NCDA&CS Market Highlights for Thursday February 7

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for February 06, 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, February 05, in Shelby a total of 648 cattle were sold.  Compared to last week, slaughter cows were mostly 1.00 to 3.00 higher; bulls mostly 5.00 higher.  Feeder cattle were mostly 1.00 to 8.00 higher.  Demand was good with active market activity and buyer interest.  Offerings of cattle were moderate.  Cattle quality was plain to average.  Average dressing slaughter cows brought $49-$57, with high dressing up to $65.  Average dressing slaughter bulls, 1000 lbs. & up, sold were $68-$80 with high dressing ranging $81-$93.  400-500 lbs. M&L 1-2 feeder steers ranged $150-$165, 500-600 lbs. were $140-$157.  M&L 1-2 feeder heifers, 400-500 lbs. were $127.50-$139, 500-600 lbs. were $127-$136.  M&L 1-2 feeder bulls, 400-500 lbs. were $146-$168, 500-600 lbs. ranged $137-$146.

 

Video Auction: At the Southeast Livestock Exchange video auction on Tuesday, February 05, an estimated 947 cattle were sold.  All lots are current delivery unless noted otherwise.  Steers: Medium and Large 1-2 780 lbs. $133.25, 823 lbs. $133.06; Medium 1-2 575 lbs. $145.00 (split loads), 633 lbs. $128.18 (split loads).  Heifers: Medium and Large 1-2 665 lbs. $132.00, 727 lbs. $125.51, 810 lbs. $124.00; Medium 1-2 575 lbs. $133.00 (split loads), 637 lbs. $128.09 (split loads), 730 lbs. $124.25.

 

Broiler-Fryers:  The North Carolina broiler-fryer market was steady, and the live supply was adequate to meet the moderate demand.  Average weights were heavy.  The estimated slaughter for Wednesday in North Carolina was 3,354,000 head compared to 3,243,000 head last Wednesday.

 

Eggs:  The market was steady on Small, lower on the balance.  Supplies were light to 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 155.24, Large 153.86, Medium 111.69, and Small 80.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 71.16 cents per pound; the U.S. average is 69.09 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was steady when compared to last report.  Prices ranged $4.15-$4.75 at feed mills and $3.95-$4.40 at elevators; new crop $4.00-$4.58.  U.S. 1 yellow soybeans were 1 to 2 cents higher.  Prices were $8.81-$9.11 at the processors and ranged $8.47-$9.02 at the elevators; new crop $9.33-$9.48.  U.S. 2 soft red winter wheat was steady; prices were $3.90-$4.40 at the feed mills and $4.05-$4.20 at the elevators; new crop $4.20-$4.97.  Soybean meal, f.o.b. at processing plants, was $344.00 per ton for 48% protein.

 

Feed MillsBladenboro 4.50, —–, 4.40; Candor 4.55, —–, —-; Cofield 4.25, 9.12, —-; Laurinburg 4.50, —–, 4.40; Monroe 4.55, —–, —-; Nashville 4.75, —–, —-; Roaring River 4.65, —–, —-; Rose Hill 4.45, —–, 4.40; Creswell 4.15, —–, 3.90; Statesville 4.30, —–, —-; Warsaw 4.45, —–, 4.40; Pantego #2 —-, —–, —-.

 

Elevators: Bladenboro 4.20, —–, 4.15; Clarkton 4.20, 8.66, 4.15; Clement —-, 8.54, —-; Clinton 4.15, 8.66, 4.20; Creswell 3.95, 8.57, —-; Elizabeth City 4.03, 9.02, —-; Lagrange 4.20, 8.66, 4.10; Monroe —-, 8.82, —-; Mount Olive 4.20, 8.66, 4.10; Norwood 4.20, 8.47, —-; Register —-, 8.66, —-; Warsaw #2 4.40, 8.61, —-; Wilson —-, —–, 4.05.

 

Soybean Processors: Fayetteville, 9.11; Selma, 8.81.