NCDA Market Highlights for Wednesday October 24

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for October 23, 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 2,049 cattle, 80 goats, and 25 sheep were sold.  When compared to the previous sales, slaughter cows were unevenly steady, bulls were mixed; $3.00 lower to $4.00 higher.  Feeder steers and bulls were mixed, heifers were mostly $2.00 to $4.00 lower.  Demand was moderate to good, with market activity and buyer interest being moderate to active.  Offerings of cattle were moderate.  Cattle quality was plain to average.  Average dressing slaughter cows brought $40-$56, with high dressing up to $70.  Average dressing slaughter bulls, 1000 lbs. & up, sold were $67-$79, with high dressing ranging $80-$82.  400-500 lbs. M&L 1-2 feeder steers were $130-$154, 500-600 lbs. ranged $130-$151.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $119-$139, 500-600 lbs. were $115-$132.  M&L 1-2 feeder bulls, 400-500 lbs. were $120-$151, 500-600 lbs. ranged $120-$146.

 

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 3,245,000 head compared to 3,180,000 head last Tuesday.

 

Eggs:  The market was steady on Small, higher on Medium, lower 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 142.12, Large 127.39, Medium 83.61, and Small 58.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 78.74 cents per pound; the U.S. average is 75.53 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 1 cent higher when compared to last report.  Prices ranged $3.95-$4.40 at feed mills and $3.80-$4.10 at elevators.  U.S. 1 yellow soybeans were mostly 1 cent lower.  Prices were $8.57 at the processors and ranged $7.77-$8.23 at the elevators.  U.S. 2 soft red winter wheat was 1 cent higher; prices were $3.80-$4.30 at the feed mills and $3.95-$4.10 at the elevators; new crop $4.20-$5.14.  Soybean meal, f.o.b. at processing plants, was $345.70 per ton for 48% protein.

 

Feed MillsBladenboro 4.15, —–, 4.30; Candor 4.35, —–, —-; Cofield 4.00, 8.43, —-; Laurinburg 4.30, —–, 4.20; Monroe 4.30, —–, —-; Nashville 4.40, —–, —-; Roaring River 4.30, —–, —-; Rose Hill 4.35, —–, 4.30; Creswell 3.95, 8.07, 3.80; Statesville 4.20, —–, —-; Warsaw 4.35, —–, 4.30; Pantego #2 —-, —–, —-.

 

ElevatorsBladenboro 3.85, 7.97, 4.05; Clarkton 3.95, 7.97, 4.05; Clement 3.90, 7.98, —-; Clinton 4.05, 7.97, 4.10; Creswell 3.85, 8.07, —-; Elizabeth City 3.80, 8.23, —-; Lagrange 3.95, 7.82, 4.00; Monroe —-, 8.18, —-; Mount Olive 4.05, 7.97, 4.00; Norwood 4.10, 7.88, —-; Register —-, 8.12, —-; Warsaw #2 4.10, 7.87, —-; Wilson —-, 7.77, 3.95.

 

Soybean ProcessorsFayetteville, 8.57; Selma, No Bid.