NCDA Market Highlights for Thursday December 6

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for December 05, 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 Mount Airy and Shelby a total of 781 cattle and 1 goat were sold.  Compared to last week, slaughter cows were mostly steady to 1.00 lower; while bulls were unevenly steady, mostly 3.00 lower to 3.00 higher.  Feeder steers were sharply lower; heifers were mostly 4.00 to 5.00 lower; and bulls were unevenly steady, mostly 4.00 lower to 4.00 higher.  Demand, market activity, and buyer interest were moderate.  Offerings of cattle were light to moderate.  Cattle quality was plain to average.  Average dressing slaughter cows brought $44.50-$54, with high dressing up to $56.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $65-$70.  400-500 lbs. M&L 1-2 feeder steers ranged $135-$147.  M&L 1-2 feeder heifers, 400-500 lbs., ranged $126.50-$129.50.  M&L 1-2 feeder bulls, 400-500 lbs. ranged $124-$152.50.

 

Video Auction:  At the Southeast Livestock Exchange video auction on Tuesday, December 04, an estimated 970 cattle were sold.  All lots are current delivery unless noted otherwise.  Steers: Medium and Large 1-2 760 lbs. $137.50, 850 lbs. $137.25 (Jan); Medium 1-2 580 lbs. $157.75 (Jan), 675 lbs. $148 (Jan), 650 lbs. $120.50 (split loads), 780 lbs. $132.75 (split loads).  Heifers: Medium and Large 1-2 725 lbs. $132.75 (Jan); Medium 1-2 675 lbs. $135.25, 650 lbs. $120.50 (split loads), 750 lbs. $132.75 (Feb), 780 lbs. $134.00, 725 lbs. $125.75 (split loads).

 

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 3,094,000 head compared to 3,152,000 head last Wednesday.

 

Eggs:  The market was steady on small, lower on the balance.  Supplies were moderate to heavy.  Retail demand was moderate.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets, cents per dozen: Extra Large 152.18, Large 148.30, Medium 109.96, and Small 78.00.

 

Cotton:  No report will be issued on Wednesday, December 05, 2018 in observance of the National Day of Mourning for President George H. W. Bush.  The next report will be issued on Thursday, December 06, 2018.

 

Grain:  U.S. 2 yellow shelled corn was mostly steady when compared to last report.  Prices ranged $4.19-$4.64 at feed mills and $3.86-$4.24 at elevators; new crop $4.17-$4.72.  U.S. 1 yellow soybeans were mostly 2 cents higher.  Prices were $8.78-$9.03 at the processors and ranged $8.33-$8.79 at the elevators; new crop $8.96-$9.42.  U.S. 2 soft red winter wheat was mostly steady; prices were $3.94-$4.44 at the feed mills and $4.09-$4.24 at the elevators; new crop $4.09-$4.93.  Soybean meal, f.o.b. at processing plants, was $346.90 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.44, —–, 4.44; Candor 4.49, —–, —-; Cofield 4.27, 8.94, —-; Laurinburg 4.44, —–, 4.34; Monroe 4.52, —–, —-; Nashville 4.44, —–, —-;

Roaring River 4.64, —–, —-; Rose Hill 4.49, —–, 4.44; Creswell 4.19, 8.53, 3.94; Statesville 4.34, —–, —-; Warsaw 4.49, —–, 4.44; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 3.99, 8.58, 4.19; Clarkton 4.09, 8.53, 4.19; Clement 3.89, 8.45, —-; Clinton 4.19, 8.58, 4.24; Creswell 3.86, 8.49, —-; Elizabeth City 3.94, 8.79, —-;

Lagrange 4.09, 8.48, 4.14; Monroe —-, 8.74, —-; Mount Olive 4.19, 8.58, 4.14;

Norwood 4.24, 8.39, —-; Register —-, —–, —-; Warsaw #2 4.14, 8.48, —-;

Wilson —-, 8.33, 4.09.

 

Soybean Processors:  Fayetteville, 9.03; Selma, 8.78.