SE Cash Cotton Breaches 71 cents on Rising Futures

Cattle:  At the livestock auction held Friday in Siler City, a total of 1,045 cattle, 95 goats, and 47 sheep were sold.  Compared to last week, breaking type slaughter cows were 11.00 to 12.00 higher and boning type were 6.00 to 8.00 higher; slaughter bulls were 7.00 to 9.00 higher.  Feeder steers were mostly steady to 3.00 lower; heifers were steady to 2.00 lower;

Broiler-Fryers:  The North Carolina broiler-fryer market was steady and the live supply was adequate to meet the moderate demand.  Average weights were desirable to heavy.  The estimated slaughter for Monday in North Carolina was 3,105,000 head compared to 2,918,000 head last Monday.

Eggs:  The market was steady on small, higher on the balance.  Supplies were mostly light.  Retail demand was good.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets: Extra Large 184.04, Large 184.04, Medium 133.47, and Small 84.00.

Broccoli:  Demand moderate.  Market Crown Cut slightly lower, others about steady.  Cartons bunched 14s $14; 20 pound cartons loose Crown Cut $14-$16.

Cabbage:  Supply moderate.  Demand fairly light.  50 pound cartons Round Green Type medium $7-$8.

Sweet Potatoes:  Demand moderate.  Market about steady.  40 pound cartons Orange Types U.S. No. 1 $13-$16, U.S. No. 1 Petite $10-$14, U.S. No. 2 $8-$10, No Grade Marks jumbo $8-$10

Apples:  Demand fairly good.  Market about steady.  Some shippers are finished for the season.  All Grades U.S. Extra Fancy.   Cartons 12 3-pound film bags Red Delicious $20.90-$24; Golden Delicious $22-$24.

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 71.60 cents per pound; the U.S. average is 68.79 cents per pound.

Grain:  U.S. 2 yellow shelled corn was mostly 2 cents higher when compared to last report.  Prices ranged $3.80-$4.35 at feed mills and $3.45-$4.00 at elevators.  U.S. 1 yellow soybeans were mostly steady.  Prices were $9.70 at the processors and ranged $9.10-$9.50 at the elevators.  U.S. 2 soft red winter wheat was mostly 2 cents higher; prices were $3.65-$4.00 at the feed mills and $3.45-$3.77 at the elevators; new crop $4.02-$4.59.  Soybean meal, f.o.b. at processing plants, was $349.80 per ton for 48% protein.

 


A native of the Texas Panhandle, Rhonda was born and raised on a cotton farm where she saw cotton farming evolve from ditch irrigation to center pivot irrigation and harvest trailers to modules. After graduating from Texas Tech University, she got her start in radio with KGNC News Talk 710 in Amarillo, Texas.

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