NCDA&CS Market Highlights for Tuesday February 5

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for February 04, 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 Friday, February 1, in Siler City a total of 678 cattle, 37 goats, and 16 sheep were sold.  Compared to last week, slaughter cows were steady to 3.00 higher; slaughter bulls were 6.00 higher.  Feeder steers and bulls were mostly steady to 6.00 higher; heifers were mostly 1.00 to 2.00 lower.  Demand, market activity, and buyer interest were moderate.  Offerings of cattle were moderate.  Cattle quality was average.  Average dressing slaughter cows brought $48-$57, with high dressing up to $69.  Average dressing slaughter bulls, 1000 lbs. & up, sold were $74-$80; with high dressing ranging $81-$99.  400-500 lbs. M&L 1-2 feeder steers ranged $130-$156, 500-600 lbs. were $137-$153.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $119-$124, 500-600 lbs. were $114-$129.  M&L 1-2 feeder bulls, 400-500 lbs. were $127-$139, 500-600 lbs. ranged $121-$146.

 

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 heavy.  The estimated slaughter for Monday in North Carolina was 3,231,000 head compared to 3,191,000 head last Monday.

 

Eggs:  The market was steady on small, higher on the balance.  Supplies were moderate.  Retail demand was moderate to good.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets, cents per dozen: Extra Large 153.60, Large 152.22, Medium 115.22, and Small 80.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 70.26 cents per pound; the U.S. average is 68.19 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 1 cent higher when compared to last report.  Prices ranged $4.14-$4.76 at feed mills and $3.94-$4.39 at elevators; new crop $3.98-$4.57.  U.S. 1 yellow soybeans were 1 cent higher.  Prices were $8.78-$9.08 at the processors and ranged $8.44-$8.99 at the elevators; new crop $9.28-$9.43.  U.S. 2 soft red winter wheat was 1 cent higher; prices were $3.89-$4.39 at the feed mills and $4.04-$4.19 at the elevators; new crop $4.18-$4.98.  Soybean meal, f.o.b. at processing plants, was $345.60 per ton for 48% protein.

 

Feed MillsBladenboro 4.49, —–, 4.39; Candor 4.54, —–, —-; Cofield 4.24, 9.09, —-; Laurinburg 4.49, —–, 4.39; Monroe 4.54, —–, —-; Nashville 4.76, —–, —-; Roaring River 4.64, —–, —-; Rose Hill 4.44, —–, 4.39; Creswell 4.14, —–, 3.89; Statesville 4.29, —–, —-; Warsaw 4.44, —–, 4.39; Pantego #2 —-, —–, —-.

 

Elevators: Bladenboro 4.19, —–, 4.14; Clarkton 4.19, 8.63, 4.14; Clement —-, 8.51, —-; Clinton 4.14, 8.63, 4.19; Creswell 3.94, 8.54, —-; Elizabeth City 4.02, 8.99, —-; Lagrange 4.19, 8.63, 4.09; Monroe —-, 8.79, —-; Mount Olive 4.19, 8.63, 4.09; Norwood 4.19, 8.44, —-; Register —-, 8.63, —-; Warsaw #2 4.39, 8.58, —-; Wilson —-, —–, 4.04.

 

Soybean Processors: Fayetteville, 9.08; Selma, 8.78.

 

Fruit and Vegetable Prices (Shipping Point F.O.B.)Eastern North Carolina – 2018 Crop Sweet Potatoes:  demand moderate.  Market about steady. Report issued Monday and Thursday.  40 pound cartons Orange Types U.S. No. 1 15.00-17.00 mostly 16.00-17.00 some high as 18.00 occasional lower, U.S. No. 1 Petite 11.00-14.00 mostly 12.00-13.00, U.S. No. 2 9.00-10.00 mostly 10.00 some 12.00 occasional lower, No Grade Marks jumbo 10.00-11.00 mostly 10.00 few lower occasional higher.