NCDA Market Highlights for Monday October 22

DAILY MARKET HIGHLIGHTS FOR SFN

 

The following is a summary of market prices and conditions of North Carolina farm products for October 19, 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 18, in Smithfield, a total of 1,097 cattle and no goats were sold. When compared to the previous sale, slaughter cattle were mostly steady to $2.00 higher.  Feeder steers were mostly $2.00 to $6.00 higher, heifers were mixed; $2.00 lower to $3.00 higher.  Bulls were steady to $1.00 lower.   Demand and buyer activity were moderate for the heavy offerings. Cattle quality was average. Average dressing slaughter cows brought $40-$50, with high dressing up to $59. Average dressing slaughter bulls, 1000 lbs. & up, sold from $60-$73, with high dressing ranging $78-$81. 400-500 lbs. M&L 1-2 feeder steers were $132-$147, 500-600 lbs. were $125-$139. M&L 1-2 feeder heifers, 400-500 lbs. ranged $114-$128, 500-600 lbs. were $109-$123. M&L 1-2 feeder bulls, 400-500 lbs. were $124-$138, 500-600 lbs. were $120-$132.

 

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 4,562,000 head compared to 4,562,000 head last Friday and Saturday.

 

Eggs:  The market was steady on all sizes. Supplies were moderate. Retail demand was moderate to good. Weighted average prices for small lot sales of grade A eggs in cartons, delivered to nearby retail outlets: Extra Large 143.54, Large 128.81, Medium 84.17, and Small 58.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 77.67 cents per pound; the U.S. average is 74.31 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 3 cents lower when compared to last report. Prices ranged $3.92-$4.37 at feed mills and $3.77-$4.07 at elevators.  U.S. 1 yellow soybeans were 7 cents lower. Prices were $8.46 at the processors and ranged $7.76-$8.24 at the elevators.  U.S. 2 soft red winter wheat was 3 cents lower; prices were $3.77-$4.27 at the feed mills and $3.92-$4.07 at the elevators; new crop $4.20-$5.18.  Soybean meal, f.o.b. at processing plants, was $348.10 per ton for 48% protein.

 

Feed MillsBladenboro 4.12, —–, 4.27; Candor 4.32, —–, —-; Cofield 3.97, 8.42, —-; Laurinburg 4.27, —–, 4.17; Monroe 4.27, —–, —-; Nashville 4.37, —–, —-; Roaring River 4.27, —–, —-; Rose Hill 4.32, —–, 4.27; Creswell 3.92, 8.06, 3.77; Statesville 4.17, —–, —-; Warsaw 4.32, —–, 4.27; Pantego #2 —-, —–, —-.

 

ElevatorsBladenboro 3.82, 7.76, 4.02; Clarkton 3.92, 7.76, 4.02; Clement 3.90, 8.24, —-; Clinton 4.02, 7.76, 4.07; Creswell 3.82, 8.06, —-; Elizabeth City 3.77, 8.22, —-; Lagrange 3.92, 7.76, 3.97; Monroe —-, 8.17, —-; Mount Olive 4.02, 7.76, 3.97; Norwood 4.07, 7.87, —-; Register —-, 8.11, —-; Warsaw #2 4.07, 7.96, —-; Wilson —-, 7.76, 3.92.

 

Soybean ProcessorsFayetteville, 8.46; Selma, No Bid.