NCDA Market Highlights for Tuesday October 30

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for October 29, 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 Friday in Siler City a total of 754 cattle, 83 goats, and 57 sheep were sold.  Compared to last week, breaking type slaughter cows were 3.00 to 4.00 lower, while boning type slaughter cows were 1.00 higher; bulls were steady to 1.00 lower.  Feeder cattle were mostly 6.00 to 7.00 lower.  Demand, market activity, and buyer interest were moderate.  Offerings of cattle were moderate.  Cattle quality was average.  Average dressing slaughter cows brought $45-$55, with high dressing up to $60.  Average dressing slaughter bulls, 1000 lbs. & up, sold were $70-$76.  400-500 lbs. M&L 1-2 feeder steers ranged $128-$143, 500-600 lbs. were $133-$138.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $120-$129, 500-600 lbs. were $115-$121.  M&L 1-2 feeder bulls, 400-500 lbs. were $126-$134, 500-600 lbs. ranged $110-$125.

 

Broiler-Fryers:  The North Carolina broiler-fryer market was steady and the live supply was adequate to meet the moderate demand.  Average weights were mostly heavy.  The estimated slaughter for Monday in North Carolina was 3,234,000 head compared to 3,010,000 head last Monday.

 

Eggs:  The market was steady on extra large, higher on the balance.  Supplies were moderate.  Retail demand was mostly good.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets, cents per dozen: Extra Large 144.96, Large 130.70, Medium 87.87, and Small 59.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 76.67 cents per pound; the U.S. average is 73.67 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was mostly 1 cent lower when compared to last report.  Prices ranged $3.91-$4.36 at feed mills and $3.77-$4.06 at elevators.  U.S. 1 yellow soybeans were mostly 6 cents lower.  Prices were $8.29 at the processors and ranged $7.59-$8.04 at the elevators. 

U.S. 2 soft red winter wheat was mostly 1 cent lower; prices were $3.76-$4.26 at the feed mills and $3.91-$4.06 at the elevators; new crop $4.43-$5.10.  Soybean meal, f.o.b. at processing plants, was $343.20 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.11, —–, 4.26; Candor —-, —–, —-; Cofield 3.97, 8.24, —-; Laurinburg 4.26, —–, 4.16; Monroe 4.26, —–, —-; Nashville 4.36, —–, —-;

Roaring River 4.26, —–, —-; Rose Hill 4.31, —–, 4.26; Creswell 3.91, 7.89, 3.76; Statesville 4.16, —–, —-; Warsaw 4.31, —–, 4.26; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 3.81, 7.79, 4.01; Clarkton 3.91, 7.79, 4.01; Clement —-, —–, —-; Clinton 4.01, 7.79, 4.06; Creswell 3.81, 7.89, —-; Elizabeth City 3.77, 8.04, —-;

Lagrange 3.91, 7.64, 3.96; Monroe —-, 7.99, —-; Mount Olive 4.01, 7.79, 3.96;

Norwood —-, —–, —-; Register —-, 7.79, —-; Warsaw #2 4.06, 7.69, —-;

Wilson —-, 7.59, 3.91.

 

Soybean Processors:  Fayetteville 8.29; Selma No Bid.

 

Fruit and Vegetable Prices (Shipping Point F.O.B.)Eastern North Carolina – 2018 Crop Sweet Potatoes:  Demand moderate.  Market about steady.  40 pound cartons Orange Types U.S. No. 1 $15-$16 mostly $16 some $17-$18 occasional lower, U.S. No. 1 Petite $10-$14 mostly $11-$13, U.S. No. 2 $8-$10 mostly $10 occasional higher, No Grade Marks jumbo $9-$11 some $8 occasional higher.