NCDA&CS Market Highlights for Thursday October 17

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for October 16, 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 641 cattle were sold.  Compared to last week, breaking type slaughter cows were 1.00 to 2.00 higher, while boning type were 1.00 to 2.00 lower; and bulls were 2.00 to 3.00 lower.  Feeder cattle were 7.00 to 11.00 higher on a fairly light test.  Demand was light; market activity and buyer interest were moderate.  Offerings of cattle were moderate.  Cattle quality was plain to average.  Average dressing slaughter cows brought $47-$58, with high dressing up to $59.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $73-$85, with high dressing bringing $86.  400-500 lbs. M&L 1-2 feeder steers ranged $131-$138.50, 500-600 lbs. were $131.50-$133.50.  M&L 1-2 feeder heifers, 400-500 lbs. were $122.50-$134, 500-600 lbs. were $135.  M&L 1-2 feeder bulls, 400-500 lbs. were $122-$145, 500-600 lbs. ranged $119-$122.

 

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, some fairly heavy.  The estimated slaughter for Wednesday in North Carolina was 3,323,000 head compared to 3,544,000 head last Wednesday.

 

Eggs:  The market was higher on extra large and medium, steady on the balance.  Supplies of large were heavy, medium fairly heavy, and extra large moderate.  Retail demand was mostly moderate.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets, cents per dozen: Extra Large 90.62, Large 87.11, Medium 68.78, and Small 46.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 65.04 cents per pound; the U.S. average is 61.68 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 2 cents lower when compared to last report.  Prices ranged $4.22-$5.01 at feed mills and $4.07-$4.61 at elevators; new crop $4.01.  U.S. 1 yellow soybeans were 6 cents lower.  Prices were $9.33 at the processors and ranged $8.78-$9.03 at the elevators; new crop $8.63-$9.08.  U.S. 2 soft red winter wheat had no price comparison; prices were $4.47-$4.68 at the elevators; new crop $4.94-$5.05.  Soybean meal, f.o.b. at processing plants, was $339.80 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.61, —–, —-; Candor 4.82, —–, —-; Cofield 4.22,  9.08, —-; Laurinburg 4.76, —–, —-; Monroe 4.91, —–, —-; Nashville 1 5.01, —–, —-;

Nashville 2 4.47, —–, —–; Roaring River 4.96, —–, —-; Rose Hill 4.66, —–, —-; Creswell 4.26, —–, —-; Statesville 4.41, —–, —-; Warsaw 4.66, —–, —-;

Pantego 2 —-, —–, —-.

 

Elevators:  Bladenboro 4.36,  8.93, —-; Clarkton 4.41,  8.88, —-; Clement 4.37, —–, 4.47; Clinton 4.41,  8.83, —-; Creswell —-, —–, 4.68; Elizabeth City 4.07,  8.88, —-;

Lagrange 4.41,  8.83, —-; Monroe —-,  9.03, —-; Mount Olive 4.41,  8.83, —-;

Norwood 4.57,  8.78, —-; Register 4.56, —–, —-; Warsaw 2 4.61, —–, —-;

Wilson —-,  8.78, —-.

 

Soybean Processors:  Fayetteville, 9.33; Selma, No Bid.