NCDA Market Highlights for Thursday December 20

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for December 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 Tuesday in Mt. Airy and Shelby a total of 532 cattle, 20 goats, and 8 sheep were sold.  Compared to two weeks ago, slaughter cows were mostly steady to 4.00 higher, while bulls were mostly 1.00 higher.  Feeder cattle were mostly 5.00 to 6.00 lower.  Demand varied by location ranging from light to good; market activity and buyer interest were moderate.  Offerings of cattle were mostly moderate.  Cattle quality was plain to average.  Average dressing slaughter cows brought $45-$55, with high dressing up to $62.  Average dressing slaughter bulls, 1000 lbs. & up, sold were $70-$71.50, high dressing ranged $76-$87.  400-500 lbs. M&L 1-2 feeder steers ranged $125-$132, 500-600 lbs. were $126-$139.  M&L 1-2 feeder heifers, 400-500 lbs. were $115-$126, 500-600 lbs. ranged $109-$121.  M&L 1-2 feeder bulls, 400-500 lbs. were $134-$145, 500-600 lbs. ranged $117-$135.

 

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 Wednesday in North Carolina was 2,832,000 head compared to 2,828,000 head last Wednesday.

 

Eggs:  The market was higher on extra large and large, lower on medium, and steady on small.  Supplies were mostly moderate.  Retail demand was good.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets, cents per dozen: Extra Large 152.99, Large 152.99, Medium 103.57, and Small 78.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 74.71 cents per pound; the U.S. average is 72.28 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was mostly 4 cents lower when compared to last report.  Prices ranged $4.16-$4.71 at feed mills and $3.96-$4.22 at elevators; new crop $4.27-$4.57. 

U.S. 1 yellow soybeans were mostly 7 to 8 cents lower.  Prices were $8.65-$8.90 at the processors and ranged $8.20-$8.65 at the elevators; new crop $9.34.  U.S. 2 soft red winter wheat was mostly

4 cents lower; prices were $3.91-$4.41 at the feed mills and $4.06-$4.21 at the elevators; new crop $4.14-$5.02.  Soybean meal, f.o.b. at processing plants, was $342.80 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.46, —–, 4.41; Candor 4.57, —–, —-; Cofield 4.25, 8.80, —-; Laurinburg 4.51, —–, 4.31; Monroe 4.49, —–, —-; Nashville 4.71, —–, —-;

Roaring River —-, —–, —-; Rose Hill 4.46, —–, 4.41; Creswell 4.16, 8.40, 3.91; Statesville 4.31, —–, —-; Warsaw 4.46, —–, 4.41; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 3.96, 8.45, 4.16; Clarkton 4.06, 8.40, 4.16; Clement 4.04, 8.43, —-; Clinton 4.16, 8.45, 4.21; Creswell 3.96, 8.36, —-; Elizabeth City 4.02, 8.65, —-;

Lagrange 4.06, 8.35, 4.11; Monroe —-, 8.60, —-; Mount Olive 4.16, 8.45, 4.11;

Norwood 4.22, 8.25, —-; Register —-, 8.40, —-; Warsaw #2 4.21, 8.35, —-;

Wilson —-, 8.20, 4.06.

 

Soybean Processors:  Fayetteville, 8.90; Selma, 8.65.