NC Cash Grains Follow Futures Lower
At the 3 weekly livestock auctions held Monday at Canton, Turnersburg and Siler City a total of 2,233 cattle and 15 goats were sold. Compared to the previous sales, slaughter cattle were mostly steady to $6.00 higher. Feeder steers were mostly steady to $8.00 higher. Demand and buyer activity were moderate to good. Offerings of cattle were moderate to heavy while cattle quality varied plain to average.
N.C. Broiler-Fryers: The market is steady and the live supply is adequate to meet the moderate demand. Average weights are desirable to heavy. The estimated slaughter for Tuesday in North Carolina is 3,105,000 head compared to 2,983,000 head last Tuesday.
NC Eggs: The market is higher on Extra Large and Large, steady on the balance. Supplies are moderate. Retail demand is good. Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets: Extra Large 204.57, Large 204.57, Medium 134.86 and Small 84.00.
Cotton: The strict-low-middling one and one sixteenth South East average price is 72.89 cents per pound, the U.S. average is 69.89 cents per pound.
U.S. 2 yellow shelled corn was 2 cents lower when compared to the previous day. Prices ranged $3.71-$4.26 at feed mills and $3.36-$3.91 at elevators. U.S. 1 yellow soybeans were 3 cents lower; prices were $9.73 at the processors and $9.03-$9.53 at the elevators. U.S. 2 soft red winter wheat was mostly 2 cents lower, prices were $3.56-$3.91 at the feed mills and $3.36-$3.71 at the elevators; new crop $3.94-$4.56. Soybean meal, f.o.b. at processing plants, was $355.80 per ton for 48% protein.
Feed Mills: Cofield 3.71, 9.58, —-; Laurinburg 3.76, 9.18, 3.56; Nashville 3.88, —–, —-; Roaring River 4.26, —–, —-;
Elevators: Bladenboro 3.36, 9.33, 3.36; Clarkton 3.36, 9.33, 3.36; Clement 3.56, 9.26, 3.71; Clinton 3.36, 9.28, 3.36; Wilson 3.36, 9.28, 3.36.