NCDA&CS Market Highlights for Tuesday March 12

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for March 11, 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 963 cattle, 79 goats, and 23 sheep were sold.  Compared to last week, there were too few breaking type slaughter cows to establish an adequate market trend; boning type slaughter cows were 1.00 to 3.00 higher; while slaughter bulls were 1.00 to 8.00 higher.  Feeder cattle were unevenly steady.  Demand, market activity, and buyer interest were moderate.  Offerings of cattle were moderate.  Cattle quality was average.  Average dressing slaughter cows brought $56-$69, with high dressing up to $85.  Slaughter bulls, 1000 lbs. & up, average dressing ranged $84-$87, high dressing ranged $90-$99.  400-500 lbs. M&L 1-2 feeder steers ranged $132-$177, 500-600 lbs. were $141-$150.  M&L 1-2 feeder heifers, 400-500 lbs. were $121-$145, 500-600 lbs. ranged $120-$136.  M&L 1-2 feeder bulls, 400-500 lbs. were $130-$151, 500-600 lbs. ranged $120-$150.

 

Goats:  Receipts and prices for the goat auction in Shelby on Friday, March 08, are not available due to absence of the reporter.  Coverage expected to resume on Friday, March 22.

 

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 3,378,000 head compared to 3,178,000 head last Monday.

 

Eggs:  The market was higher on medium; lower on extra large and large;  and steady on small.  Supplies were moderate to heavy.  Retail demand was moderate.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets, cents per dozen: Extra Large 119.52, Large 116.76, Medium 95.00, and Small 80.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 69.95 cents per pound; the U.S. average is 67.59 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was mostly 2 cents lower when compared to last report.  Prices ranged $4.02-$4.59 at feed mills and $3.77-$4.27 at elevators; new crop $3.75-$4.41. 

U.S. 1 yellow soybeans were mostly 3 to 6 cents lower.  Prices were $8.50-$8.90 at the processors and ranged $8.12-$8.60 at the elevators; new crop $8.29-$9.11.  U.S. 2 soft red winter wheat was mostly 2 cents lower; prices were $3.97-$4.22 at the feed mills and $3.92 at the elevators; new crop $3.82-$4.51.  Soybean meal, f.o.b. at processing plants, was $336.30 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.32, —–, 4.22; Candor 4.32, —–, —-; Cofield 4.04,  8.75, —-; Laurinburg 4.32, —–, 4.22; Monroe 4.32, —–, —-; Nashville 4.59, —–, —-;

Roaring River 4.37, —–, —-; Rose Hill 4.32, —–, 4.22; Creswell 4.02, —–, 3.97; Statesville 4.02, —–, —-; Warsaw 4.32, —–, 4.22; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 4.02,  8.50, 3.92; Clarkton 3.92,  8.37, 3.92; Clement —-, —–, —-; Clinton 4.02,  8.50, 3.92; Creswell 3.77,  8.12, —-; Elizabeth City 3.77,  8.60, —-; Lagrange 4.02,  8.50, 3.92; Monroe —-,  8.50, —-; Mount Olive 4.02,  8.50, 3.92;

Norwood 4.02,  8.15, —-; Register —-, —–, —-; Warsaw #2 4.27, —–, —-;

Wilson —-,  8.37, 3.92.

 

Soybean Processors:  Fayetteville, 8.90; Selma, 8.50.

 

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 $16-$18 some $15 occasional lower, U.S. No. 1 Petite $11-$14 mostly $12-$13, U.S. No. 2 $9-$10 some low as $8 high as $12, No Grade Marks jumbo $10-$11 some low as $8 high as $12.