NCDA&CS Market Highlights for Thursday May 30

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for May 29, 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 430 cattle and 3 goats were sold.  Compared to last week, slaughter cows were mostly 1.00 to 2.00 lower, while bulls were steady to 1.00 higher on a very light test.  Feeder steers were mostly 9.00 to 10.00 lower on a light test; bulls were steady to 1.00 lower against limited comparable head from the previous week; and heifers had too few comparable the previous week to establish an adequate market comparison.  Demand, market activity, and buyer interest were moderate.  Offerings of cattle were heavy for the holiday week.  Cattle quality was plain to average.  Average dressing slaughter cows brought $54-$66, with high dressing up to $75.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $78-$87.  400-500 lbs. M&L 1-2 feeder steers ranged $145-$155, 500-600 lbs. were $132-$141.50.  M&L 1-2 feeder bulls, 400-500 lbs. were $145-$157.50, 500-600 lbs. ranged $137.50-$139.

 

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 3,605,000 head compared to 3,372,000 head last Wednesday.

 

Eggs:  The market was steady on all sizes.  Supplies were 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 71.73, Large 67.59, Medium 60.00, and Small 55.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 65.81 cents per pound; the U.S. average is 63.52 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 2 cents lower when compared to last report.  Prices ranged $4.58-$5.18 at feed mills and $4.31-$4.79 at elevators; new crop $3.95-$5.06.  U.S. 1 yellow soybeans were 16 cents higher.  Prices were not available for the processors and ranged $7.92-$8.57 at the elevators; new crop $8.21-$8.74.  U.S. 2 soft red winter wheat was 2 cents lower prices were $4.53-$5.03 at the feed mills and $4.48-$4.76 at the elevators; new crop $4.53-$4.98.  Soybean meal, f.o.b. at processing plants, was not available.

 

Feed Mills:  Bladenboro 4.88, —–, 5.03; Candor 5.09, —–, —-; Cofield 4.59,  8.59, —-; Laurinburg 4.93, —–, 5.03; Monroe 4.84, —–, —-; Nashville 5.18, —–, —-;

Roaring River 4.94, —–, —-; Rose Hill 4.88, —–, 4.88; Creswell 4.58, —–, 4.53; Statesville 4.68, —–, —-; Warsaw 4.88, —–, 4.83; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 4.58,  8.57, 4.48; Clarkton 4.58,  8.02, 4.48; Clement —-, —–, —-; Clinton 4.58,  8.57, 4.48; Creswell —-, —–, —-; Elizabeth City 4.31,  8.37, 4.76;

Lagrange 4.73,  8.57, 4.48; Monroe —-, —–, —-; Mount Olive 4.58,  8.57, 4.48;

Norwood 4.79,  7.92, —-; Register —-, —–, —-; Warsaw #2 —-, —–, —-;

Wilson —-,  8.02, 4.48.

 

Soybean Processors:  Fayetteville,  N/A; Selma,  N/A.

 

Fruit and Vegetable Prices (Shipping Point F.O.B.)Eastern North Carolina – 2019 Crop Blueberries: Demand good. Market about steady. Many present shipments from previous commitments. Includes palletizing and cooling. Flats 12 1-pint cups with lids medium-large $18-$21 few higher and lower. Strawberries:  Supply fairly light. Demand moderate. Market about steady. Report issued Monday, Wednesday, and Friday.  Few shippers finished for the season. Includes palletizing and cooling. Flats 8 1-pound containers with lids small-medium $13-$14 some $16 occasional higher and lower.