Weekend market report: corn, wheat cattle up

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Idaho Farm Bureau's Podcast

News & Politics


Good Friday morning…It’s 34 degrees this morning in the Treasure Valley we’ve had scattered snow.  And a cool 32 in Poky, 28 in IF,  Northern Idaho, it’s 36 this morning in CDA and a bit colder in Sandpoint…. Scattered snow afternoon temps will hit the 30s and 40’s.On to the markets:At the CBOT open corn futures are at $4.32, up 10 cents since Monday.CBT wheat futures rallied back on Thursday with double-digit gains for March and May contracts and still up this morning. The other nearby gained 9 to 9 1/2 cents. HRW wheat also opens in the black with 8 1/4 to 8 1/2 cent gains. Spring wheat futures open 8 cents higher. | Mar CBOT Wheat opens at $6.08, up 10 1/4 cents, | Mar KCBT Wheat is at $5.70, up 8 cents, | Mar MGEX Wheat is at $5.67, up 8 cents,Over in  Burley   | - Soft White Wheat | 4.77 | up 10 | - Hard Red Winter | 5.35 | up 12 | - Hard Red Spring | 5.50 | up 8 | - Barley | 7.00 | unchanged | - Hard White | 5.35 | up 12Milk inching up, now trading at  $15.61 per hundredweight this morning, down from Monday.Cattle gaining this morning..Fat cattle futures are extending their gains 7 to 32 cents. December contracts open 12 cents lower. CME reported 35 deliveries against December cattle futures. Feeders open 27 to 70 cents higher. The CME Feeder Cattle Index is a nickel lower to $136.64. Follow through cash deals in from $102 - $105.Idaho Hay, supreme quality trading at  $160, good quality going for $140 demand steady.That's it for the Weekend market report from the voice of Idaho Agriculture, I'm Jake Putnam