Idaho Farm Bureau's Podcast

Heatwave continues-all markets steady

July 30, 2020 Idaho Farm Bureau
Idaho Farm Bureau's Podcast
Heatwave continues-all markets steady
Chapters
Idaho Farm Bureau's Podcast
Heatwave continues-all markets steady
Jul 30, 2020
Idaho Farm Bureau


It’s a toasty 66 degrees this morning in Boise and the Treasure Valley. It's a warm 60 in Poky and IF. Northern Idaho, 66….its going to be a great farming day with this heatwave continuing through the weekend, and into next week with clear skies.

Let's take a look at corn:

Sept. 19 corn futures opens at $3.15 in Chicago, that's up a quarter-cent.

Wheat futures saw winter wheat contracts lower on Thursday, and they open lower this morning with spring wheat firm to 2 cents higher. KC wheat futures led the way to the downside, with 5 to 6 cent losses. CBT opens 2 to 4 cents lower this morning…

 Blackfoot
 
- Soft White Wheat | 4.29 | down 2
- Hard Red Winter | 4.09 | up 1
- DNS 14% | 4.64 | unchanged
- Hard White | 4.09 | up 1

Milk prices open up at $24.53 per hundredweight, steady, up 10 cents this week.

Live cattle futures open the Friday session with 45 cent gains. Nearby feeder cattle contracts are up to $1.25 this morning. The July 29 CME Feeder Cattle index is $139.24, down 59 cents from yesterday. Cash sales are reported at $97 in the South and $102 in the North.

Driving through the state still lots of hay moving and the quality is good, Premium hay prices are down because of inventory: but the quality is good.

Supreme $160, premium 140, good and rain damaged 125.00                               

That's it for the weekend market report…You can check out the market prices on the Idaho Farm Bureau web page… for the voice of Idaho Agriculture, I'm Jake Putnam


Show Notes


It’s a toasty 66 degrees this morning in Boise and the Treasure Valley. It's a warm 60 in Poky and IF. Northern Idaho, 66….its going to be a great farming day with this heatwave continuing through the weekend, and into next week with clear skies.

Let's take a look at corn:

Sept. 19 corn futures opens at $3.15 in Chicago, that's up a quarter-cent.

Wheat futures saw winter wheat contracts lower on Thursday, and they open lower this morning with spring wheat firm to 2 cents higher. KC wheat futures led the way to the downside, with 5 to 6 cent losses. CBT opens 2 to 4 cents lower this morning…

 Blackfoot
 
- Soft White Wheat | 4.29 | down 2
- Hard Red Winter | 4.09 | up 1
- DNS 14% | 4.64 | unchanged
- Hard White | 4.09 | up 1

Milk prices open up at $24.53 per hundredweight, steady, up 10 cents this week.

Live cattle futures open the Friday session with 45 cent gains. Nearby feeder cattle contracts are up to $1.25 this morning. The July 29 CME Feeder Cattle index is $139.24, down 59 cents from yesterday. Cash sales are reported at $97 in the South and $102 in the North.

Driving through the state still lots of hay moving and the quality is good, Premium hay prices are down because of inventory: but the quality is good.

Supreme $160, premium 140, good and rain damaged 125.00                               

That's it for the weekend market report…You can check out the market prices on the Idaho Farm Bureau web page… for the voice of Idaho Agriculture, I'm Jake Putnam