NC Cash Grains get Boost from Futures

Cattle:  At the livestock auction held Friday in Siler City a total of 1,192 cattle and 123 goats were sold.  Compared to last week, slaughter cows were mostly 3.00 lower; while slaughter bulls were 3.00 to 9.00 higher.  Offerings of cattle were moderate.  Cattle quality was average.  Average dressing slaughter cows brought $105-$119, with high dressing up to $132.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $134-$141, high dressing ranged $143-$159.50. 

Broiler-Fryers:  The North Carolina broiler-fryer market was steady and the live supply was adequate to meet the moderate demand.  Average weights were desirable to heavy.  The estimated slaughter for Monday in North Carolina was 2,706,000 head compared to 2,908,000 head last Monday.

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 62.52 cents per pound; the U.S. average is 60.59 cents per pound.

Grain:  U.S. 2 yellow shelled corn was mostly 3 to 4 cents higher when compared to last report.  Prices ranged $4.44-$4.74 at feed mills and $4.25-$4.69 at elevators; new crop $4.18-$4.88.  U.S. 1 yellow soybeans were mostly steady to 1 cent higher; prices were $9.87-$9.92 at the processors and ranged $9.32-$9.73 at the elevators; new crop $9.09-$9.49.  U.S. 2 soft red winter wheat was mostly 3 cents higher; prices were $4.54-$5.59 at the feed mills; new crop $4.53-$4.82.  Soybean meal, f.o.b. at processing plants, was $423.20 per ton for 48% protein.