NCDA Market Highlights for Thursday October 25

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for October 24, 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 auction held Tuesday in Shelby 540 cattle were sold, however, prices are not available due to absence of the reporter.  At Mount Airy a total of 152 cattle, 21 goats, and 9 sheep were sold.  Compared to last week, slaughter cows were 2.00 to 6.00 higher; while bulls were mixed, 2.50 lower to 5.50 higher.  Feeder steers were mostly 4.00 higher; heifers were 1.00 to 3.00 higher; while bulls were mostly 3.00 to 4.00 lower.  Demand, market activity, and buyer interest were moderate.  Offerings of cattle were moderate.  Cattle quality was average.  Average dressing slaughter cows brought $46-$51.50.  Average dressing slaughter bulls, 1000 lbs. & up, sold were $64.50-$74.  400-500 lbs. M&L 1-2 feeder steers ranged $134-$159, 500-600 lbs. were $140.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $121-$123.  M&L 1-2 feeder bulls, 400-500 lbs. were $134-$143, 500-600 lbs. ranged $118-$124.

 

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 3,226,000 head compared to 3,176,000 head last Wednesday.

 

Eggs:  The market was steady on small, higher on the balance.  Supplies were moderate.  Retail demand was moderate to good.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets, cents per dozen: Extra Large 143.07, Large 128.34, Medium 84.83, and Small 58.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 76.82 cents per pound; the U.S. average is 73.61 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was mostly 2 cents lower when compared to last report.  Prices ranged $3.93-$4.38 at feed mills and $3.78-$4.08 at elevators.  U.S. 1 yellow soybeans were mostly 7 to 8 cents lower.  Prices were $8.40 at the processors and ranged $7.70-$8.15 at the elevators.  U.S. 2 soft red winter wheat was mostly 2 cents lower; prices were $3.78-$4.28 at the feed mills and $3.93-$4.08 at the elevators; new crop $4.18-$5.04.  Soybean meal, f.o.b. at processing plants, was $341.10 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.13, —–, 4.28; Candor 4.33, —–, —-; Cofield 3.98, 8.35, —-; Laurinburg 4.28, —–, 4.18; Monroe 4.28, —–, —-; Nashville 4.38, —–, —-;

Roaring River 4.28, —–, —-; Rose Hill 4.33, —–, 4.28; Creswell 3.93, 8.00, 3.78; Statesville 4.18, —–, —-; Warsaw 4.33, —–, 4.28; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 3.83, 7.90, 4.03; Clarkton 3.93, 7.90, 4.03; Clement 3.88, 7.99, —-; Clinton 4.03, 7.90, 4.08; Creswell 3.83, 8.00, —-; Elizabeth City 3.78, 8.15, —-;

Lagrange 3.93, 7.75, 3.98; Monroe —-, 8.10, —-; Mount Olive 4.03, 7.90, 3.98;

Norwood 4.08, 7.80, —-; Register —-, 8.05, —-; Warsaw #2 4.08, 7.80, —-;

Wilson —-, 7.70, 3.93.

 

Soybean Processors:  Fayetteville 8.40; Selma No Bid.