Monday Market Report: Local wheat down across the board
Idaho Farm Bureau's Podcast
English - March 29, 2021 03:00 - 2 minutes - 1.7 MB - ★★★★ - 6 ratingsNews idahofarmbureaupodcast idahoagriculture idahocattle idahofarms Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Good Monday morning welcome to the Idaho Farm Bureau market report, available on Spotify and iTunes. We’re coming to you from Boise where it’s 36-degrees here morning, 32 degrees in Pocatello and IF, 27-degrees in the Magic Valley, and 29-degrees in Moscow and CDA.
Onto the markets
May 21st Corn futures are mixed this morning, with front months fractionally cents lower. .Corn opens up in CBOT $5.52 up 6 cents.
Wheat futures open the Monday session mixed. May 21 CBOT wheat opens at $6.13 up just about a penny from Friday.
Locally wheat down across the board:
Meridian
- Soft White Wheat | 5.90 | down 10
- Hard Red Winter | 5.77 | down 7
- DNS 14% | 5.97 | down 8
- Corn | 6.22 | up 3
Fat cattle futures open with gains of 22 cents. June was the strongest on the day, widening its April premium to $1.67. Cash trade this week has been a dollar higher at $115, Dressed sales have mostly been $185 for the week. Feeder cattle futures open with gains up to 90 cents. The CME Feeder Cattle Index is $136.75, up by $1.29.
Sugar opens at 15 cents per pound and no gains this morning.
Heating oil opens at 47.82 and flat…
Milk opens at $16.19 down a cent.
Supreme hay going for 190 to 200, Feeder hay up to 140.
You can check out all of the Idaho market prices on the Idaho Farm Bureau website. That's it for the Monday market report, have a good day, for the voice of Idaho Agriculture, I’m Jake Putnam.