NCDA&CS Market highlights for Wednesday March 13

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for March 12, 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:  There were 1,260 cattle and 3 goats sold at the weekly livestock auction in Turnersburg on Monday; price information is not available due to absence of the reporter.  At the livestock auctions held in Canton and Siler City a total of 341 cattle, 65 goats, and 38 sheep were sold.  Compared to last week, slaughter cows were unevenly steady; there were too few slaughter bulls to establish an adequate market comparison.  Feeder cattle were mostly 2.00 to 3.00 higher, some sharply higher.  Demand, market activity, and buyer interest varied by location.  Offerings of cattle were light.  Cattle quality was plain to average.  Average dressing slaughter cows brought $50-$69, with high dressing up to $78.  Slaughter bulls, 1000 lbs. & up, average dressing ranged $83-$87, high dressing ranged $90-$101.  400-500 lbs. M&L 1-2 feeder steers ranged $138-$172, 500-600 lbs. were $132.50-$158.  M&L 1-2 feeder heifers, 400-500 lbs. were $124-$144, 500-600 lbs. ranged $123-$136.  M&L 1-2 feeder bulls, 400-500 lbs. were $134-$159, 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 3,404,000 head compared to 3,216,000 head last Tuesday.

 

Eggs:  The market was lower on extra large and large, steady on the balance.  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 116.42, Large 113.66, Medium 95.00, and Small 80.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 71.60 cents per pound; the U.S. average is 69.31 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was mostly 3 cents higher when compared to last report.  Prices ranged $4.05-$4.62 at feed mills and $3.80-$4.30 at elevators; new crop $3.72-$4.46. 

U.S. 1 yellow soybeans were mostly 7 cents higher.  Prices were $8.57-$8.97 at the processors and ranged $8.19-$8.67 at the elevators; new crop $8.25-$9.17.  U.S. 2 soft red winter wheat was mostly 3 cents higher; prices were $4.00-$4.25 at the feed mills and $3.95 at the elevators; new crop $3.92-$4.55.  Soybean meal, f.o.b. at processing plants, was $338.00 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.35, —–, 4.25; Candor 4.36, —–, —-; Cofield 4.08,  8.82, —-; Laurinburg 4.35, —–, 4.25; Monroe 4.35, —–, —-; Nashville 4.62, —–, —-;

Roaring River 4.40, —–, —-; Rose Hill 4.35, —–, 4.25; Creswell 4.05, —–, 4.00; Statesville 4.06, —–, —-; Warsaw 4.35, —–, 4.25; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 4.05,  8.57, 3.95; Clarkton 3.96,  8.44, 3.95; Clement —-, —–, —-; Clinton 4.05,  8.57, 3.95; Creswell 3.80,  8.19, —-; Elizabeth City 3.81,  8.67, —-; Lagrange 4.05,  8.57, 3.95; Monroe —-,  8.57, —-; Mount Olive 4.05,  8.57, 3.95;

Norwood —-, —–, —-; Register —-, —–, —-; Warsaw #2 4.30, —–, —-;

Wilson —-,  8.44, 3.95.

 

Soybean Processors:  Fayetteville, 8.97; Selma, 8.57.