NCDA&CS Market Highlights for Friday May 24

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for May 23, 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 889 cattle were sold.  Compared to last week, slaughter cows were mostly 1.00 to 2.00 lower; while bulls were mostly 2.00 to 3.00 higher.  Feeder steers were mostly 3.00 to 5.00 lower; heifers were mostly 9.00 to 11.00 lower; and bulls were mostly 6.00 to 9.00 lower.  Demand, market activity, and buyer interest were moderate.  Offerings of cattle in North Wilkesboro were light, while in Norwood offerings were mostly moderate.  Cattle quality was plain to average.  Average dressing slaughter cows brought $51.50-$66, with high dressing up to $74.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $78-$89 with high dressing ranging $90-$96.  400-500 lbs. M&L 1-2 feeder steers ranged $140-$151, 500-600 lbs. were $125-$141.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $112-$121, 500-600 lbs. were $119-$123.  M&L 1-2 feeder bulls, 400-500 lbs. were $121-$135, 500-600 lbs. ranged $123-$126.

 

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 3,608,000 head compared to 3,409,000 head last Thursday.

 

Eggs:  The market was steady on all sizes.  Supplies were mostly moderate.  Retail demand was mostly moderate.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets, cents per dozen: Extra Large 71.73, Large 67.59, Medium 60.00, and Small 55.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 64.23 cents per pound; the U.S. average is 61.94 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 5 cents lower when compared to last report.  Prices ranged $4.29-$4.94 at feed mills and $4.02-$4.59 at elevators; new crop $4.10-$4.78.  U.S. 1 yellow soybeans were 7 cents lower.  Prices were $8.07-$8.47 at the processors and ranged $7.42-$8.06 at the elevators; new crop $7.55-$8.33.  U.S. 2 soft red winter wheat was 5 cents lower prices were $4.24-$4.74 at the feed mills and $4.19-$4.50 at the elevators; new crop $4.15-$4.69.  Soybean meal, f.o.b. at processing plants, was $332.20 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.59, —–, 4.74; Candor 4.70, —–, —-; Cofield 4.30,  8.09, —-; Laurinburg 4.64, —–, 4.74; Monroe 4.55, —–, —-; Nashville 4.94, —–, —-;

Roaring River 4.65, —–, —-; Rose Hill 4.59, —–, 4.59; Creswell 4.29, —–, 4.24; Statesville 4.39, —–, —-; Warsaw 4.59, —–, 4.54; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 4.29,  8.06, 4.19; Clarkton 4.29,  8.02, 4.19; Clement —-, —–, —-; Clinton 4.29,  8.06, 4.19; Creswell 4.19,  7.72, —-; Elizabeth City 4.02,  7.87, 4.50; Lagrange 4.44,  8.06, 4.19; Monroe —-, —–, —-; Mount Olive 4.29,  8.06, 4.19;

Norwood 4.30,  7.42, —-; Register —-, —–, —-; Warsaw #2 4.59, —–, —-;

Wilson —-,  8.03, 4.19.

 

Soybean Processors:  Fayetteville, 8.47; Selma, 8.07.

 

Fruit and Vegetable Prices (Shipping Point F.O.B.)Eastern North Carolina – 2018 Crop Sweet Potatoes:  Demand moderate.  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 some low as $8 high as $14 few higher.  2019 Season Blueberries:  Demand good.  Market about steady.  Many present shipments from previous commitments.  Includes palletizing and cooling.  Flats 12 1-pint cups with lids medium-large $19-$21 some low as $18 occasional higher and lower.