NCDA&CS Market highlights for Thursday April 11

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for April 10, 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 Tuesday in Shelby a total of 408 cattle were sold.  Compared to last week, slaughter cows were unevenly steady; while bulls were 5.00 to 6.00 higher on a light test.  Feeder steers were mostly steady to 2.00 higher; heifers were 3.00 to 5.00 higher mostly 4.00 higher; and bulls were mostly 1.00 to 2.00 higher.  Demand was good; market activity and buyer interest were active.  Offerings of cattle were mostly moderate.  Cattle quality was plain to average.  Average dressing slaughter cows brought $44-$54, with high dressing up to $59.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $74-$84, with high dressing ranging $87-$88.  400-500 lbs. M&L 1-2 feeder steers ranged $156-$171, 500-600 lbs. were $153-$163.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $139-$150, 500-600 lbs. were $127-$138.  M&L 1-2 feeder bulls, 400-500 lbs. were $150-$163, 500-600 lbs. ranged $140-$160.

 

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 Wednesday in North Carolina was 3,527,000 head compared to 3,300,000 head last Wednesday.

 

Eggs:  The market was lower on extra large and large, steady on the balance.  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 104.62, Large 101.59, Medium 71.61, and Small 66.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 74.37 cents per pound; the U.S. average is 72.16 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was mostly 1 cent higher when compared to last report.  Prices ranged $4.07-$4.64 at feed mills and $3.80-$4.31 at elevators; new crop $4.06-$4.50. 

U.S. 1 yellow soybeans were mostly 3 to 4 cents higher.  Prices were $8.62-$9.17 at the processors and ranged $8.27-$8.82 at the elevators; new crop $8.89-$9.20.  U.S. 2 soft red winter wheat was mostly 1 cent higher prices were $4.05-$4.31 at the feed mills and $3.91-$4.42 at the elevators; new crop $4.05-$4.50.  Soybean meal, f.o.b. at processing plants, was $345.10 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.26, —–, 4.21; Candor 4.32, —–, —-; Cofield 4.07,  8.92, —-; Laurinburg 4.26, —–, 4.31; Monroe 4.36, —–, —-; Nashville 4.64, —–, —-;

Roaring River 4.46, —–, —-; Rose Hill 4.31, —–, 4.26; Creswell 4.10, —–, 4.05; Statesville 4.11, —–, —-; Warsaw 4.31, —–, 4.26; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 4.01,  8.82, 3.91; Clarkton 4.01,  8.72, 3.91; Clement —-, —–, —-; Clinton 4.01,  8.72, 3.91; Creswell 3.86,  8.52, —-; Elizabeth City 3.80,  8.77, 4.42; Lagrange 4.16,  8.67, 3.91; Monroe —-,  8.72, —-; Mount Olive 4.01,  8.67, 3.91;

Norwood 4.02,  8.27, —-; Register —-, —–, —-; Warsaw #2 4.31, —–, —-;

Wilson —-,  8.67, 3.91.

 

Soybean Processors:  Fayetteville, 9.17; Selma, 8.62.