NCDA&CS Market highlights for Wednesday January 9

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for January 08, 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 weekly livestock auctions held Monday, January 7, in Canton, Siler City, and Turnersburg a total of 1,628 cattle, 1 hog, 73 goats, and 36 sheep were sold.  Due to lack of sales for the previous two weeks, there were no available price comparisons.  Demand was mostly moderate with moderate market activity and buyer interest.  Offerings of cattle were moderate to light.  Cattle quality was plain to average.  Average dressing slaughter cows brought $43-$65, with high dressing up to $79.  Average dressing slaughter bulls, 1000 lbs. & up, sold were $59-$98, high dressing ranged $75-$93.  400-500 lbs. M&L 1-2 feeder steers ranged $125-$156, 500-600 lbs. were $124-$149.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $114-$144, 500-600 lbs. were $110-$142.  M&L 1-2 feeder bulls, 400-500 lbs. were $112-$151, 500-600 lbs. ranged $120-$142.

 

Broiler-Fryers:  The North Carolina broiler-fryer market was steady, and the live supply was adequate to meet the moderate demand.  Average weights were heavy.  The estimated slaughter for Tuesday in North Carolina was 3,126,000 head compared to 616,000 head last Tuesday.

 

Eggs:  The market was lower on all sizes.  Supplies were mostly heavy.  Retail demand was moderate to light.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets, cents per dozen: Extra Large 136.27, Large 133.00, Medium 75.35, and Small 62.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 69.67 cents per pound; the U.S. average is 67.24 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 2 cents lower when compared to the previous report.  Prices ranged $4.15-$4.80 at feed mills and $3.95-$4.20 at elevators; new crop $4.03-$4.57.  U.S. 1 yellow soybeans were 5 to 6 cents lower.  Prices were $8.83-$9.08 at the processors and ranged $8.38-$8.94 at the elevators; new crop $9.43.  U.S. 2 soft red winter wheat was 2 cents lower; prices were $3.90-$4.40 at the feed mills and $4.05-$4.20 at the elevators; new crop $4.23-$4.94.  Soybean meal, f.o.b. at processing plants, was $356.60 per ton for 48% protein.

 

Feed MillsBladenboro 4.50, —–, 4.40; Candor 4.55, —–, —-; Cofield 4.23, 9.04, —-; Laurinburg 4.50, —–, 4.40; Monroe 4.55, —–, —-; Nashville 4.80, —–, —-; Roaring River 4.70, —–, —-; Rose Hill 4.45, —–, 4.40; Creswell 4.15, 8.58, 3.90; Statesville 4.30, —–, —-; Warsaw 4.45, —–, 4.40; Pantego #2 —-, —–, —-.

 

Elevators: Bladenboro 4.20, 8.63, 4.15; Clarkton 4.20, 8.63, 4.15; Clement —-, 8.46, —-; Clinton 4.15, 8.63, 4.20; Creswell 3.95, 8.54, —-; Elizabeth City 4.00, 8.94, —-; Lagrange 4.20, 8.63, 4.10; Monroe —-, 8.79, —-; Mount Olive 4.20, 8.63, 4.10; Norwood 4.20, 8.44, —-; Register —-, 8.46, —-; Warsaw #2 4.20, 8.41, —-; Wilson —-, 8.38, 4.05.

 

Soybean Processors: Fayetteville, 9.08; Selma, 8.83.