Idaho Farm Bureau's Podcast

Milk prices gain $2 this week

July 02, 2020 Idaho Farm Bureau
Idaho Farm Bureau's Podcast
Milk prices gain $2 this week
Chapters
Idaho Farm Bureau's Podcast
Milk prices gain $2 this week
Jul 02, 2020
Idaho Farm Bureau

It’s a warmer 61 degrees this morning in Boise and the Treasure Valley. Its a bit colder 57 in Poky and IF. Northern Idaho, morning lows in the 50s…. it's going to be a good farming day with clear skies and warm temps in the forecast over the weekend.

Corn trading down this morning. Jul 20 Corn futures open at $3.42, that down 5 cents.

Friday opens ahead of the extended weekend and wheat futures are lower. KC HRW futures are the hardest, opening down by 7 cents. July HRW futures are down 15 and a quarter but get this: still up almost 2% for the week. Chicago SRW wheat opens 7 cents lower, with Sept futures at $4.92/bu. 

Prices lower over in Blackfoot this morning

 | - Soft White Wheat | 4.04 | down 2
 | - Hard Red Winter  | 4.18 | down 3
 | - Dark Northern.     | 5.00 | down 4
 | - Hard White.          | 4.18 | down 3
 | 

Milk prices open up at $22.97 per hundredweight, up a couple of bucks from last week.

Live cattle futures open up .90-cent higher this Friday morning. For August fats that added to the weekly gain of 4.7%. Feeder cattle futures climbed to $1.82 higher in the front months. But July 1st Feeder Cattle index was another 8 cents lower, at $129.05.

The first crop of hay is in across Idaho, the dry heat this weekend will help bring the second crop on with some swathing underway in the west. Premium hay prices still strong: Demand is moderate

Supreme 190, premium 180, good and rain damaged 115- 130.00                               

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 warmer 61 degrees this morning in Boise and the Treasure Valley. Its a bit colder 57 in Poky and IF. Northern Idaho, morning lows in the 50s…. it's going to be a good farming day with clear skies and warm temps in the forecast over the weekend.

Corn trading down this morning. Jul 20 Corn futures open at $3.42, that down 5 cents.

Friday opens ahead of the extended weekend and wheat futures are lower. KC HRW futures are the hardest, opening down by 7 cents. July HRW futures are down 15 and a quarter but get this: still up almost 2% for the week. Chicago SRW wheat opens 7 cents lower, with Sept futures at $4.92/bu. 

Prices lower over in Blackfoot this morning

 | - Soft White Wheat | 4.04 | down 2
 | - Hard Red Winter  | 4.18 | down 3
 | - Dark Northern.     | 5.00 | down 4
 | - Hard White.          | 4.18 | down 3
 | 

Milk prices open up at $22.97 per hundredweight, up a couple of bucks from last week.

Live cattle futures open up .90-cent higher this Friday morning. For August fats that added to the weekly gain of 4.7%. Feeder cattle futures climbed to $1.82 higher in the front months. But July 1st Feeder Cattle index was another 8 cents lower, at $129.05.

The first crop of hay is in across Idaho, the dry heat this weekend will help bring the second crop on with some swathing underway in the west. Premium hay prices still strong: Demand is moderate

Supreme 190, premium 180, good and rain damaged 115- 130.00                               

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