NCDA&CS Market Highlights for Monday February 4

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for February 01, 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 auction held Thursday in Smithfield a total of 241 cattle were sold.  Compared to last week, breaking type slaughter cows had too few head to establish an adequate market comparison; boning type were mostly 3.00 higher; and slaughter bulls were mixed, 3.00 lower to 2.00 higher.  Feeder steers were mostly 8.00 to 9.00 higher; heifers were mostly 7.00 higher; and bulls were sharply higher.  Demand was good; market activity and buyer interest were active.  Offerings of cattle were light.  Cattle quality was average.  400-500 lbs. M&L 1-2 feeder steers ranged $143-$159, 500-600 lbs. were $134-$159.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $125-$136, 500-600 lbs. were $117-$130.  M&L 1-2 feeder bulls, 400-500 lbs. were $146-$154, 500-600 lbs. ranged $127-$154.

 

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 Friday and Saturday in North Carolina was 4,004,000 head compared to 3,839,000 head last Friday and Saturday.

 

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, cents per dozen: 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 71.14 cents per pound; the U.S. average is 69.07 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was mostly 2 cents higher when compared to last report.  Prices ranged $4.13-$4.75 at feed mills and $3.93-$4.38 at elevators; new crop $3.98-$4.57.  U.S. 1 yellow soybeans were mostly 2 to 3 cents higher.  Prices were $8.77-$9.07 at the processors and ranged $8.43-$8.98 at the elevators; new crop $9.27-$9.42.  U.S. 2 soft red winter wheat was mostly 2 cents higher; prices were $3.88-$4.38 at the feed mills and $4.03-$4.18 at the elevators; new crop $4.18-$4.97.  Soybean meal, f.o.b. at processing plants, was $346.80 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.48, —–, 4.38; Candor 4.53, —–, —-; Cofield 4.23,  9.08, —-; Laurinburg 4.48, —–, 4.38; Monroe 4.53, —–, —-; Nashville 4.75, —–, —-;

Roaring River 4.63, —–, —-; Rose Hill 4.43, —–, 4.38; Creswell 4.13, —–, 3.88; Statesville 4.28, —–, —-; Warsaw 4.43, —–, 4.38; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 4.18, —–, 4.13; Clarkton 4.18,  8.62, 4.13; Clement —-,  8.60, —-; Clinton 4.13,  8.62, 4.18; Creswell 3.93,  8.53, —-; Elizabeth City 4.01,  8.98, —-; Lagrange 4.18,  8.62, 4.08; Monroe —-,  8.78, —-; Mount Olive 4.18,  8.62, 4.08;

Norwood 4.18,  8.43, —-; Register —-,  8.62, —-; Warsaw #2 4.38,  8.57, —-;

Wilson —-, —–, 4.03.

 

Soybean Processors:  Fayetteville, 9.07; Selma, 8.77.