NCDA&CS Market Highlights for Tuesday October 15

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for October 14, 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 1,523 cattle, 56 goats, and 1 sheep were sold.  Compared to last week, slaughter cows were mostly steady to 2.00 lower, while bulls were 1.00 to 2.00 higher.  Feeder steers were mostly 1.00 to 4.00 higher; bulls mostly 1.00 to 3.00 higher; while heifers were unevenly steady.  Demand, market activity, and buyer interest were moderate.  Offerings of cattle were heavy.  Cattle quality was average.  Average dressing slaughter cows brought $47-$59, with high dressing up to $62.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $75-$82.  400-500 lbs. M&L 1-2 feeder steers ranged $123-$141, 500-600 lbs. were $117-$133.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $115-$129, 500-600 lbs. were $112-$120.  M&L 1-2 feeder bulls, 400-500 lbs. were $120-$134, 500-600 lbs. ranged $114-$130.

 

Broiler-Fryers:  The North Carolina broiler-fryer market had no comparison 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 3,546,000 head compared to 3,501,000 head last Monday.

 

Eggs:  The market had no price comparison.  Supplies of large were heavy, medium fairly heavy, and extra large mostly moderate.  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 90.35, Large 87.11, Medium 68.39, and Small 46.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 64.38 cents per pound; the U.S. average is 61.02 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was steady when compared to last report.  Prices ranged $4.28-$5.07 at feed mills and $4.13-$4.67 at elevators; new crop $4.07.  U.S. 1 yellow soybeans were 4 to 5 cents higher.  Prices were $9.56 at the processors and ranged $8.90-$9.15 at the elevators; new crop $8.74-$9.21.  U.S. 2 soft red winter had no price comparison; prices were $4.47-$4.66 at the elevators; new crop $4.96-$5.06.  Soybean meal, f.o.b. at processing plants, was $345.90 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.67, —–, —-; Candor 4.88, —–, —-; Cofield 4.28,  9.21, —-; Laurinburg 4.82, —–, —-; Monroe 4.97, —–, —-; Nashville 1 5.07, —–, —-;

Nashville 2 4.53, —–, —–; Roaring River 5.02, —–, —-; Rose Hill 4.72, —–, —-; Creswell 4.32, —–, —-; Statesville 4.47, —–, —-; Warsaw 4.72, —–, —-;

Pantego 2 4.37, —–, —-.

 

Elevators:  Bladenboro 4.42,  9.05, —-; Clarkton 4.47,  9.00, —-; Clement 4.42, —–, 4.47; Clinton 4.47,  8.95, —-; Creswell —-,  8.90, 4.66; Elizabeth City 4.13,  9.01, —-;

Lagrange 4.47,  8.95, —-; Monroe —-,  9.15, —-; Mount Olive 4.47,  8.95, —-;

Norwood 4.63,  8.91, —-; Register 4.62, —–, —-; Warsaw 2 4.67, —–, —-;

Wilson —-,  8.90, —-.

 

Soybean Processors:  Fayetteville, 9.56; Selma, No Bid.

 

Fruit and Vegetable Prices (Shipping Point F.O.B.):  No report was issued on Monday,

October 14, 2019.  The next report will be issued on Tuesday, October 15, 2019.