NCDA&CS Market Highlights for Tuesday June 25

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for June 24, 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 1,004 cattle, 137 goats, and 50 sheep were sold.  Compared to last week, slaughter cows were mostly 1.00 to 2.00 lower; while bulls had too few comparable head the previous week to establish an adequate market comparison.  Feeder steers were mostly steady to 2.00 lower; bulls were unevenly steady, mostly 1.00 lower to 1.00 higher; and heifers were unevenly steady as well, mostly 4.00 lower to 4.00 higher.  Demand, market activity, and buyer interest were moderate.  Offerings of cattle were fairly heavy.  Cattle quality was average.  Average dressing slaughter cows brought $50-$66, with high dressing up to $70.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $86-$90, with high dressing ranging $98-$101.  400-500 lbs. M&L 1-2 feeder steers ranged $130-$141, 500-600 lbs. were $126-$137.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $119-$140, 500-600 lbs. were $115-$125.  M&L 1-2 feeder bulls, 400-500 lbs. were $119-$139, 500-600 lbs. ranged $115-$131.

 

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 Monday in North Carolina was 3,632,000 head compared to 3,294,000 head last Monday.

 

Eggs:  The market was steady on all sizes.  Supplies were moderate, overall.  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 96.07, Large 90.55, Medium 60.00, and Small 55.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 62.36 cents per pound; the U.S. average is 59.65 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was mostly 4 to 5 cents higher when compared to last report.  Prices ranged $4.87-$5.57 at feed mills and $4.62-$5.26 at elevators; new crop $4.67-$5.47. 

U.S. 1 yellow soybeans were 6 to 7 cents higher.  Prices were $9.04-$9.34 at the processors and ranged $7.87-$8.79 at the elevators; new crop $8.44-$9.08.  U.S. 2 soft red winter wheat was

5 cents higher, prices were $4.82-$5.32 at the feed mills and $5.07-$5.68 at the elevators; new crop $4.82-$5.32.  Soybean meal, f.o.b. at processing plants, was $352.60 per ton for 48% protein.

 

Feed Mills:  Bladenboro 5.22, —–, 5.27; Candor 5.57, —–, —-; Cofield 4.89,  8.99, —-; Laurinburg 5.57, —–, 5.32; Monroe 5.36, —–, —-; Nashville —-, —–, —-;

Roaring River 5.51, —–, —-; Rose Hill 5.17, —–, 5.27; Creswell 4.87, —–, 4.82; Statesville 4.96, —–, —-; Warsaw 5.17, —–, 5.27; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 4.87,  8.79, 5.07; Clarkton 4.87,  7.87, 5.07; Clement —-, —–, —-; Clinton 4.87,  8.79, 5.07; Creswell —-, —–, —-; Elizabeth City 4.62,  8.77, 5.23;

Lagrange 5.02,  8.79, 5.07; Monroe —-, —–, 5.68; Mount Olive 4.87,  8.79, 5.07;

Norwood 5.17,  8.29, 5.23; Register —-, —–, —-; Warsaw #2 5.26, —–, —-;

Wilson —-,  7.87, 5.07.

 

Soybean Processors:  Fayetteville, 9.34; Selma, 9.04.

 

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 $16-$18 some low as $15 high as $22 occasional lower, U.S. No. 1 Petite $11-$15 mostly $12-$13, U.S. No. 2 $9-$10 some low as $8 high as $14, No Grade Marks jumbo $10-$12 some low as $8 high as $14 few higher.  2019 Crop Blueberries:  Demand moderate.  Market about steady.  Many present shipments from previous commitments.  Some shippers are finished for the season, while others experiencing a production gap waiting for rabbiteye varieties.  Includes palletizing and cooling.  Flats 12 1-pint cups with lids medium-large $18-$20 some $15 few $12-$15.  Cabbage:  Demand moderate.  Market slightly higher.  50 pound cartons Round Green Type medium $10-$14 occasional higher.  Peppers, Bell Type:  Demand good at slightly lower prices.  Market slightly lower.  1 1/9 bushel cartons Green jumbo $18-$20 mostly $18; extra large fair quality $12-$14 mostly $14.  Elizabeth City District North Carolina 2019 Season Potatoes-Chipper:  Demand moderate.  Market about steady.  Round White Atlantic 85% or Better U.S. One per hundredweight per hundredweight contract 1 5/8″ minimum $10.42-$12.05.