NCDA&CS Market highlights for Thursday January 10

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

The following is a summary of market prices and conditions of North Carolina farm products for January 09, 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 787 cattle were sold. No trends available due to the market being closed the previous two weeks for the holidays. Demand was good; market activity and buyer interest were moderate. Offerings of cattle were heavy. Cattle quality was plain to average. Average dressing slaughter cows brought $44-$55, with high dressing up to $85. Average dressing slaughter bulls, 1000 lbs. & up, sold were $69-$79. 400-
500 lbs. M&L 1-2 feeder steers ranged $150-$155, 500-600 lbs. were $127-$140. M&L 1-2 feeder heifers, 400-500 lbs. were $116-$132.50, 500-600 lbs. ranged $115-$129. M&L 1-2 feeder bulls, 400-500 lbs. were $141-$156, 500-600 lbs. ranged $125-$144.

Video Auction: At the Southeast Livestock Exchange video auction on Tuesday, January 08, an estimated 1,049 cattle were sold. All lots are current delivery unless noted otherwise. Steers: Medium and Large 1 775 lbs. $142, 800 lbs. $139; Medium and Large 1-2 785 lbs. $138.25,
825 lbs. $139 (Feb), 808 lbs. $140.23, 900 lbs. $135.50; Medium 1-2 875 lbs. $135.25 (Feb),
850 lbs. $135. Heifers: Medium and Large 1 780 lbs. $131; Medium and Large 1-2 775 lbs. $129.25, 725 lbs. $132 (Feb), 812 lbs. $128.38; Medium 1-2 725 lbs. $133.

At the Mid Atlantic Cattle video auction on Wednesday, January 09, an estimated 1,151 cattle were sold. Lots are current delivery unless noted otherwise. Steers: Medium 1 760 lbs. $145.50 (split loads); Medium 1-2 600 lbs. $152.75, 750 lbs. $145, 750 lbs. $138 (split loads), 825 lbs. $139.50 (Feb), 861 lbs. $141.31, 829 lbs. $153.33 (value added); Small and Medium 1-2 470 lbs. $158 (value added), 680 lbs. $143 (split loads). Heifers: Medium 1 710 lbs. $139.50 (split loads),
720 lbs. $138.75 (value added), 800 lbs. $140 (value added); Medium and Large 1-2 775 lbs. $131; Medium 1-2 750 lbs. $131, 720 lbs. $132 (split loads); Small and Medium 1-2 480 lbs. $148 (value added), 670 lbs. $135 (split loads).

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 3,252,000 head compared to 3,136,000 head last Wednesday.

Eggs: The market was steady on small, lower on the balance. Supplies were mostly heavy. Retail demand was moderate to light. Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets, cents per dozen: Extra Large 135.33, Large 131.58, Medium 73.52, and Small 62.00.

Cotton: The strict-low middling one and one sixteenth Southeast average price is 71.13 cents per pound; the U.S. average is 68.70 cents per pound.

Grain: U.S. 2 yellow shelled corn was mostly 2 cents higher when compared to last report. Prices ranged $4.17-$4.82 at feed mills and $3.97-$4.22 at elevators; new crop $4.02-$4.59.
U.S. 1 yellow soybeans were mostly 5 to 6 cents higher. Prices were $8.89-$9.14 at the processors and ranged $8.43-$8.99 at the elevators; new crop $9.48. U.S. 2 soft red winter wheat was mostly 2 cents higher; prices were $3.92-$4.42 at the feed mills and $4.07-$4.22 at the elevators; new crop $4.22-$4.96. Soybean meal, f.o.b. at processing plants, was $358.40 per ton for 48% protein.

Feed Mills: Bladenboro 4.47, —–, 4.42; Candor 4.57, —–, —-; Cofield 4.25, 9.09, —-; Laurinburg 4.52, —–, 4.42; Monroe 4.57, —–, —-; Nashville 4.82, —–, —-;
Roaring River 4.72, —–, —-; Rose Hill 4.47, —–, 4.42; Creswell 4.17, 8.64, 3.92; Statesville 4.32, —–, —-; Warsaw 4.47, —–, 4.42; Pantego #2 —-, —–, —-.

Elevators: Bladenboro 4.22, 8.69, 4.17; Clarkton 4.22, 8.69, 4.17; Clement —-, 8.43, —-; Clinton 4.17, 8.69, 4.22; Creswell 3.97, 8.60, —-; Elizabeth City 4.02, 8.99, —-;
Lagrange 4.22, 8.69, 4.12; Monroe —-, 8.84, —-; Mount Olive 4.22, 8.69, 4.12;
Norwood 4.22, 8.49, —-; Register —-, 8.51, —-; Warsaw #2 4.22, 8.46, —-;
Wilson —-, 8.44, 4.07.

Soybean Processors: Fayetteville, 9.14; Selma, 8.89.