NCDA&CS Market Highlights for Monday May 20

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for May 17, 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 435 cattle were sold.  Compared to last week, slaughter cows were 4.00 to 5.00 higher with limited comparisons; bull had too few comparable head from the previous week to establish an adequate market comparison.  Feeder steers were mostly 4.00 to 5.00 higher; heifers mostly 2.00 to 5.00 higher; and bulls were mostly 1.00 to 2.00 higher.  Demand, market activity, and buyer interest were moderate.  Offerings of cattle were moderate.  Cattle quality was average.  Average dressing slaughter cows brought $50-$62, with high dressing up to $64.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $70-$87.  400-500 lbs. M&L 1-2 feeder steers ranged $139-$159, 500-600 lbs. were $130-$151.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $119-$132, 500-600 lbs. were $120-$124.  M&L 1-2 feeder bulls, 400-500 lbs. were $128-$140, 500-600 lbs. ranged $119-$132.

 

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 4,507,000 head compared to 3,501,000 head last Friday and Saturday.

 

Eggs:  The market was steady on all sizes.  Supplies were moderate.  Retail demand was light to moderate.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets, cents per dozen: Extra Large 75.48, Large 71.77, Medium 63.04, and Small 55.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 62.74 cents per pound; the U.S. average is 60.45 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 4 cents higher when compared to last report.  Prices ranged $4.23-$4.83 at feed mills and $3.95-$4.53 at elevators; new crop $4.03-$4.58.  U.S. 1 yellow soybeans were 18 cents lower.  Prices were $8.07-$8.47 at the processors and ranged $7.42-$8.06 at the elevators; new crop $7.71-$8.32.  U.S. 2 soft red winter wheat was 4 cents higher prices were $4.18-$4.68 at the feed mills and $4.13-$4.45 at the elevators; new crop $4.10-$4.63.  Soybean meal, f.o.b. at processing plants, was $329.30 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.53, —–, 4.68; Candor 4.53, —–, —-; Cofield 4.23,  8.09, —-; Laurinburg 4.58, —–, 4.68; Monroe 4.49, —–, —-; Nashville 4.83, —–, —-;

Roaring River 4.59, —–, —-; Rose Hill 4.53, —–, 4.53; Creswell 4.28, —–, 4.18; Statesville 4.33, —–, —-; Warsaw 4.53, —–, 4.48; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 4.23,  8.06, 4.13; Clarkton 4.23,  8.02, 4.13; Clement —-, —–, —-; Clinton 4.23,  8.06, 4.13; Creswell 4.13,  7.71, —-; Elizabeth City 3.95,  7.87, 4.45; Lagrange 4.38,  8.06, 4.13; Monroe —-, —–, —-; Mount Olive 4.23,  8.06, 4.13;

Norwood 4.23,  7.42, —-; Register —-, —–, —-; Warsaw #2 4.53, —–, —-;

Wilson —-,  8.02, 4.13.

 

Soybean Processors:  Fayetteville, 8.47; Selma, 8.07.

 

Fruit and Vegetable Prices (Shipping Point F.O.B.)Eastern North Carolina – 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 $19-$21 some low as $18 high as $22 occasional lower.  Strawberries:  Demand fairly light.  Market about steady.  Includes palletizing and cooling.  Flats 8 1-pound containers with lids medium-large $11-$14 mostly $13-$14.