NCDA&CS Market Highlights for Monday March 11

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for March 08, 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 344 cattle were sold.  Compared to last week, slaughter cows were mostly 1.00 to 3.00 higher, while bulls were steady to 2.00 higher.  Feeder cattle were mostly 7.00 to 8.00 higher, some sharply higher.  Demand was good; market activity and buyer interest were moderate.  Offerings of cattle were light.  Cattle quality was average.  Average dressing slaughter cows brought $52-$66, with high dressing up to $70.  Slaughter bulls, 1000 lbs. & up, average dressing ranged $76-$87, high dressing were $96.  400-500 lbs. M&L 1-2 feeder steers ranged $147-$174, 500-600 lbs. were $148-$163.  M&L 1-2 feeder heifers, 400-500 lbs. were $128-$138, 500-600 lbs. ranged $119-$132.  M&L 1-2 feeder bulls, 400-500 lbs. were $157-$172, 500-600 lbs. ranged $134-$161.

 

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 3,395,000 head compared to 3,367,000 head last Friday and Saturday.

 

Eggs:  The market was steady on all sizes.  Supplies were moderate to heavy.  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 120.78, Large 118.86, Medium 94.39, and Small 80.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 70.24 cents per pound; the U.S. average is 67.88 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was mostly 1 cent lower compared to last report.  Prices ranged $4.04-$4.64 at feed mills and $3.79-$4.29 at elevators; new crop $3.78-$4.43.  U.S. 1 yellow soybeans were mostly 7 cents lower.  Prices were $8.53-$8.83 at the processors and ranged $8.21-$8.66 at the elevators; new crop $8.26-$9.16.  U.S. 2 soft red winter wheat was mostly 1 cent lower; prices were $3.99-$4.24 at the feed mills and $3.94 at the elevators; new crop $3.93-$4.53.  Soybean meal, f.o.b. at processing plants, was $338.70 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.34, —–, 4.24; Candor 4.34, —–, —-; Cofield 4.06,  8.81, —-; Laurinburg 4.34, —–, 4.24; Monroe 4.34, —–, —-; Nashville 4.64, —–, —-;

Roaring River 4.39, —–, —-; Rose Hill 4.34, —–, 4.24; Creswell 4.04, —–, 3.99; Statesville 4.04, —–, —-; Warsaw 4.34, —–, 4.24; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 4.04,  8.55, 3.94; Clarkton 3.94,  8.43, 3.94; Clement —-, —–, —-; Clinton 4.04,  8.55, 3.94; Creswell —-, —–, —-; Elizabeth City 3.79,  8.66, —-;

Lagrange 4.04,  8.55, 3.94; Monroe —-,  8.56, —-; Mount Olive 4.04,  8.55, 3.94;

Norwood 4.04,  8.21, —-; Register —-, —–, —-; Warsaw #2 4.29, —–, —-;

Wilson —-,  8.43, 3.94.

 

Soybean Processors:  Fayetteville, 8.83; Selma, 8.53.