NC Cash Grains End the Week Steady
At the livestock auction held Thursday at Smithfield a total of 516 cattle and no goats were sold. Slaughter cattle were steady when compared to the previous week. Feeder cattle were mostly steady. Average dressing slaughter cows brought $52.00 to $66.00. Slaughter bulls, 1,000 pounds and up were $73.00 to $80.00.
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 3,706,000 head compared to 3,318,000 head last Friday and Saturday.
The N.C. egg market is steady on all sizes. Supplies are moderate. Retail demand is moderate to good. Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets: Extra Large 106.99, Large 101.26, Medium 83.69, and Small 63.00.
Cotton: The strict-low-middling one and one sixteenth South East average price is 75.85 cents per pound, the U.S. average is 73.04 cents per pound.
U.S. 2 yellow shelled corn was 1 cent lower when compared to last report. Prices ranged $4.12-$4.57 at feed mills and $3.63-$4.37 at elevators; new crop $3.94-$4.73. U.S. 1 yellow soybeans were steady; prices were $10.49 at the processors and ranged $9.87-$10.29 at the elevators; new crop $9.70-$10.30. U.S. 2 soft red winter wheat was 1 cent lower; prices were $4.42 at the feed mills and $4.22 at the elevators; new crop $4.24-$4.56. Soybean meal, f.o.b. at processing plants, was $381.00 per ton for 48% protein.