NCDA&CS Market Highlights for Monday July 15

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for July 12, 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 436 cattle were sold.  Compared to two weeks ago, slaughter cows were steady to 1.00 higher; while bulls were mixed, 4.00 lower to 7.00 higher on a light test.  Feeder steers were mixed, 4.00 lower to 2.00 higher; bulls were mostly 4.00 to 6.00 lower; and heifers were mostly 4.00 to 6.00 lower.  Demand, market activity, and buyer interest were moderate.  Offerings of cattle were fairly light.  Cattle quality was average.  Average dressing slaughter cows brought $57-$68, with high dressing up to $76.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $75.50-$88, with high dressing ranging $100.  400-500 lbs. M&L 1-2 feeder steers ranged $124-$136, 500-600 lbs. were $118-$127.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $110-$126, 500-600 lbs. were $100-$116.  M&L 1-2 feeder bulls, 400-500 lbs. were $120-$128, 500-600 lbs. ranged $110-$121.

 

State Graded Cattle Sale:  At state graded feeder cattle sale in Norwood on Thursday, July 11, a total of 811 steers and 473 heifers were sold.  M&L 1 steers, 400-500 lbs. brought $154.58 per cwt.; 500-600 lbs. returned $151.61; 600-700 lbs. were $142.09.  M&L-1 heifers, 400-500 lbs. received $140.25; 500-600 lbs. ranged $142.26, and 600-700 lbs. brought $130.77.

 

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 4,272,000 head compared to 3,984,000 head last Friday and Saturday.

 

Eggs:  The market was steady on medium, lower on the balance.  Supplies were fairly heavy, overall.  Retail demand was light.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets, cents per dozen: Extra Large 86.05, Large 80.54, Medium 53.00, and Small 48.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 59.36 cents per pound; the U.S. average is 56.65 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 11 cents higher when compared to last report.  Prices ranged $4.96-$5.89 at feed mills and $4.69-$5.34 at elevators; new crop $4.69-$5.54.  

U.S. 1 yellow soybeans were 14 cents higher.  Prices were $9.08-$9.38 at the processors and ranged $8.33-$8.83 at the elevators; new crop $8.81-$9.07.  U.S. 2 soft red winter wheat was 10 cents higher; prices were $4.54-$5.34 at the feed mills and $5.01-$5.53 at the elevators.  Soybean meal, f.o.b. at processing plants, was $349.80 per ton for 48% protein.

 

Feed Mills:  Bladenboro 5.49, —–, 5.24; Candor 5.69, —–, —-; Cofield 4.96,  9.03, —-; Laurinburg 5.69, —–, 5.24; Monroe 5.79, —–, —-; Nashville 5.89, —–, —-;

Roaring River 5.54, —–, —-; Rose Hill 5.39, —–, 5.34; Creswell 5.04, —–, 4.54; Statesville 4.99, —–, —-; Warsaw 5.39, —–, 5.34; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 4.99,  8.73, 5.14; Clarkton 4.99,  8.76, 5.09; Clement —-, —–, —-; Clinton 4.99,  8.83, 5.14; Creswell —-, —–, 5.01; Elizabeth City 4.69,  8.81, —-;

Lagrange 5.14,  8.83, 5.14; Monroe —-, —–, 5.53; Mount Olive 4.99,  8.83, 5.14;

Norwood 5.24,  8.33, 5.08; Register —-, —–, 5.09; Warsaw #2 5.34, —–, —-;

Wilson —-,  8.76, 5.09.

 

Soybean Processors:  Fayetteville, 9.38; Selma, 9.08.

 

Fruit and Vegetable Prices (Shipping Point F.O.B.)Eastern North Carolina – 2019 Crop Peppers, Bell Type:  Demand moderate.  Market about steady.  Some shippers experiencing a production gap, while others experiencing harvesting delays due to rain and wet fields.   1 1/9 bushel cartons Green jumbo $14 few higher; extra large $14 few higher and lower, fair quality $10 few higher occasional lower; large $12 occasional lower.  Western North Carolina – 2019 Crop Peppers, Bell Type:  Demand moderate.  Market about steady.  1 1/9 bushel cartons Green jumbo $12-$16.35;  extra large $12-$16.35, fair quality $10-$12.35; large $12-$14.35.  Squash:  Demand moderate.  Market about steady.  Some producers experiencing a production gap of Yellow Straightneck.  1/2 and 5/9 bushel cartons Zucchini small $10-$14, medium $8-$12; Yellow Straightneck small $16-$18.35, medium $16.35.  Elizabeth City District North Carolina – 2019 Crop Potatoes:  Demand moderate.  Market about steady.  Wide price range Round Red tote bags.  Round Red U.S. One 50 pound sacks size B $26-$26.75, tote bags approximately 2000 pound per hundredweight size A $38.50-$46.50; Round White U.S. One tote bags approximately 2000 pounds per hundredweight size A $20.50-$24; Yellow Type U.S. One 50 pound sacks size B $12-$14.75, tote bags approximately 2000 pounds per hundredweight size A $40-$42.50.