NCDA&CS Market Highlights for Wednesday April 17

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for April 16, 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 Monday in Canton and Siler City a total of 409 cattle, 23 goats, and 26 sheep were sold.  Turnersburg sold approximately 717 cattle, however prices are not available due to absence of the reporter.  Compared to last week, breaking type slaughter cows were 1.00 to 7.00 lower on a light test; while boning type were steady; and bulls were 7.00 to 10.00 lower on a light test.  Feeder steers were mostly 5.00 to 6.00 higher; heifers were mostly steady to 5.00 higher; while bulls were mostly 6.00 to 10.00 lower.  Demand was moderate to good; market activity and buyer interest were moderate.  Offerings of cattle were moderate to heavy.  Cattle quality was plain to average.  Average dressing slaughter cows brought $49-$59, with high dressing up to $61.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $71-$74.  400-500 lbs. M&L 1-2 feeder steers ranged $148-$164, 500-600 lbs. were $142-$164.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $122-$158, 500-600 lbs. were $125-$133.  M&L 1-2 feeder bulls, 400-500 lbs. were $130-$155, 500-600 lbs. ranged $124-$148.

 

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 Tuesday in North Carolina was 3,242,000 head compared to 3,193,000 head last Tuesday.

 

Eggs:  The market was lower on extra large and large, steady on the balance.  Supplies were 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 96.42, Large 93.39, Medium 69.00, and Small 64.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 75.31 cents per pound; the U.S. average is 73.10 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 3 cents lower when compared to last report.  Prices ranged $4.04-$4.59 at feed mills and $3.77-$4.29 at elevators; new crop $3.78-$4.42.  U.S. 1 yellow soybeans were 10 to 11 cents lower.  Prices were $8.48-$9.03 at the processors and ranged $8.53-$8.68 at the elevators; new crop $8.22-$9.06.  U.S. 2 soft red winter wheat was 3 cents lower prices were $4.02-$4.29 at the feed mills and $3.89 at the elevators; new crop $3.98-$4.47.  Soybean meal, f.o.b. at processing plants, was $341.50 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.34, —–, 4.19; Candor 4.29, —–, —-; Cofield 4.04,  8.78, —-; Laurinburg 4.24, —–, 4.29; Monroe 4.33, —–, —-; Nashville 4.59, —–, —-;

Roaring River 4.47, —–, —-; Rose Hill 4.29, —–, 4.24; Creswell 4.17, —–, 4.02; Statesville 4.09, —–, —-; Warsaw 4.29, —–, 4.24; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 3.99,  8.68, 3.89; Clarkton 3.99,  8.58, 3.89; Clement —-, —–, —-; Clinton 3.99,  8.58, 3.89; Creswell —-, —–, —-; Elizabeth City 3.77,  8.63, —-;

Lagrange 4.14,  8.53, 3.89; Monroe —-, —–, —-; Mount Olive 3.99,  8.53, 3.89;

Norwood —-, —–, —-; Register —-, —–, —-; Warsaw #2 4.29, —–, —-;

Wilson —-,  8.53, 3.89.

 

Soybean Processors:  Fayetteville, 9.03; Selma, 8.48.