NCDA&CS Market Highlights for Tuesday January 8

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for January 07, 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 in Siler City a total of 335 cattle, 110 goats, and 38 sheep were sold.  Compared to last week, breaking type slaughter cows were 3.00 to 4.00 lower, while boning type were 2.00 to 3.00 higher; slaughter bulls were 3.00 to 4.00 lower.  Feeder cattle were mostly 2.00 to 6.00 higher, some up to 11.00 higher on a light test.  Demand, market activity, and buyer interest were moderate.  Offerings of cattle were light.  Cattle quality was average.  Average dressing slaughter cows brought $50-$59, with high dressing up to $64.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $66-$76, with high dressing $82.  400-500 lbs. M&L 1-2 feeder steers ranged $131-$141, 500-600 lbs. were $135-$139.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $118-$128, 500-600 lbs. were $115-$122.  M&L 1-2 feeder bulls, 400-500 lbs. were $122-$130, 500-600 lbs. ranged $120-$135.

 

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 Monday in North Carolina was 3,219,000 head compared to 2,216,000 head last Monday.

 

Eggs:  The market was lower on all sizes.  Supplies were mostly heavy.  Retail demand was moderate to light.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets, cents per dozen: Extra Large 139.51, Large 136.71, Medium 77.17, and Small 63.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 70.75 cents per pound; the U.S. average is 68.32 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was mostly 1 cent lower when compared to last report.  Prices ranged $4.17-$4.82 at feed mills and $3.97-$4.22 at elevators; new crop $4.03-$4.58. 

U.S. 1 yellow soybeans were mostly 3 cents higher.  Prices were $8.89-$9.14 at the processors and ranged $8.44-$8.99 at the elevators; new crop $9.45.  U.S. 2 soft red winter wheat was mostly 1 cent lower; prices were $3.92-$4.42 at the feed mills and $4.07-$4.22 at the elevators; new crop $4.23-$4.92.  Soybean meal, f.o.b. at processing plants, was $357.20 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.52, —–, 4.42; Candor 4.57, —–, —-; Cofield 4.25, 9.09, —-; Laurinburg 4.52, —–, 4.42; Monroe 4.57, —–, —-; Nashville 4.82, —–, —-;

Roaring River 4.72, —–, —-; Rose Hill 4.47, —–, 4.42; Creswell 4.17, 8.64, 3.92; Statesville 4.32, —–, —-; Warsaw 4.47, —–, 4.42; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 4.22, 8.69, 4.17; Clarkton 4.22, 8.69, 4.17; Clement —-, 8.47, —-; Clinton 4.17, 8.69, 4.22; Creswell 3.97, 8.60, —-; Elizabeth City 4.02, 8.99, —-;

Lagrange 4.22, 8.69, 4.12; Monroe —-, 8.84, —-; Mount Olive 4.22, 8.69, 4.12;

Norwood 4.22, 8.49, —-; Register —-, 8.52, —-; Warsaw #2 4.22, 8.47, —-;

Wilson —-, 8.44, 4.07.

 

Soybean Processors:  Fayetteville, 9.14; Selma, 8.89.

 

Fruit and Vegetable Prices (Shipping Point F.O.B.)Eastern North Carolina – 2018 Crop Sweet Potatoes:  Demand moderate.  Market about steady.  40 pound cartons Orange Types U.S. No. 1 $15-$17 some $18 occasional lower, U.S. No. 1 Petite $11-$14 mostly $12-$13 few lower, U.S. No. 2 $8-$10 mostly $10 occasional higher, No Grade Marks jumbo $10-$11 occasional higher and lower.