NCDA Market Highlights for Wednesday November 28

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for November 27, 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 Monday in Canton, Siler City, and Turnersburg a total of 1,687 cattle, 44 goats, and 19 sheep were sold.  Compared to previous sales, slaughter cattle were mostly steady to $5.00 higher.  Feeder cattle were mostly steady to $9.00 higher.  Demand was light to moderate; market activity and buyer interest were moderate.  Offerings of cattle were moderate.  Cattle quality was plain to average.  Average dressing slaughter cows brought $45-$56, with high dressing up to $70.  Average dressing slaughter bulls, 1000 lbs. & up, sold were $63-$79, high dressing ranged $78-$90.  400-500 lbs. M&L 1-2 feeder steers ranged $130-$150, 500-600 lbs. were $120-$147.50.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $117.50-$135, 500-600 lbs. were $115-$133.  M&L 1-2 feeder bulls, 400-500 lbs. were $135-$149, 500-600 lbs. ranged $118-$138.

 

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 Tuesday in North Carolina was 3,204,000 head compared to 3,221,000 head last Tuesday.

 

Eggs:  The market was lower on Medium and Small, steady on the balance.  Supplies were mostly 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 153.90, Large 150.02, Medium 119.78, and Small 81.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 75.88 cents per pound; the U.S. average is 73.17 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was steady when compared to the previous report.  Prices ranged $3.86-$4.36 at feed mills and $3.71-$3.97 at elevators.  U.S. 1 yellow soybeans were 13 cents higher.  Prices were $8.40-$8.65 at the processors and ranged $7.95-$8.41 at the elevators.  U.S. 2 soft red winter wheat was steady; prices were $3.66-$4.16 at the feed mills and $3.81-$3.96 at the elevators; new crop $3.97-$4.85.  Soybean meal, f.o.b. at processing plants, was $339.90 per ton for 48% protein.

 

Feed MillsBladenboro 4.11, —–, 4.16; Candor 4.22, —–, —-; Cofield 3.97, 8.51, —-; Laurinburg 4.26, —–, 4.06; Monroe 4.26, —–, —-; Nashville 4.26, —–, —-; Roaring River 4.36, —–, —-; Rose Hill 4.26, —–, 4.16; Creswell 3.86, 8.15, 3.66; Statesville 4.18, —–, —-; Warsaw 4.26, —–, 4.16; Pantego #2 —-, —–, —-.

 

Elevators: Bladenboro 3.71, 8.20, 3.91; Clarkton 3.81, 8.20, 3.91; Clement 3.77, 8.01, —-; Clinton 3.91, 8.20, 3.96; Creswell 3.71, 8.11, —-; Elizabeth City 3.77, 8.41, —-; Lagrange 3.81, 8.10, 3.86; Monroe —-, 8.26, —-; Mount Olive 3.91, 8.20, 3.86; Norwood 3.97, 8.01, —-; Register —-, 8.15, —-; Warsaw #2 3.96, 8.10, —-; Wilson —-, 7.95, 3.81.

 

Soybean Processors: Fayetteville, 8.65; Selma, 8.40.