NCDA&CS Market Highlights for Monday March 4

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for March 01, 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, February 28, in Smithfield a total of 493 cattle were sold.  Compared to last week, slaughter cows were mostly steady to 6.00 lower; and slaughter bulls were steady to 2.00 higher.  Feeder cattle were sharply higher.  Demand was good with moderate buyer market activity and interest.  Offerings of cattle were moderate.  Cattle quality was average. Average dressing slaughter cows brought $51-$65, with high dressing up to $77.  Average dressing slaughter bulls, 1000 lbs. & up, were $76-$85, with high dressing ranging $90-$96.   400-500 lbs. M&L 1-2 feeder steers ranged $144-$170, 500-600 lbs. were $140-$147.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $121-$140, 500-600 lbs. were $119-$131.  M&L 1-2 feeder bulls, 400-500 lbs. were $138-$145, 500-600 lbs. ranged $126-$146.

 

Broiler-Fryers:  The North Carolina broiler-fryer market was steady, and the live supply was adequate to meet the moderate demand.  Average weights were desirable to heavy.  The estimated slaughter for Friday and Saturday in North Carolina was 3,449,000 head compared to 3,359,000 head last Friday and Saturday.

 

Eggs:  The market was higher on Medium, steady on Small, lower on the balance.  Supplies were mostly 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 122.44, Large 120.23, Medium 92.18, and Small 80.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 70.60 cents per pound; the U.S. average is 68.24 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 1 to 11 cents higher when compared to last report.  Prices ranged $4.12-$4.62 at feed mills and $3.87-$4.38 at elevators; new crop $3.82-$4.49.  U.S. 1 yellow soybeans were mixed.  Prices were $8.59-$8.89 at the processors and ranged $8.33-$8.79 at the elevators; new crop $8.39-$9.31.  U.S. 2 soft red winter wheat was 11 cents higher; prices were $4.08-$4.33 at the feed mills and $4.03 at the elevators; new crop $4.02-$4.61.  Soybean meal, f.o.b. at processing plants, was $342.40 per ton for 48% protein.

 

Feed MillsBladenboro 4.43, —–, 4.33; Candor 4.43, —–, —-; Cofield 4.12, 8.94, —-; Laurinburg 4.43, —–, 4.33; Monroe 4.43, —–, —-; Nashville 4.62, —–, —-; Roaring River 4.48, —–, —-; Rose Hill 4.43, —–, 4.33; Creswell 4.18, —–, 4.08; Statesville 4.14, —–, —-; Warsaw 4.43, —–, 4.33; Pantego #2 —-, —–, —-.

 

Elevators: Bladenboro 4.13, 8.56, 4.03; Clarkton 4.04, 8.59, 4.03; Clement —-, —–, —-; Clinton 4.13, 8.51, 4.03; Creswell 3.88, 8.33, —-; Elizabeth City 3.87, 8.79, —-; Lagrange 4.13, 8.46, 4.03; Monroe —-, 8.69, —-; Mount Olive 4.13, 8.46, 4.03; Norwood 4.13, 8.37, —-; Register —-, —–, —-; Warsaw #2 4.38, —–, —-; Wilson —-, 8.39, 4.03.

 

Soybean Processors: Fayetteville, 8.89; Selma, 8.59.