NCDA&CS Market Highlights for Thursday, Oct 10

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

The following is a summary of market prices and conditions of North Carolina farm products for October 09, 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 auction held Tuesday in Shelby a total of 819 cattle were sold.  Compared to last week, slaughter cows were unevenly steady and bulls steady to 1.00 higher.  Feeder steers were mostly steady to 3.00 lower on a fairly light test; there were too few comparable bulls and heifers to establish an adequate market comparison.  Demand, market activity, and buyer interest were moderate.  Offerings of cattle were fairly heavy.  Cattle quality was plain.  Average dressing slaughter cows brought $49-$59, with high dressing up to $61.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $75-$85, with high dressing bringing $86.  400-500 lbs. M&L 1-2 feeder steers ranged $127.50-$129, 500-600 lbs. were $121-$127.  M&L 1-2 feeder heifers, 400-500 lbs. were $119.  M&L 1-2 feeder bulls, 400-500 lbs. were $127.

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 Wednesday in North Carolina was 3,573,000 head compared to 3,424,000 head last Wednesday.

Eggs:  The market was higher on medium, steady on the balance.  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 69.00, and Small 46.00.

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 62.59 cents per pound; the U.S. average is 59.23 cents per pound.

Grain:  U.S. 2 yellow shelled corn was 1 cent lower when compared to last report.  Prices ranged $4.24-$5.04 at feed mills and $4.09-$4.64 at elevators; new crop $4.04.  U.S. 1 yellow soybeans were 3 cents higher.  Prices were $9.39 at the processors and ranged $8.74-$8.98 at the elevators; new crop $8.57-$8.99.  U.S. 2 soft red winter wheat had no price comparison; prices were $4.48-$4.55 at the elevators; new crop $4.94-$5.05.  Soybean meal, f.o.b. at processing plants, was $344.70 per ton for 48% protein.

Feed Mills:  Bladenboro 4.64, —–, —-; Candor 4.84, —–, —-; Cofield 4.24,  8.99, —-; Laurinburg 4.79, —–, —-; Monroe 4.94, —–, —-; Nashville 1 5.04, —–, —-; Nashville 2 4.49, —–, —–; Roaring River 5.04, —–, —-; Rose Hill 4.69, —–, —-;

Creswell 4.29, —–, —-; Statesville 4.44, —–, —-; Warsaw 4.69, —–, —-;

Pantego 2 —-, —–, —-.

Elevators:  Bladenboro 4.39,  8.83, —-; Clarkton 4.44,  8.83, —-; Clement 4.38, —–, 4.48; Clinton 4.44,  8.78, —-; Creswell —-, —–, 4.55; Elizabeth City 4.09,  8.84, —-;

Lagrange 4.44,  8.78, —-; Monroe —-,  8.98, —-; Mount Olive 4.44,  8.78, —-;

Norwood 4.59,  8.74, —-; Register 4.59, —–, —-; Warsaw #2 4.64, —–, —-;

Wilson —-,  8.78, —-.

Soybean Processors:  Fayetteville, 9.39; Selma, No Bid.

Fruit and Vegetable Prices (Shipping Point F.O.B.):  Western North Carolina – 2019 Season Squash:  Supply light.  Demand fairly light.  Some shippers are finished for the season.  1/2 and 5/9 bushel cartons 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.  Tomatoes:  Supply fairly light.  Demand moderate.  A few shippers are finished for the season.  Extra services included.  25 pound cartons loose Vine Ripes U.S. Combination or Better jumbo, extra large, and large supplies insufficient and in too few hands to establish a market.  Tomatoes, Grape Type:  Supply fairly light.  Demand moderate.  A few shippers are finished for the season.  Extra services included.  20 pound cartons loose supplies insufficient and in too few hands to establish a market.  Tomatoes, Plum Type:  Supply fairly light.  Demand moderate.  A few shippers are finished for the season.  Extra services included.  25 pound cartons loose Roma extra large, large, and medium supplies insufficient and in too few hands to establish a market.