Monday markets steady-hay prices flat
Idaho Farm Bureau's Podcast
English - August 03, 2020 00:00 - 2 minutes - 1.74 MB - ★★★★ - 6 ratingsNews idahofarmbureaupodcast idahoagriculture idahocattle idahofarms Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Good Monday morning!
It’s a warm 60 degrees this morning in Boise and the Treasure Valley. It's a cooler 57 in Poky and IF. Northern Idaho, 55…. The triple-digit temps we saw over the weekend are gone and it’ll be much cooler today across Idaho. With clear skies.
Corn still looking flat Sept.19 corn futures opens at $3.15 in Chicago, that just up a quarter-cent.
Wheat futures saw winter wheat contracts lower on Friday, and they open lower this morning with spring wheat firm to 2 cents higher. KC wheat futures led the way to the downside, with 5 to 6 cent losses. CBT opens 2 to 4 cents lower this morning… over in Blackfoot grain is mixed:
| - Soft White Wheat | 4.29 | down 2
| - Hard Red Winter | 4.09 | up 1
| - DNS 14% | 4.64 | unchanged
| - Hard White | 4.09 | up 1
Milk prices open up at $24.53 per hundredweight, steady, up 10 cents this week.
Live cattle futures open the Monday session with 45 cent gains. Nearby feeder cattle contracts are up to $1.25 this morning. The July 29 CME Feeder Cattle index is $139.24, down 59 cents from yesterday. Cash sales are reported at $97 in the South and $102 in the North.
There is still a lot of hay moving across the state and the quality is good, Premium hay prices are way down because of inventory:
Supreme 150, premium 140, good and rain damaged 120.00
That's it for the Monday market report…You can check out the market prices on the Idaho Farm Bureau web page… for the voice of Idaho Agriculture, I'm Jake Putnam