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Idaho Farm Bureau's Podcast
Local wheat up double digits! Weekend Market Report
November 02, 2018 Idaho Farm Bureau
Idaho Farm Bureau's Podcast

Local wheat up double digits! Weekend Market Report

November 02, 2018

Idaho Farm Bureau

Corn futures open the Friday session with most contracts 3 cents higher. Spillover buying help came from soybeans and meal, along with a weaker US dollar. December Corn futures in Chicago starts at $3.66 up 3 cents.

Wheat futures saw 6 to 8 cent gains in most contracts on Thursday. A lower dollar and spillover from the rest of the grains helped. Wheat may have also saw some first of month bargain hunting buying from the funds. DEC CBOT Wheat opens at $5.08, up 5 cents.


Corn futures open the Friday session with most contracts 3 cents higher. Spillover buying help came from soybeans and meal, along with a weaker US dollar. December Corn futures in Chicago starts at $3.66 up 3 cents.

Wheat futures saw 6 to 8 cent gains in most contracts on Thursday. A lower dollar and spillover from the rest of the grains helped. Wheat may have also saw some first of month bargain hunting buying from the funds. DEC CBOT Wheat opens at $5.08, up 5 cents.


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