NCDA&CS Market Highlights for Thursday January 31

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for January 30, 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, January 29, in Shelby a total of 518 cattle and 2 hogs were sold.  Compared to last week, slaughter cows were mostly 2.00 higher; bulls mostly 3.00 to 6.00 higher.  Feeder steers and bulls were mostly .50 to 7.00 lower, while heifers were mostly steady to 3.00 higher.  Demand, market activity, and buyer interest were moderate.  Offerings of cattle were moderate.  Cattle quality was plain to average.  Average dressing slaughter cows brought $47-$56, with high dressing up to $68.  Average dressing slaughter bulls, 1000 lbs. & up, sold were $78; with high dressing ranging $80-$88.  400-500 lbs. M&L 1-2 feeder steers ranged $147-$157, 500-600 lbs. were $139-$147.  M&L 1-2 feeder heifers, 400-500 lbs. were $132-$136.  M&L 1-2 feeder bulls, 400-500 lbs. were $138-$154, 500-600 lbs. ranged $134-$140.

 

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 3,348,000 head compared to 3,245,000 head last Wednesday.

 

Eggs:  The market was steady on Small, higher on the balance.  Supplies were moderate to light.  Retail demand was good.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets, cents per dozen: Extra Large 152.04, Large 150.24, Medium 112.35, and Small 80.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 71.86 cents per pound; the U.S. average is 69.93 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 4 cents higher when compared to last report.  Prices ranged $4.21-$4.78 at feed mills and $3.96-$4.41 at elevators; new crop $3.99-$4.58.  U.S. 1 yellow soybeans were 2 cents higher.  Prices were $8.81-$9.11 at the processors and ranged $8.41-$8.96 at the elevators; new crop $9.30-$9.45.  U.S. 2 soft red winter wheat was 4 cents higher; prices were $3.91-$4.41 at the feed mills and $4.06-$4.21 at the elevators; new crop $4.19-$4.93.  Soybean meal, f.o.b. at processing plants, was $346.10 per ton for 48% protein.

 

Feed MillsBladenboro 4.46, —–, 4.41; Candor 4.56, —–, —-; Cofield 4.24, 9.06, —-; Laurinburg 4.51, —–, 4.41; Monroe 4.56, —–, —-; Nashville 4.78, —–, —-; Roaring River 4.71, —–, —-; Rose Hill 4.46, —–, 4.41; Creswell 4.21, 8.61, 3.91; Statesville 4.31, —–, —-; Warsaw 4.46, —–, 4.41; Pantego #2 —-, —–, —-.

 

Elevators: Bladenboro 4.21, 8.66, 4.16; Clarkton 4.21, 8.66, 4.16; Clement —-, 8.58, —-; Clinton 4.16, 8.66, 4.21; Creswell 3.96, 8.57, —-; Elizabeth City 4.01, 8.96, —-; Lagrange 4.21, 8.66, 4.11; Monroe —-, 8.81, —-; Mount Olive 4.21, 8.66, 4.11; Norwood 4.21, 8.46, —-; Register —-, 8.66, —-; Warsaw #2 4.41, 8.61, —-; Wilson —-, 8.41, 4.06.

 

Soybean Processors: Fayetteville, 9.11; Selma, 8.81.