NCDA&CS Market Highlights for Monday January 28

DAILY MARKET HIGHLIGHTS FOR SFN

 

The following is a summary of market prices and conditions of North Carolina farm products for January 25, 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 Thursday, January 24, in Smithfield, a total of 297 cattle were sold. Compared to last week, slaughter cattle were mostly 4.00 to 5.00 higher.  Feeder steers were 4.00 to 7.00 higher; heifers were mostly 4.00 to 5.00 lower; and bulls were mostly steady to 3.00 lower.  Demand and buyer activity were moderate for the light offerings. Cattle quality was average. Average dressing slaughter cows brought $40-$55. Average dressing slaughter bulls, 1000 lbs. & up, sold from $64-$75, with high dressing up to $81. 400-500 lbs. M&L 1-2 feeder steers were $134-$145, 500 to-600 lbs. were $126-$130.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $118-$129, 500-600 lbs. were $100-$118. M&L 1-2 feeder bulls, 400-500 lbs. were $126-$139, 500-600 lbs. were $124-$129.


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 Friday and Saturday in North Carolina was 3,906,000 head compared to 4,821,000 head last Friday and Saturday.


Eggs
:  The market was steady on Small, and higher on the balance. Supplies were light. Retail demand was good. Weighted average prices for small lot sales of grade A eggs in cartons, delivered to nearby retail outlets: Extra Large 141.11, Large 136.94, Medium 93.58, and Small 80.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 71.88 cents per pound; the U.S. average is 69.88 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 3 cents higher when compared to last report. Prices ranged $4.20-$4.75 at feed mills and $3.95-$4.40 at elevators; new crop $3.98-$4.58.  U.S. 1 yellow soybeans were 9 cents higher. Prices were $8.90-$9.15 at the processors and ranged $8.45-$9.00 at the elevators; new crop $9.34-$9.49.  U.S. 2 soft red winter wheat was 3 cents higher; prices were $3.90-$4.40 at the feed mills and $4.05-$4.20 at the elevators; new crop $4.18-$4.98.  Soybean meal, f.o.b. at processing plants, was $348.90 per ton for 48% protein.

 

Feed MillsBladenboro 4.45, —–, 4.40; Candor 4.55, —–, —-; Cofield 4.23, 9.10, —-; Laurinburg 4.50, —–, 4.40; Monroe 4.55, —–, —-; Nashville 4.75, —–, —-; Roaring River 4.70, —–, —-; Rose Hill 4.45, —–, 4.40; Creswell 4.20, 8.65, 3.90; Statesville 4.30, —–, —-; Warsaw 4.45, —–, 4.40; Pantego #2 —-, —–, —-.

 

Elevators: Bladenboro 4.20, 8.70, 4.15; Clarkton 4.20, 8.70, 4.15; Clement —-, 8.52, —-; Clinton 4.15, 8.70, 4.20; Creswell 3.95, 8.61, —-; Elizabeth City 4.00, 9.00, —-; Lagrange 4.20, 8.70, 4.10; Monroe —-, 8.85, —-; Mount Olive 4.20, 8.70, 4.10; Norwood 4.20, 8.50, —-; Register —-, 8.70, —-; Warsaw #2 4.40, 8.65, —-; Wilson —-, 8.45, 4.05.

 

Soybean Processors: Fayetteville, 9.15; Selma, 8.90.