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MOST southeastern farm commodity prices trended steady to strong during the week ending February 6, USDA’s Agricultural Marketing Service reports. Feeder cattle and calves posted substantial gains, while butcher hog prices advanced mostly 75 cents.
Grain prices moved modestly higher during the week. Corn gained 3 to 5 cents with a cash spread of $2.51 to $2.82. Soybeans were up 12 to 16 cents with a cash spread of $4.40 to $4.85.
GRAIN—Southeastern corn and soybean prices moved moderately higher during the week ended February 6. Corn gained mostly 3 to 5 cents. The cash spread was $2.51 to $2.82. Soybeans were mostly 12 to 16 cents higher, with a cash spread of $4,40 to $4.85. Trading throughout the Southeast remained quiet although soybean movement increased a little as producers made deliveries on February contracts.
Cash bids to corn producers at southeast Virginia points closed at $2.55 to $2.74 and Richmond at $2.55 to $2.60. Wilson, N.C., held steady to 5 cents higher at $2.59 to $2.64. South Carolina’s Pied
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