NCDA&CS Market Highlights for Monday June 3

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for May 30, 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 556 cattle and 2 goats were sold.  Compared to last week, slaughter cows were mostly 3.00 to 4.00 higher; while bulls were unevenly steady at 6.00 lower to 6.00 higher on a light test with limited comparisons from the previous week.  Feeder cattle were also lightly tested with limited comparable head from the previous week: steers were 4.00 to 5.00 lower; heifers were 2.00 to 10.00 lower, mostly 8.00 to 10.00 lower; and bulls were unevenly steady, mostly 1.00 lower to 1.00 higher.  Demand, market activity, and buyer interest were moderate.  Offerings of cattle in North Wilkesboro were light, while in Norwood offerings were moderate.  Cattle quality was plain to average.  Average dressing slaughter cows brought $50-$69, with high dressing up to $88.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $83-$89 with high dressing ranging $98-$104.  400-500 lbs. M&L 1-2 feeder steers ranged $135-$149, 500-600 lbs. were $130-$135.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $110-$112, 500-600 lbs. were $108-$114.  M&L 1-2 feeder bulls, 400-500 lbs. were $129-$137, 500-600 lbs. ranged $110-$127.

 

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 3,595,000 head compared to 3,365,000 head last Thursday.

 

Eggs:  The market was steady on all sizes.  Supplies were moderate.  Retail demand was 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 66.34 cents per pound; the U.S. average is 63.91 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 18 cents higher when compared to last report.  Prices ranged $4.76-$5.36 at feed mills and $4.48-$4.96 at elevators; new crop $4.12-$5.22.  U.S. 1 yellow soybeans were 17 cents higher.  Prices were $8.74-$9.14 at the processors and ranged $8.02-$8.74 at the elevators; new crop $8.08-$8.91.  U.S. 2 soft red winter wheat was 18 cents higher prices were $4.71-$5.21 at the feed mills and $4.66-$5.00 at the elevators; new crop $4.71-$5.16.  Soybean meal, f.o.b. at processing plants, was $362.40 per ton for 48% protein.

 

Feed Mills:  Bladenboro 5.06, —–, 5.21; Candor 5.26, —–, —-; Cofield 4.76,  8.76, —-; Laurinburg 5.11, —–, 5.21; Monroe 5.11, —–, —-; Nashville 5.36, —–, —-;

Roaring River 5.22, —–, —-; Rose Hill 5.06, —–, 5.06; Creswell 4.76, —–, 4.71; Statesville 4.86, —–, —-; Warsaw 5.06, —–, 5.01; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 4.76,  8.74, 4.66; Clarkton 4.76,  8.02, 4.66; Clement —-, —–, —-; Clinton 4.76,  8.74, 4.66; Creswell —-, —–, —-; Elizabeth City 4.48,  8.54, 5.00;

Lagrange 4.91,  8.74, 4.66; Monroe —-, —–, —-; Mount Olive 4.76,  8.74, 4.66;

Norwood 4.96,  8.09, —-; Register —-, —–, —-; Warsaw #2 —-, —–, —-;

Wilson —-,  8.02, 4.66.

 

Soybean Processors:  Fayetteville, 9.14; Selma, 8.74.

 

Fruit and Vegetable Prices (Shipping Point F.O.B.)Eastern North Carolina – 2018 Crop Sweet Potatoes:  Demand fairly light.  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-$14 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 $18-$21 few higher and lower.