NCDA&CS Market Highlights for Wednesday January 30

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for January 29, 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 auctions held Monday, January 28, in Canton, Siler City, and Turnersburg a total of 1,860 cattle, 28 goats, and 29 sheep were sold.  Compared to last week, slaughter cows were mostly steady to 7.00 higher; while slaughter bulls were 1.00 to 8.00 higher.  Feeder steers were mostly 6.00 higher to 7.00 higher; heifers were mostly 2.00 to 3.00 higher; and feeder bulls were mostly 3.00 to 5.00 higher.  Demand was mostly moderate; market activity and buyer interest were moderate.  Offerings of cattle were mostly moderate.  Cattle quality was plain to average.  Average dressing slaughter cows brought $44-$57, with high dressing up to $69.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $66-$81; with high dressing ranging $80-$87.  400-500 lbs. M&L 1-2 feeder steers ranged $130-$160, 500-600 lbs. were $137-$147.50.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $120-$144, 500-600 lbs. were $115-$128.  M&L 1-2 feeder bulls, 400-500 lbs. were $128-$158, 500-600 lbs. ranged $120-$144.

 

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 heavy.  The estimated slaughter for Tuesday in North Carolina was 3,365,000 head compared to 3,245,000 head last Tuesday.

 

Eggs:  The market was steady on Small, higher on the balance.  Supplies were light.  Retail demand was good.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets, cents per dozen: Extra Large 151.77, Large 149.97, Medium 111.96, and Small 80.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 71.65 cents per pound; the U.S. average is 69.72 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 2 cents lower when compared to last report.  Prices ranged $4.17-$4.74 at feed mills and $3.92-$4.37 at elevators; new crop $4.00-$4.56.  U.S. 1 yellow soybeans were 4 cents lower.  Prices were $8.79-$9.09 at the processors and ranged $8.39-$8.94 at the elevators; new crop $9.28-$9.43.  U.S. 2 soft red winter wheat was 2 cents lower; prices were $3.87-$4.37 at the feed mills and $4.02-$4.17 at the elevators; new crop $4.20-$4.90.  Soybean meal, f.o.b. at processing plants, was $346.80 per ton for 48% protein.

 

Feed MillsBladenboro 4.42, —–, 4.37; Candor 4.52, —–, —-; Cofield 4.20, 9.04, —-; Laurinburg 4.47, —–, 4.37; Monroe 4.52, —–, —-; Nashville 4.74, —–, —-; Roaring River 4.67, —–, —-; Rose Hill 4.42, —–, 4.37; Creswell 4.17, 8.59, 3.87; Statesville 4.27, —–, —-; Warsaw 4.42, —–, 4.37; Pantego #2 —-, —–, —-.

 

Elevators: Bladenboro 4.17, 8.64, 4.12; Clarkton 4.17, 8.64, 4.12; Clement —-, 8.55, —-; Clinton 4.12, 8.64, 4.17; Creswell 3.92, 8.55, —-; Elizabeth City 3.97, 8.94, —-; Lagrange 4.17, 8.64, 4.07; Monroe —-, 8.79, —-; Mount Olive 4.17, 8.64, 4.07; Norwood 4.17, 8.44, —-; Register —-, 8.64, —-; Warsaw #2 4.37, 8.59, —-; Wilson —-, 8.39, 4.02.

 

Soybean Processors: Fayetteville, 9.09; Selma, 8.79.