Idaho Farm Bureau's Podcast

Weekend market report: Corn rallies

August 27, 2020 Idaho Farm Bureau
Idaho Farm Bureau's Podcast
Weekend market report: Corn rallies
Chapters
Idaho Farm Bureau's Podcast
Weekend market report: Corn rallies
Aug 27, 2020
Idaho Farm Bureau

Good Friday morning!

It’s a cooler 58 degrees this morning in Boise and the Treasure Valley. It's a cool 55 in Poky a bit cooler in IF. Northern Idaho, 53…. WE have cooler temps in store for the weekend, Perfect harvest weather.

Corn futures rallied 5 cents on Thursday…Sep 20 Corn opens at $3.45, up 10 cents this past week.

Winter wheat futures rallied double digits on Thursday and open strong this morning CBOT traded wheat futures open up with double-digit gains. KC HRW wheat futures open with 2%  gains with Dec futures up the most. MPLS Spring wheat futures open 5 1/2 to 8 cents higher. Over in

 | Blackfoot
 
| - Soft White Wheat | 4.11 | up 1
| - Hard Red Winter | 3.94 | up 2
| - DNS 14% | 4.58 | unchanged
| - Hard White | 3.94 | up 2

Milk prices open up at $19.76 per hundredweight, gaining 15 cents this past week.

Live cattle futures open up with 17 to 45 cent losses and .85-cent losses for the nearby. At the opening bell, feeders are down 50 to 82 cents in the front months. August feeders open at $141.97. The Feeder Cattle Index from CME is down 58 cents to $143.02. This morning there are some light cash cattle sales at $104 - $105 and $166- $168 in the beef. 

All grades of Alfalfa hay remain steady to strong. There's still a lack of testing; the weather has been good and quality of hay good.

Timothy going up to $200 a ton, Supreme going for $180 per ton, Premium  $175               Good $140- 150    

That's it for the Friday y 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

Good Friday morning!

It’s a cooler 58 degrees this morning in Boise and the Treasure Valley. It's a cool 55 in Poky a bit cooler in IF. Northern Idaho, 53…. WE have cooler temps in store for the weekend, Perfect harvest weather.

Corn futures rallied 5 cents on Thursday…Sep 20 Corn opens at $3.45, up 10 cents this past week.

Winter wheat futures rallied double digits on Thursday and open strong this morning CBOT traded wheat futures open up with double-digit gains. KC HRW wheat futures open with 2%  gains with Dec futures up the most. MPLS Spring wheat futures open 5 1/2 to 8 cents higher. Over in

 | Blackfoot
 
| - Soft White Wheat | 4.11 | up 1
| - Hard Red Winter | 3.94 | up 2
| - DNS 14% | 4.58 | unchanged
| - Hard White | 3.94 | up 2

Milk prices open up at $19.76 per hundredweight, gaining 15 cents this past week.

Live cattle futures open up with 17 to 45 cent losses and .85-cent losses for the nearby. At the opening bell, feeders are down 50 to 82 cents in the front months. August feeders open at $141.97. The Feeder Cattle Index from CME is down 58 cents to $143.02. This morning there are some light cash cattle sales at $104 - $105 and $166- $168 in the beef. 

All grades of Alfalfa hay remain steady to strong. There's still a lack of testing; the weather has been good and quality of hay good.

Timothy going up to $200 a ton, Supreme going for $180 per ton, Premium  $175               Good $140- 150    

That's it for the Friday y 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