Idaho Farm Bureau's Podcast
April Showers across Idaho-Monday Market report
April 01, 2018
Idaho Farm Bureau
Idaho Farm Bureau's Podcast
April Showers across Idaho-Monday Market report
Wheat futures are currently 3 cents higher in the Chicago Soft Red Winter contracts this morning. KC Hard Red is a little firmer, up 7 cents because of extended dryness, while MPLS spring wheat is UNCH to 2 higher because of the intended expansion in spring wheat acreage. The Planting Intentions report show that producers expect to plant 47.3 million acres of all wheat. The report saw 32.7 million for winter wheat, up 99,000 acres from January.
Wheat futures are currently 3 cents higher in the Chicago Soft Red Winter contracts this morning. KC Hard Red is a little firmer, up 7 cents because of extended dryness, while MPLS spring wheat is UNCH to 2 higher because of the intended expansion in spring wheat acreage. The Planting Intentions report show that producers expect to plant 47.3 million acres of all wheat. The report saw 32.7 million for winter wheat, up 99,000 acres from January.