NCDA&CS Market Highlights for Friday May 10

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for May 09, 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 in North Wilkesboro and Norwood a total of 1,098 cattle and 12 goats were sold.  Compared to last week, slaughter cows were mostly 2.00 to 4.00 higher; while bulls were steady to 3.00 lower.  Feeder steers were mixed, 10.00 lower to 6.00 higher; heifers were mostly steady to 3.00 lower, however, some as much as 14.00 lower; and bulls were mostly steady.  Demand, market activity, and buyer interest were moderate.  Offerings of cattle were fairly light to moderate.  Cattle quality was average.  Average dressing slaughter cows brought $46-$63, with high dressing up to $74.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $72-$86 with high dressing ranging $88-$91.  400-500 lbs. M&L 1-2 feeder steers ranged $144-$172.50, 500-600 lbs. were $142-$160.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $116-$142.50, 500-600 lbs. were $114-$129.  M&L 1-2 feeder bulls, 400-500 lbs. were $130-$167.50, 500-600 lbs. ranged $108-$147.50.

 

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 desirable.  The estimated slaughter for Thursday in North Carolina was 3,533,000 head compared to 3,321,000 head last Monday.

 

Eggs:  The market was lower on all sizes.  Supplies were moderate.  Retail demand was light to moderate.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets, cents per dozen: Extra Large 78.16, Large 74.44, Medium 64.22, and Small 58.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 66.98 cents per pound; the U.S. average is 64.69 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 11 cents lower when compared to last report.  Prices ranged $3.93-$4.58 at feed mills and $3.65-$4.23 at elevators; new crop $3.64-$4.27.  U.S. 1 yellow soybeans were 14 to 15 cents lower.  Prices were $7.60-$8.15 at the processors and ranged $7.33-$7.82 at the elevators; new crop $7.34-$8.21.  U.S. 2 soft red winter wheat was 11 cents lower prices were $3.88-$4.38 at the feed mills and $3.83-$4.10 at the elevators; new crop $3.75-$4.33.  Soybean meal, f.o.b. at processing plants, was $324.10 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.23, —–, 4.38; Candor 4.23, —–, —-; Cofield 3.93,  8.00, —-; Laurinburg 4.38, —–, 4.38; Monroe 4.19, —–, —-; Nashville 4.58, —–, —-;

Roaring River 4.29, —–, —-; Rose Hill 4.23, —–, 4.23; Creswell 3.98, —–, 3.88; Statesville 4.03, —–, —-; Warsaw 4.23, —–, 4.18; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 3.93,  7.82, 3.83; Clarkton 3.93,  7.70, 3.83; Clement —-, —–, —-; Clinton 3.93,  7.82, 3.83; Creswell —-, —–, —-; Elizabeth City 3.65,  7.78, 4.10;

Lagrange 4.08,  7.82, 3.83; Monroe —-, —–, —-; Mount Olive 3.93,  7.82, 3.83;

Norwood 3.93,  7.33, —-; Register —-, —–, —-; Warsaw #2 4.23, —–, —-;

Wilson —-,  7.70, 3.83.

 

Soybean Processors:  Fayetteville, 8.15; Selma, 7.60.

 

Fruit and Vegetable Prices (Shipping Point F.O.B.)Eastern North Carolina – 2018 Crop Sweet Potatoes:  Demand fairly light.  Market about steady.  40 pound cartons Orange Types U.S. No. 1 $16-$18 some low as $15 high as $22 occasional lower, U.S. No. 1 Petite $11-$15 mostly $12-$13, U.S. No. 2 $9-$10 some low as $8 high as $14, No Grade Marks jumbo $10-$12 few low as $8 some high as $14.