NCDA Market Highlights for Monday October 20

DAILY MARKET HIGHLIGHTS FOR SFN

 

The following is a summary of market prices and conditions of North Carolina farm products for October 26, 2018 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 Thursday, October 25, in Smithfield, a total of 815 cattle and no goats were sold. When compared to the previous sale, slaughter cows were mostly $1.00 to $5.00 lower; bulls were steady to $1.00 lower.  Feeder cattle were sharply lower.   Demand was light for slow buyer activity.  Offerings were heavy. Cattle quality was plain Average dressing slaughter cows brought $30-$49, with high dressing up to $55. Average dressing slaughter bulls, 1000 lbs. & up, sold from $60-$72. 400-500 lbs. M&L 1-2 feeder steers were $120-$132. M&L 1-2 feeder heifers, 400-500 lbs. ranged $90-$106, 500-600 lbs. were $82-$101. M&L 1-2 feeder bulls, 400-500 lbs. were $114-$130, 500-600 lbs. were $110-$128.

 

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 Friday and Saturday in North Carolina was 4,083,000 head compared to 4,806,000 head last Friday and Saturday.

 

Eggs:  The market was steady on Small, higher on the balance. Supplies were moderate. Retail demand was mostly good. Weighted average prices for small lot sales of grade A eggs in cartons, delivered to nearby retail outlets: Extra Large 144.96, Large 130.22, Medium 87.26, and Small 58.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 78.03 cents per pound; the U.S. average is 75.03 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 6 cents higher when compared to last report. Prices ranged $3.92-$4.37 at feed mills and $3.78-$4.08 at elevators.  U.S. 1 yellow soybeans were 3 to 4 cents higher. Prices were $8.35 at the processors and ranged $7.65-$8.10 at the elevators.  U.S. 2 soft red winter wheat was 6 cents higher; prices were $3.77-$4.27 at the feed mills and $3.92-$4.07 at the elevators; new crop $4.12-$5.09.  Soybean meal, f.o.b. at processing plants, was $342.30 per ton for 48% protein.

 

Feed MillsBladenboro 4.12, —–, 4.27; Candor 4.33, —–, —-; Cofield 3.98, 8.30, —-; Laurinburg 4.27, —–, 4.17; Monroe 4.27, —–, —-; Nashville 4.37, —–, —-; Roaring River 4.27, —–, —-; Rose Hill 4.32, —–, 4.27; Creswell 3.92, 7.95, 3.77; Statesville 4.17, —–, —-; Warsaw 4.32, —–, 4.27; Pantego #2 —-, —–, —-.

 

Elevators: Bladenboro 3.82, 7.85, 4.02; Clarkton 3.92, 7.85, 4.02; Clement 3.82, 7.89, —-; Clinton 4.02, 7.85, 4.07; Creswell 3.82, 7.95, —-; Elizabeth City 3.78, 8.10, —-; Lagrange 3.92, 7.70, 3.97; Monroe —-, 8.05, —-; Mount Olive 4.02, 7.85, 3.97; Norwood 4.08, 7.75, —-; Register —-, 8.00, —-; Warsaw #2 4.07, 7.75, —-; Wilson —-, 7.65, 3.92.

 

Soybean Processors: Fayetteville, 8.35; Selma, No Bid.