Milk steady wheat, corn down slightly: Weekend market report
Idaho Farm Bureau's Podcast
English - November 20, 2020 13:00 - 2 minutes - 1.53 MB - ★★★★ - 6 ratingsNews idahofarmbureaupodcast idahoagriculture idahocattle idahofarms Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
It’s 25 degrees this morning in the Treasure Valley. And a cool 16 in Poky, 14 in IF, Northern Idaho, its 28 this morning in CDA and a bit colder in Sandpoint with snow across the state…. Afternoon temps will hit the 40s and30’s. But a bit warmer on Sunday
On to the markets:
Corn opens the Friday session steady in the front months. Dec. 20 opens up this morning at $4.23, up 2 cents,
Domestic wheat falls back into the red this morning
| Dec CBOT futures is at $5.95, down 3 cents,
| Dec KCBT Wheat is at $5.51 1/2, down 6 1/2 cents,
| Dec MGEX futures Wheat is at $5.50 1/4, down 4 1/4 cents,
Over in
| Meridian |
| - Soft White Wheat | 5.04 | down 6
| - Hard Red Winter | 5.75 | down 2
| - DNS 14% | 5.51 | down 3
| - Corn | 4.90 | down 3
Milk is still steady thanks to thanksgiving demand, now trading at 23.14 per hundredweight.
Front-month live cattle futures are up 47 cents this morning. Feeders are trading 37 cents higher so far. The December CME Feeder Cattle Index is 33 cents stronger at $137.68. The only USDA confirmed cash cattle sales for Monday was light $170 action for northern dressed.
Idaho Hay, supreme quality trading at $190, good quality going for $140 demand strong.
That's it for the Weekend market report from the voice of Idaho Agriculture, I'm Jake Putnam