Weekend market report: Milk prices fall
Idaho Farm Bureau's Podcast
English - September 04, 2020 02:00 - 2 minutes - 1.92 MB - ★★★★ - 6 ratingsNews idahofarmbureaupodcast idahoagriculture idahocattle idahofarms Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Good Friday morning!
It’s a warm 66 degrees this morning in Boise and the Treasure Valley. We’re having another heatwave. It’s a cool 57 in Poky a bit cooler in IF. Northern Idaho, low 60s…. WE have warmer temps in store for the weekend, Perfect harvest weather.
Corn futures rallied 5 cents on Thursday…Sep 20 Corn holding steady at $3.44, up a penny this past week.
Winter wheat futures were in the red, but spring wheat futures start with an upwards trend. Chicago wheat opens day down by as much as 6 cents, and KC HRW futures open 3 to 4 cents lower. MPLS HRS futures open the day fractionally higher except a 2 cent gain in Sept. Over in..
Burley |
| - Soft White Wheat | 4.50 | down 5
| - Hard Red Winter | 4.50 | down 5
| - Hard Red Spring | 5.00 | down 10
| - Barley | 6.25 | unchanged
| - Hard White | 4.50 | down 5
Milk prices open up at $16.77 per hundred weight, and continues to fall…
Thursday cattle futures trading open with 27 cent losses for the front-month contracts. Feeder futures open $0.77 lower this morning. The CME Feeder Cattle Index is down 67 cents to $139.68. USDA reports moderate cash sales activity at $102 in TX, $103 in KS, and some light $102-trade in NE. The bulk of the week’s sales have been at $103.
All grades of Alfalfa hay remain steady to strong. Demand is moderate
Timothy going up to $200 a ton…
Supreme going for 180 per ton
Premium 170
Good 130
That's it for the Friday y 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