NC Cash Beans Rise Alongside Futures
At the livestock auction held Thursday at Smithfield a total of 645 cattle and no goats were sold. Slaughter cattle were $1.00 to $7.00 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 mostly heavy. The estimated slaughter for Friday and Saturday in North Carolina is 3,763,000 head compared to 3,450,000 head last Friday and Saturday.
Cotton: The strict-low-middling one and one sixteenth South East average price is 68.95 cents per pound, the U.S. average is 66.61 cents per pound.
U.S. 2 yellow shelled corn was 2 cents lower when compared to last report. Prices ranged $3.74-$4.26 at feed mills and $3.48-$3.79 at elevators. U.S. 1 yellow soybeans were 4 cents higher; prices were $9.80 at the processors and $9.05-$9.50 at the elevators. U.S. 2 soft red winter wheat was mostly 2 cents lower, prices were $3.68-$3.98 at the feed mills and $3.58-$3.84 at the elevators; new crop $4.14-$4.65. Soybean meal, f.o.b. at processing plants, was $342.10 per ton for 48% protein.