NCDA&CS Market Highlights for Monday January 7

DAILY MARKET HIGHLIGHTS FOR SFN

 

The following is a summary of market prices and conditions of North Carolina farm products for January 04, 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 03, in Smithfield, a total of 191 cattle and no goats were sold. Due to the market being closed the previous two weeks, there were no price comparisons available.  Demand and buyer activity were moderate for the light offerings. Cattle quality was average. Average dressing slaughter cows brought $50-$58 with high dressing up to $66.50. Average dressing slaughter bulls, 1000 lbs. & up, sold from $73-$80. 400-500 lbs. M&L 1-2 feeder steers were $132-$138. M&L 1-2 feeder heifers, 400-500 lbs. ranged $110-$128, 500-600 lbs. were $113-$121. M&L 1-2 feeder bulls, 400-500 lbs. were $134-$139, 500-600 lbs. were $127-$137.


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 4,759,000 head compared to 5,176,000 head last Friday and Saturday.


Eggs
:  The market was lower on all sizes. Supplies were mostly heavy. Retail demand was moderate to light. Weighted average prices for small lot sales of grade A eggs in cartons, delivered to nearby retail outlets: Extra Large 145.34, Large 143.62, Medium 82.52, and Small 64.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 70.52 cents per pound; the U.S. average is 68.09 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 4 cents higher when compared to last report. Prices ranged $4.18-$4.83 at feed mills and $3.98-$4.23 at elevators; new crop $4.01-$4.59.  U.S. 1 yellow soybeans were 9 cents higher. Prices were $8.86-$9.11 at the processors and ranged $8.39-$8.97 at the elevators; new crop $9.42.  U.S. 2 soft red winter wheat was 4 cents higher; prices were $3.93-$4.43 at the feed mills and $4.08-$4.23 at the elevators; new crop $4.21-$4.95.  Soybean meal, f.o.b. at processing plants, was $354.00 per ton for 48% protein.

 

Feed MillsBladenboro 4.53, —–, 4.43; Candor 4.58, —–, —-; Cofield 4.26, 9.07, —-; Laurinburg 4.53, —–, 4.33; Monroe 4.58, —–, —-; Nashville 4.83, —–, —-; Roaring River 4.73, —–, —-; Rose Hill 4.48, —–, 4.43; Creswell 4.18, 8.61, 3.93; Statesville 4.33, —–, —-; Warsaw 4.48, —–, 4.43; Pantego #2 —-, —–, —-.

 

Elevators: Bladenboro 3.98, 8.66, 4.18; Clarkton 4.08, 8.61, 4.18; Clement —-, 8.39, —-; Clinton 4.18, 8.66, 4.23; Creswell 3.98, 8.57, —-; Elizabeth City 4.03, 8.97, —-; Lagrange 4.08, 8.56, 4.13; Monroe —-, 8.75, —-; Mount Olive 4.19, 8.66, 4.13; Norwood 4.23, 8.47, —-; Register —-, 8.49, —-; Warsaw #2 4.23, 8.44, —-; Wilson —-, 8.41, 4.08.

 

Soybean Processors: Fayetteville, 9.11; Selma, 8.86.