NCDA&CS Market Highlights for Friday October 4

Posted on Posted in Futures Market Recap, Top Market News, Weekly Cash Market Recaps

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for October 03, 2019 reported by the Federal-State Markets News Service of the North Carolina Department of Agriculture and Consumer Services.  All livestock is state reported.

 

Cattle:  At the livestock auctions held Wednesday in North Wilkesboro and Norwood a total of 1,163 cattle.  Compared to last week, slaughter cows were 1.00 to 4.00 lower and bulls 4.00 to 5.00 lower on a very light test.  Feeder steers were mostly 1.00 to 6.00 lower; bulls were sharply lower; while heifers were mostly 1.00 to 3.00 higher.  Demand was moderate; market activity and buyer interest were light to moderate.  Offerings of cattle were mostly moderate to heavy.  Cattle quality was plain to average.  Average dressing slaughter cows brought $42-$58, with high dressing up to $69.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $66-$78.  400-500 lbs. M&L 1-2 feeder steers ranged $122-$135, 500-600 lbs. were $103-$110.  M&L 1-2 feeder heifers, 400- 500 lbs. ranged $111-$124, 500-600 lbs. were $93-$130.  M&L 1-2 feeder bulls, 400-500 lbs. were $105-$138, 500-600 lbs. ranged $97-$112.

 

Video Auction:  At the Mid Atlantic Cattle video auction on Wednesday, October 02, an estimated 1,782 cattle were sold.  Lots are current delivery unless noted otherwise.  Steers: Medium 1 790 lbs. 145.25 (value added); Medium 1-2 625 lbs. $142.25, 650 lbs. $141 (Dec, split loads), 658 lbs. $139.02 (split loads), 775 lbs. $137.50, 725 lbs. $136.25 (Nov), 700 lbs. $126.50 (split loads), 747 lbs. $144.62 (value added), 725 lbs. $140 (Nov, value added), 800 lbs. $135.25 (Nov), 815 lbs. $140.62 (value added), 850 lbs. $140.25 (Nov, value added).  Heifers: Medium 1-2 542 lbs. $129.52 (split loads), 620 lbs. $132 (Nov), 633 lbs. $134.01, 670 lbs. $139 (value added), 664 lbs. $132.41 (split loads), 745 lbs. $126, 775 lbs. $132.25 (value added), 700 lbs. $135.75 (Nov, value added).

 

Goats:  At the goat auction in Smithfield on Wednesday, October 02, a total of 146 goats and 50 sheep were sold.  All prices are quoted per head.  Slaughter and Replacement Classes, Selection 1 and 2 – Kids: 20-80 lbs. $37.50-$225; Does/Nannies: 50-100 lbs. $122.50-$165; Bucks/Billies: 70-100 lbs. $160, 100-150 lbs. $162.50, 150-250 lbs. $202.50-$210.  Slaughter Lambs: Good 20-60 lbs. $45; Choice and Prime 20-60 lbs. $57.50-$130, 60-100 lbs. $142.50-$200, 100-140 lbs. $275.

 

At the state-graded goat sale in Monroe on Wednesday, October 02, a total of 272 goats and 267 sheep were sold.  All prices are quoted per head.  Slaughter and Replacement Classes, Selection 1 and 2 – Kids: 20-80 lbs. $61-$180; Does/Nannies: 50-100 lbs. $77-$113, 100-140 lbs. $110-$195; Bucks/Billies: 70-100 lbs. $95-$127.50, 100-150 lbs. $100-$165, 150-250 lbs. $192.50-$330.  Slaughter Lambs: Choice and Prime 20-60 lbs. $30-$126, 60-100 lbs. $92.50-$140, 100-140 lbs. $100-$197.50.

 

Broiler-Fryers:  The North Carolina broiler-fryer market was steady and the live supply was adequate to meet the moderate demand.  Average weights were mostly desirable.  The estimated slaughter for Thursday in North Carolina was 3,524,000 head compared to 3,506,000 head last Thursday.

 

Eggs:  The market was steady on all sizes.  Supplies of medium were heavy, others moderate.  Retail demand was moderate.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets, cents per dozen: Extra Large 90.35, Large 87.11, Medium 68.00, and Small 46.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 62.10 cents per pound; the U.S. average is 58.74 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was 1 cent higher when compared to last report.  Prices ranged $4.19-$4.98 at feed mills and $3.88-$4.58 at elevators.  U.S. 1 yellow soybeans were 2 cents lower.  Prices were $9.27 at the processors and ranged $8.62-$9.11 at the elevators; new crop $8.66-$8.87.  U.S. 2 soft red winter wheat had no price comparison; prices were not available by press time.  Soybean meal, f.o.b. at processing plants, was $337.90 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.58, —–, —-; Candor 4.79, —–, —-; Cofield 4.19,  8.87, —-; Laurinburg 4.73, —–, —-; Monroe 4.88, —–, —-; Nashville 1 4.98, —–, —-;

Nashville 2 4.44, —–, —-; Roaring River 4.98, —–, —-; Rose Hill 4.63, —–, —-; Creswell 4.23, —–, —-; Statesville 4.38, —–, —-; Warsaw 4.63, —–, —-;

Pantego 2 4.28, —–, —-.

 

Elevators:  Bladenboro 4.33,  8.71, —-; Clarkton 4.38,  8.71, —-; Clement —-, —–, —-; Clinton 4.38,  8.66, —-; Creswell —-, —–, —-; Elizabeth City 4.04,  8.72, —-;

Lagrange 4.38,  8.66, —-; Monroe —-, —–, —-; Mount Olive 4.38,  8.66, —-;

Norwood 4.54,  8.62, —-; Register 3.88,  9.11, —-; Warsaw 2 4.58, —–, —-;

Wilson —-,  8.66, —-.

 

Soybean Processors:  Fayetteville, 9.27; Selma, No Bid.

 

Fruit and Vegetable Prices (Shipping Point F.O.B.):  Eastern North Carolina – 2019 Crop Sweet Potatoes:  Supply fairly light.  Demand moderate.  Market about steady.  40 pound cartons Orange Types U.S. No. 1 $20-$23 some $18 few lower occasional higher, U.S. No. 1 Petite $15-$19 some low as $12 occasional higher, U.S. No. 2 $11-$14 few lower occasional higher, No Grade Marks jumbo $14-$15 few lower occasional higher.  Western North Carolina – 2019 Crop Squash:  Demand fairly light.  1/2 and 5/9 bushel cartons Zucchini small supplies insufficient and in too few hands to establish a market, medium supplies insufficient and in too few hands to establish a market; Yellow Straightneck small supplies insufficient and in too few hands to establish a market, medium supplies insufficient and in too few hands to establish a market LAST REPORT ZUCCHINI.  Tomatoes: Demand moderate.  Market about steady.  Wide price range.  Extra services included.  25 pound cartons loose Vine Ripes U.S. Combination or Better jumbo $8.95-$13.95 mostly $12.95-$13.95, extra large $8.95-$13.95 mostly $12.95-$13.95, large $8.95-$13.95 mostly $12.95-$13.95.  Tomatoes, Grape Type: Demand moderate.  Market about steady.  Extra services included.  20 pound cartons loose $11.95-$15.95 mostly $15.95.  Tomatoes, Plum Type: Demand moderate.  Market about steady.  Extra services included.  25 pound cartons loose Roma extra large $9.95-$13.95 mostly $11.95, large $9.95-$13.95 mostly $11.95.