Market Summary: NC Cash Corn Drops with Futures

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At the livestock auction held Tuesday in Mount Airy a total of 654 cattle and 26 goats were sold. Slaughter cows trended steady to 1.50 lower; bulls were 1.50 to 5.00 lower.

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 Wednesday in North Carolina was 2,912,000 head compared to 2,895,000 head last Wednesday.

Fruit and vegetable prices (shipping point f.o.b.):
Apples: Supply Golden Delicious light. Demand moderate. Market about steady. All graded U.S. Extra Fancy
Red Delicious 80s & 88s $18-$26;
Golden Delicious 80s & 88s $22.50-$26,
Rome 80s, 88s &100s $18,

U.S. 2 yellow shelled corn trended mostly two cents lower when compared to last report. Prices ranged $4.20-$4.85 at feed mills and $4.15-$4.80 at elevators. U.S. 1 yellow soybeans trended mostly six to eight cents higher and were $12.96 at processors, and $12.02-$12.87 at elevators. New crop U.S. 2 soft red winter wheat was $5.02-$6.20 at the elevators. Soybean meal, f.o.b. at processing plants, was $486.80 per ton for 48% protein.


About

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.