SE Cotton Back Above 70 Cents

At the livestock auction held Thursday at Smithfield a total of 598 cattle and no goats were sold. Slaughter cattle were steady to $5.00 higher when compared to the previous sale.

Broiler-fryers: The market tone is steady and the live supply is adequate to meet the moderate demand. Average weights are desirable to heavy. The estimated slaughter for Friday and Saturday in North Carolina is 3,598,000 head compared to 3,248,000 head last Friday and Saturday.

The N.C. egg market is higher on Extra Large and Large, steady on the balance.  Supplies are mostly light.  Retail demand is good.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets: Extra Large 172.88, Large 172.27, Medium 128.17, and Small 84.00.

Apples:  demand fairly good.  Market about steady.  All grades U.S. Extra Fancy.   Cartons 12 3-pound film bags Red Delicious 20.90-24.00; Golden Delicious 22.00-24.00.

Cotton:  The strict-low-middling one and one sixteenth South East average price is 70.10 cents per pound, the U.S. average is 67.57 cents per pound.

U.S. 2 yellow shelled corn was 7 cents higher when compared to last report.  Prices ranged $3.78-$4.33 at feed mills and $3.43-$3.83 at elevators.  U.S. 1 yellow soybeans were 18 cents higher; prices were $9.70 at the processors and $9.11-$9.54 at the elevators.  U.S. 2 soft red winter wheat was mostly 7 cents higher, prices were $3.63-$3.98 at the feed mills and $3.43-$3.73 at the elevators; new crop $4.07-$4.58.  Soybean meal, f.o.b. at processing plants, was $348.20 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.