NCDA Market Highlights for Wednesday November 7

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for November 06, 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, Turnersburg, and Siler City a total of 2,178 cattle, 72 goats, and 14 sheep were sold.  When compared to the previous sales, slaughter cattle were mostly $2.00 to $6.00 lower.  Feeder steers were mostly $2.50 to $3.50 lower, bulls were mostly sharply lower, heifers were mostly steady to $6.00 higher.  Demand, market activity and buyer interest were moderate.  Offerings of cattle were moderate.  Cattle quality was plain to average.  Average dressing slaughter cows brought $37-$54, with high dressing up to $65.  Average dressing slaughter bulls, 1000 lbs. & up, sold were $60-$74, with high dressing ranging $69-$80.  400-500 lbs. M&L 1-2 feeder steers were $131-$150, 500-600 lbs. ranged $130-$154.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $115-$144, 500-600 lbs. were $110-$137.  M&L 1-2 feeder bulls, 400-500 lbs. were $123-$146, 500-600 lbs. ranged $110-$144.

 

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 3,221,000 head compared to 3,143,000 head last Tuesday.

 

Eggs:  The market was steady on Small, 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 150.98, Large 141.07, Medium 102.83, and Small 66.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 76.43 cents per pound; the U.S. average is 73.64 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 1 cent lower when compared to last report.  Prices ranged $4.03-$4.43 at feed mills and $3.88-$4.13 at elevators.  U.S. 1 yellow soybeans were mostly 1 cent lower.  Prices were $8.32-$8.52 at the processors and ranged $7.94-$8.49 at the elevators.  U.S. 2 soft red winter wheat was 1 cent lower; prices were $3.83-$4.33 at the feed mills and $3.98-$4.13 at the elevators; new crop $4.13-$5.11.  Soybean meal, f.o.b. at processing plants, was $346.40 per ton for 48% protein.

 

Feed MillsBladenboro 4.28, —–, 4.33; Candor —-, —–, —-; Cofield 4.13, 8.59, —-; Laurinburg 4.33, —–, 4.23; Monroe 4.43, —–, —-; Nashville 4.43, —–, —-; Roaring River —-, —–, —-; Rose Hill 4.43, —–, 4.33; Creswell 4.03, 8.24, 3.83; Statesville 4.23, —–, —-; Warsaw 4.43, —–, 4.33; Pantego #2 —-, —–, —-.

 

Elevators: Bladenboro 3.88, 8.14, 4.08; Clarkton 3.98, 8.14, 4.08; Clement 3.93, 8.08, —-; Clinton 4.08, 8.14, 4.13; Creswell 3.88, 8.20, —-; Elizabeth City 3.93, 8.49, —-; Lagrange 3.98, 7.99, 4.03; Monroe —-, 8.34, —-; Mount Olive 4.08, 8.14, 4.03; Norwood —-, —–, —-; Register —-, 8.12, —-; Warsaw #2 4.13, 8.02, —-; Wilson —-, 7.94, 3.98.

 

Soybean Processors: Fayetteville, 8.52; Selma, 8.32.