NCDA&CS Market Highlights for Friday February 1

DAILY MARKET HIGHLIGHTS FOR SFN

 

The following is a summary of market prices and conditions of North Carolina farm products for January 31, 2019 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 Wednesday, January 30, in Norwood and North Wilkesboro a total of 542 cattle were sold.  Compared to last week, slaughter cows were mostly 2.00 to 6.00 higher, and bulls were unevenly steady.  Feeder cattle were sharply higher.  Demand was good; market activity and buyer interest were moderate to active.  Offerings of cattle were moderate to light with cattle quality being plain to average.  Average dressing slaughter cows brought $44-$57, with high dressing up to $65.  Average dressing slaughter bulls, 1000 lbs. & up, sold were $65-$79; with high dressing ranging $86-$89.  400-500 lbs. M&L 1-2 feeder steers were $146-$173, 500-600 lbs. ranged $141-$156.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $122-$142, 500-600 lbs. were $120-$134.  M&L 1-2 feeder bulls, 400-500 lbs. were $133-$170, 500-600 lbs. ranged $127-$155.

 

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 Thursday in North Carolina was 3,343,000 head compared to 3,222,000 head last Thursday.

 

Eggs:  The market was steady on all sizes.  Supplies were moderate. Retail demand was good. Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets: Extra Large 152.04, Large 150.24, Medium 112.35, and Small 80.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 71.90 cents per pound; the U.S. average is 69.90 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 5 cents lower when compared to last report. Prices ranged $4.16-$4.73 at feed mills and $3.91-$4.36 at elevators; new crop $3.99-$4.55.  U.S. 1 yellow soybeans were 6 cent lower. Prices were $8.75-$9.05 at the processors and ranged $8.35-$8.90 at the elevators; new crop $9.26-$9.41. U.S. 2 soft red winter wheat was 5 cents lower; prices were $3.86-$4.36 at the feed mills and $4.01-$4.16 at the elevators; new crop $4.19-$4.92. Soybean meal, f.o.b. at processing plants, was $345.00 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.41, —–, 4.36; Candor 4.52, —–, —-; Cofield 4.20, 9.00, —-; Laurinburg 4.46, —–, 4.36; Monroe 4.51, —–, —-; Nashville 4.73, —–, —-; Roaring River 4.61, —–, —-; Rose Hill 4.41, —–, 4.36; Creswell 4.16, 8.55, 3.86; Statesville 4.26, —–, —-; Warsaw 4.41, —–, 4.36; Pantego #2 —-, —–, —-.

 

Elevators: Bladenboro 4.16, 8.60, 4.11; Clarkton 4.16, 8.60, 4.11; Clement —-, 8.58, —-; Clinton 4.11, 8.60, 4.16; Creswell 3.91, 8.51, —-; Elizabeth City 3.97, 8.90, —-; Lagrange 4.16, 8.60, 4.06; Monroe —-, 8.75, —-; Mount Olive 4.16, 8.60, 4.06; Norwood 4.17, 8.40, —-; Register —-, 8.60, —-; Warsaw #2 4.36, 8.55, —-; Wilson —-, 8.35, 4.01.

 

Soybean Processors: Fayetteville, 9.05; Selma, 8.75

 

Fruit and Vegetable Prices (Shipping Point F.O.B.)Eastern North Carolina – 2018 Crop Sweet Potatoes:  demand moderate.  Market about steady.  Report issued Monday and Thursday.  40 pound cartons Orange Types U.S. No. 1 15.00-17.00 mostly 16.00-17.00 some high as 18.00 occasional lower, U.S. No. 1 Petite 11.00-14.00 mostly 12.00-13.00, U.S. No. 2 9.00-10.00 mostly 10.00 some low as 8.00 occasional higher, No Grade Marks jumbo 10.00-11.00 mostly 10.00 few lower occasionally higher.