NCDA&CS Market Highlights for Tuesday June 4

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for June 03, 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 816 cattle, 76 goats, and 43 sheep were sold.  Compared to last week, slaughter cows were 7.00 to 8.00 higher; and bulls were 3.00 to 4.00 higher on a light test.  Feeder steers were mostly steady to 3.00 lower with some 7.00 to 8.00 higher; heifers mostly 1.00 to 2.00 higher with some sharply lower; and bulls were mixed, mostly 3.00 lower to 1.00 higher.  Demand, market activity, and buyer interest were moderate.  Offerings of cattle were mostly moderate.  Cattle quality was average.  Average dressing slaughter cows brought $50-$68, with high dressing up to $83.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $89-$91.  400-500 lbs. M&L 1-2 feeder steers ranged $130-$153, 500-600 lbs. were $120-$144.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $120-$130, 500-600 lbs. were $114-$125.  M&L 1-2 feeder bulls, 400-500 lbs. were $127-$135, 500-600 lbs. ranged $121-$134.

 

Goats:  At the goat auction in Shelby on Friday, May 31, a total of 206 goats and 70 sheep were sold.  All prices are quoted per head.  Slaughter and Replacement Classes, Selection 1 and 2 – Kids: 20-80 lbs. $45-$180; Yearlings 60-120 lbs. $100-$125; Does/Nannies: 50-100 lbs. $55-$142.50, 100-140 lbs. $120-$215; Bucks/Billies: 70-100 lbs. $77.50-$110, 100-150 lbs. $127.50-$175.  Slaughter Lambs: Good 20-60 lbs. $65-$87.50, 60-100 lbs. $87.50-$110; Choice and Prime 20-60 lbs. $105-$110, 100-140 lbs. $115-$120.  Ewes: Utility 80-100 lbs. $87.50-$115.

 

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 3,591,000 head compared to 999,000 head last Monday.

 

Eggs:  The market was higher on extra large, steady on the balance.  Supplies of extra large were fairly light, large were moderate, while medium and small were fairly heavy.  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 72.00, Large 67.59, Medium 60.00, and Small 55.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 66.42 cents per pound; the U.S. average is 63.99 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was mostly 3 cents lower when compared to last report.  Prices ranged $4.64-$5.14 at feed mills and $4.36-$4.84 at elevators; new crop $4.45-$5.12. 

U.S. 1 yellow soybeans were mostly 1 cent higher.  Prices were $8.64-$9.04 at the processors and ranged $7.87-$8.49 at the elevators; new crop $8.13-$8.81.  U.S. 2 soft red winter wheat was 27 cents higher prices were $4.59-$5.04 at the feed mills and $4.84-$5.50 at the elevators; new crop $4.59-$5.05.  Soybean meal, f.o.b. at processing plants, was $355.50 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.99, —–, 5.04; Candor 5.14, —–, —-; Cofield 4.64,  8.66, —-; Laurinburg 5.04, —–, 5.04; Monroe 4.99, —–, —-; Nashville —-, —–, —-;

Roaring River 5.14, —–, —-; Rose Hill 4.94, —–, 5.04; Creswell 4.64, —–, 4.59; Statesville 4.74, —–, —-; Warsaw 4.94, —–, 5.04; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 4.64,  8.39, 4.84; Clarkton 4.64,  7.87, 4.84; Clement —-, —–, —-; Clinton 4.64,  8.49, 4.84; Creswell —-, —–, —-; Elizabeth City 4.36,  8.44, 5.05;

Lagrange 4.79,  8.49, 4.84; Monroe —-, —–, 5.50; Mount Olive 4.64,  8.49, 4.84;

Norwood 4.84,  7.99, —-; Register —-, —–, —-; Warsaw #2 —-, —–, —-;

Wilson —-,  7.87, 4.84.

 

Soybean Processors:  Fayetteville, 9.04; Selma, 8.64.

 

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 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.  Squash:  Supply moderate.  Demand moderate.  1/2 and 5/9 bushel cartons Zucchini small $8-$10, medium $6-$7; Yellow Straightneck small $12-$14, medium $10-$12 FIRST REPORT.