NCDA Market highlights for Thursday November 29

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for November 28, 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 614 cattle and 11 goats were sold.  Compared to two weeks ago, slaughter cows were mostly 1.00 to 5.00 higher and bulls were 1.00 to 8.00 higher.  Feeder cattle were mostly 6.00 higher on a light test.  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 $45-$55.  Average dressing slaughter bulls, 1000 lbs. & up, sold were $65-$73.50.  400-500 lbs. M&L 1-2 feeder steers ranged $140-$169, 500-600 lbs. were $128-$144.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $127.50-$136.  M&L 1-2 feeder bulls, 400-500 lbs. ranged $120-$155.

 

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 3,233,000 head compared to 3,033,000 head last Wednesday.

 

Eggs:  The market was lower on small and 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, cents per dozen: Extra Large 153.90, Large 150.02, Medium 117.96, and Small 79.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 76.88 cents per pound; the U.S. average is 74.17 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was mostly 4 cents higher when compared to last report.  Prices ranged $3.90-$4.40 at feed mills and $3.75-$4.01 at elevators.  U.S. 1 yellow soybeans were mostly 15 cents higher.  Prices were $8.55-$8.80 at the processors and ranged $8.10-$8.56 at the elevators.  U.S. 2 soft red winter wheat was mostly 4 cents higher; prices were $3.70-$4.20 at the feed mills and $3.85-$4.00 at the elevators; new crop $4.37-$4.91.  Soybean meal, f.o.b. at processing plants, was $342.90 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.15, —–, 4.20; Candor 4.26, —–, —-; Cofield 4.01, 8.66, —-; Laurinburg 4.30, —–, 4.10; Monroe 4.30, —–, —-; Nashville 4.30, —–, —-;

Roaring River 4.40, —–, —-; Rose Hill 4.30, —–, 4.20; Creswell 3.90, 8.30, 3.70; Statesville 4.23, —–, —-; Warsaw 4.30, —–, 4.20; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 3.75, 8.35, 3.95; Clarkton 3.85, 8.35, 3.95; Clement —-, —–, —-; Clinton 3.95, 8.35, 4.00; Creswell 3.75, 8.26, —-; Elizabeth City 3.81, 8.56, —-;

Lagrange 3.85, 8.25, 3.90; Monroe —-, 8.41, —-; Mount Olive 3.95, 8.35, 3.90;

Norwood 4.01, 8.16, —-; Register —-, 8.30, —-; Warsaw #2 4.00, 8.25, —-;

Wilson —-, 8.10, 3.85.

 

Soybean Processors:  Fayetteville, 8.80; Selma, 8.55.