NCDA&CS Market Highlights for Thursday March 21

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for March 20, 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 878 cattle were sold.  Compared to two weeks ago, breaking type slaughter cows were 3.00 to 4.00 higher, while boning type were steady to 2.00 lower; slaughter bulls were 1.00 to 2.00 higher on a light test.  Feeder steers were unevenly steady; heifers were 1.00 to 3.00 lower on a light test; and bulls were mostly 1.00 to 3.00 lower some sharply lower.  Demand was good at lower prices; market activity and buyer interest were active.  Offerings of cattle were heavy.  Cattle quality was plain to average.  Average dressing slaughter cows brought $52-$63, with high dressing up to $69.  Slaughter bulls, 1000 lbs. & up, average dressing ranged $74-$78, high dressing was $87-$98.  400-500 lbs. M&L 1-2 feeder steers ranged $152-$174, 500-600 lbs. were $143-$163.  M&L 1-2 feeder heifers, 400-500 lbs. were $135-$142.50.  M&L 1-2 feeder bulls, 400-500 lbs. were $145-$160, 500-600 lbs. ranged $135-$147.

 

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 3,349,000 head compared to 3,228,000 head last Wednesday.

 

Eggs:  The market was lower on medium, steady on the balance.  Supplies were mostly 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 115.17, Large 112.42, Medium 93.82, and Small 80.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 72.25 cents per pound; the U.S. average is 69.96 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was mostly steady when compared to last report.  Prices ranged $4.11-$4.67 at feed mills and $3.87-$8.76 at elevators; new crop $3.92-$4.50.  U.S. 1 yellow soybeans were mostly 2 cents higher.  Prices were $8.66-$9.06 at the processors and ranged $8.31-$8.76 at the elevators; new crop $8.38-$9.25.  U.S. 2 soft red winter wheat was mostly steady; prices were $4.06-$4.31 at the feed mills and $4.01 at the elevators; new crop $4.12-$4.61.  Soybean meal, f.o.b. at processing plants, was $346.00 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.41, —–, 4.31; Candor 4.42, —–, —-; Cofield 4.14, 8.91, —-; Laurinburg 4.41, —–, 4.31; Monroe 4.41, —–, —-; Nashville 4.67, —–, —-; Roaring River 4.46, —–, —-; Rose Hill 4.41, —–, 4.31; Creswell 4.11, —–, 4.06; Statesville 4.21, —–, —-; Warsaw 4.41, —–, 4.31; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 4.11, 8.66, 4.01; Clarkton 4.01, 8.49, 4.01; Clement —-, —–, —-; Clinton 4.11, 8.66, 4.01; Creswell 3.91, 8.56, —-; Elizabeth City 3.87, 8.76, —-; Lagrange 4.11, 8.66, 4.01; Monroe 8.76, —–, —-; Mount Olive 4.11, 8.66, 4.01; Norwood 4.12, 8.31, —-; Register —-, —–, —-; Warsaw #2 4.36, —–, —-; Wilson —-, 8.49, 4.01

 

Soybean Processors:  Fayetteville, 9.06; Selma, 8.66.