows were mostly steady to 6.00 higher, and bulls were 3.00 to 7.00 higher. Feeder steers had too few prices for an adequate market comparison, heifers were mixed; 7.00 lower to 6.00 higher, and bulls were mostly 1.00 to 6.00 higher. Demand was good; market activity and buyer interest were moderate to active. Offerings of cattle were mostly moderate with cattle quality being plain to average. Average dressing slaughter cows brought $50-$63, with high dressing up to $71. Average dressing slaughter bulls, 1000 lbs. & up, were $73-$86; with high dressing ranging $88-$96. 400-500 lbs. M&L 1-2 feeder steers were $149-$167, 500-600 lbs. ranged $140-$152. M&L 1-2 feeder heifers, 400-500 lbs. ranged $123-$139, 500-600 lbs. ranged $125-$133. M&L 1-2 feeder bulls, 400-500 lbs. ranged $135-$166, 500-600 lbs. ranged $133-$146.

Broiler-Fryers: The North Carolina broiler-fryer market was steady, and the live supply was adequate to meet the moderate demand. Average weights were mostly heavy. The estimated slaughter for Thursday in North Carolina was 3,376,000 head compared to 3,213,000 head last Thursday.

Eggs: The market was lower on Extra Large, higher on Medium, steady 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 123.25, Large 121.04, Medium 91.78, and Small 80.00.

Cotton: The strict-low middling one and one sixteenth Southeast average price is 69.57 cents per pound; the U.S. average is 67.21 cents per pound.

Grain: U.S. 2 yellow shelled corn was 1 cent lower when compared to last report. Prices ranged $4.02-$4.60 at feed mills and $3.85-$4.22 at elevators; new crop $3.83-$4.47. U.S. 1 yellow soybeans were 6 cents lower. Prices were $8.57-$8.87 at the processors and ranged $8.32-$8.78 at the elevators; new crop $8.39-$9.29. U.S. 2 soft red winter wheat was 1 cent lower; prices were $3.92-$4.22 at the feed mills and $3.92 at the elevators; new crop $4.03-$4.59. Soybean meal, f.o.b. at processing plants, was $341.00 per ton for 48% protein.

Feed Mills: Bladenboro 4.32, —–, 4.22; Candor 4.41, —–, —-; Cofield 4.07, 8.88, —-; Laurinburg 4.32, —–, 4.22; Monroe 4.40, —–, —-; Nashville 4.60, —–, —-; Roaring River 4.45, —–, —-; Rose Hill 4.32, —–, 4.22; Creswell 4.02, —–, 3.92; Statesville 4.12, —–, —-; Warsaw 4.32, —–, 4.22; Pantego #2 —-, —–, —-.

Elevators: Bladenboro 4.02, 8.57, 3.92; Clarkton 4.02, 8.57, 3.92; Clement —-, —–, —-; Clinton 4.02, 8.57, 3.92; Creswell 3.85, 8.32, —-; Elizabeth City 3.85, 8.78, —-; Lagrange 4.02, 8.57, 3.92; Monroe —-, 8.68, —-; Mount Olive 4.02, 8.57, 3.92; Norwood 4.11, 8.35, —-; Register —-, —–, —-; Warsaw #2 4.22, 8.37, —-; Wilson —-, 8.57, 3.92.

Soybean Processors: Fayetteville, 8.87; Selma, 8.57.

Fruit and Vegetable Prices (Shipping Point F.O.B.): Eastern North Carolina – 2018 Crop Sweet Potatoes: demand moderate. Market about steady. Report issued Monday and Thursday. 40 pound cartons Orange Types U.S. No. 1 15.00-18.00 occasional lower, U.S. No. 1 Petite 11.00-14.00 mostly 12.00-13.00, U.S. No. 2 9.00-10.00 mostly 10.00 some low as 8.00 occasional 12.00, No Grade Marks jumbo 10.00-11.00 mostly 10.00 some low as 8.00 few high as 12.00.