NCDA&CS Market Highlights for Wednesday May 29

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for May 28, 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 in Siler City and Turnersburg a total of 699 cattle, 26 goats, and 19 sheep were sold; the livestock auction usually held in Canton was closed in observance of the Memorial Day holiday.  Compared to last week, slaughter cows were mostly 1.00 to 3.00 lower and bulls were 3.00 to 7.00 lower on a light test.  Feeder steers and bulls were mostly 1.00 to 2.00 higher on a light test; while heifers were mostly 2.00 to 3.00 lower on a very light test.  Demand, market activity, and buyer interest were moderate.  Offerings of cattle were mostly moderate.  Cattle quality was plain to average.  Average dressing slaughter cows brought $54-$66, with high dressing up to $78.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $64-$89, with high dressing ranging $91-$98.  400-500 lbs. M&L 1-2 feeder steers ranged $136-$158, 500-600 lbs. were $141.  M&L 1-2 feeder heifers, 400-500 lbs. were $120-$128, 500-600 lbs. ranged $124-$133.  M&L 1-2 feeder bulls, 400-500 lbs. were $130-$147, 500-600 lbs. ranged $118-$139.

 

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 3,595,000 head compared to 3,361,000 head last Tuesday.

 

Eggs:  The market had no price comparison.  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 71.73, Large 67.59, Medium 60.00, and Small 55.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 66.22 cents per pound; the U.S. average is 63.93 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 16 cents higher when compared to last report.  Prices ranged $4.60-$4.96 at feed mills and $4.32-$4.75 at elevators; new crop $3.97-$4.97.  U.S. 1 yellow soybeans were 26 to 27 cents higher.  Prices were $8.41-$8.81 at the processors and ranged $8.02-$8.41 at the elevators; new crop $7.84-$8.68.  U.S. 2 soft red winter wheat was 16 cents higher prices were $4.55-$5.05 at the feed mills and $4.50-$4.85 at the elevators; new crop $4.53-$5.00.  Soybean meal, f.o.b. at processing plants, was $347.80 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.90, —–, 5.05; Candor —-, —–, —-; Cofield 4.60,  8.43, —-; Laurinburg 4.95, —–, 5.05; Monroe 4.86, —–, —-; Nashville —-, —–, —-;

Roaring River 4.96, —–, —-; Rose Hill 4.90, —–, 4.90; Creswell 4.60, —–, 4.55; Statesville 4.70, —–, —-; Warsaw 4.90, —–, 4.85; Pantego #2 —-, —–, —-.

 

Elevators: Bladenboro 4.60,  8.41, 4.50; Clarkton 4.60,  8.02, 4.50; Clement —-, —–, —-; Clinton 4.60,  8.41, 4.50; Creswell —-, —–, —-; Elizabeth City 4.32,  8.21, 4.85;

Lagrange 4.75,  8.41, 4.50; Monroe —-, —–, —-; Mount Olive 4.60,  8.41, 4.50;

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

Wilson —-,  8.02, 4.50.

 

Soybean Processors: Fayetteville, 8.81; Selma, 8.41.

Fruit and Vegetable Prices (Shipping Point F.O.B.)Eastern North Carolina – 2018 Crop Sweet Potatoes:  Demand moderate.  40 pound cartons Orange Types U.S. No. 1 $16-$18 some low as $15 high as $22 occasional lower, U.S. No. 1 Petite $11-$14 mostly $12-$13 some $16, U.S. No. 2 $9-$10 some low as $8 high as $14, No Grade Marks jumbo $10-$12 some low as $8 high as $14 few higher.  2019 Crop Blueberries:  Demand good.  Many present shipments from previous commitments.  Includes palletizing and cooling.  Flats 12 1-pint cups with lids medium-large $18-$21 some $22 few lower occasional higher.  Strawberries:  Supply fairly light.  Demand moderate.  Includes palletizing and cooling.  Flats 8 1-pound containers with lids small-medium $13-$14 few higher.