Idaho Farm Bureau's Podcast

Monday Market Report: Wheat opens up again!

May 02, 2021 Idaho Farm Bureau
Idaho Farm Bureau's Podcast
Monday Market Report: Wheat opens up again!
Chapters
Idaho Farm Bureau's Podcast
Monday Market Report: Wheat opens up again!
May 02, 2021
Idaho Farm Bureau

Good Monday morning welcome to the Idaho Farm Bureau market report, available on Spotify and iTunes. We had thunder showers across the state over the weekend. We’re coming to you from Boise where it’s 46-degrees here this morning,43 degrees in Poky,f 41 in IF, 39-degrees in the Magic Valley and 40-degrees in Moscow and 43 in CDA.

Onto the markets

May 21 CBOT Wheat opens at $7.42, up 5 cents,

 | Domestic wheat futures are finally leveling off after double digit gains last week. We’re mixed this morning, with winter wheat in the red. CBT Soft-Red Winter futures are down 4 cents. KC Hard Red futures open with a penny loss. CME will expand winter wheat futures’ daily price limits by a nickel effective today.

Local wheat steady and strong this morning over in Blackfoot

 - Soft White Wheat | 5.86 | up 15
 - Hard Red Winter | 6.01 | down 2
 - DNS 14% | 6.89 | up 9
 - Hard White | 5.96 | down 2

Sugar opens at 18 cents per pound and opens up 3.7 percent

Heating oil opens at 50.72 up 25 cents from last week.

Milk opens strong at  $17.64 and holding steady from last week.

Supreme hay going for 190, Feeder hay 4th cutting going for 140 if you can find it.

You can check out all of the Idaho market prices on the Farm Bureau website. Thats it for the Monday market report, have a good day, for the voice of Idaho Agriculture, I’m Jake Putnam.

Show Notes

Good Monday morning welcome to the Idaho Farm Bureau market report, available on Spotify and iTunes. We had thunder showers across the state over the weekend. We’re coming to you from Boise where it’s 46-degrees here this morning,43 degrees in Poky,f 41 in IF, 39-degrees in the Magic Valley and 40-degrees in Moscow and 43 in CDA.

Onto the markets

May 21 CBOT Wheat opens at $7.42, up 5 cents,

 | Domestic wheat futures are finally leveling off after double digit gains last week. We’re mixed this morning, with winter wheat in the red. CBT Soft-Red Winter futures are down 4 cents. KC Hard Red futures open with a penny loss. CME will expand winter wheat futures’ daily price limits by a nickel effective today.

Local wheat steady and strong this morning over in Blackfoot

 - Soft White Wheat | 5.86 | up 15
 - Hard Red Winter | 6.01 | down 2
 - DNS 14% | 6.89 | up 9
 - Hard White | 5.96 | down 2

Sugar opens at 18 cents per pound and opens up 3.7 percent

Heating oil opens at 50.72 up 25 cents from last week.

Milk opens strong at  $17.64 and holding steady from last week.

Supreme hay going for 190, Feeder hay 4th cutting going for 140 if you can find it.

You can check out all of the Idaho market prices on the Farm Bureau website. Thats it for the Monday market report, have a good day, for the voice of Idaho Agriculture, I’m Jake Putnam.