Thanks for joining us, This is the Idaho Farm Bureau Podcast coming to you from the State Capitol in Boise.After a hot dry summer, Congress passed a bill that will help the nation&apos;s farmers and ranchers with drought, disaster, and Covid relief:Drought relief is expected for some parts of the West. Stephanie Ho reports from Washington:An American Farm Bureau Federation program connects farmers and ranchers to those who are food insecure. Micheal Clements has more.Federal forecasts say we will see increases in Beef production. USDA&apos;s latest forecasts show the production of two major meat types moving in opposite directions. Stephanie Ho reports:That&apos;s it for this week&apos;s Podcast, for the voice of Idaho Agriculture, I&apos;m Jake Putnam

Idaho Farm Bureau's Podcast

IFBF Podcast: Beef production is up, Farmers getting relief

Good Monday morning…It&apos;s nice outside, we had warm temps over the weekend, perfect harvest weather! It’s 45 degrees this morning in the Treasure Valley. a  refreshing 40 in Poky a bit cooler in IF at 39. It’s 45 in Twin Falls and 39 in CDA.Corn futures open with 6 1/2 to 9 cent gains. Dec 21CBOT Corn opens at $5.25 up 9 cents from last week.Wheat futures are up by double digits so far this morning. CBT SRW futures are gaining 9 to 11 cents, leaving Dec contracts 2 cents higher over last week. KC HRW futures open 8 cents higher so far. Minneapolis wheat prices are adding 10 to the bounce this morning.  Dec 21 CBOT Wheat  opens at $7.35 and that’s even with last week.Over in Blackfoot prices are still strong | - Soft White Wheat | 7.21 | Up 20 | - Hard Red Winter | 7.87 | Up 19 | - DNS 14% | 9.22 | Down 3 | - Hard White | 7.97 | Up 19Live cattle futures open 22 to 75 cents higher on the board this morning. For December fats, we’re seeing a net 72 cent gain. Catch-up sales are reported mostly at $124, matching last week’s bulk. USDA noted most dressed sales for the week were near the $196 mark, though the range was as low as $193 and as high as $200. Feeder cattle open 72 cents in the red. The CME Feeder Cattle Index opens 66 cents lower at $153.35.     Heating oil opens at 68.16 up another two bucks from last week.Milk staying steady… opens up at $17.96 per hundredweight…down slightly from last week.World Sugar stands steady at 20 cents per pound, that’s up slightly…The last crop of hay is just about complete. The buyers still testing hay and bidding but producers are in a holding mode. Reports show a lot of feed out there for the dairies Premium alfalfa in southern Idaho still going for $240 and higher grades bid at $230. The other regions of the state showing markets at  $10 higher to $10 lower.That&apos;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&apos;m Jake Putnam

Monday Market Report with the Farm Bureau's Jake Putnam

After the WASDE report on Tuesday wheat futures gained losses from last week and are holding steady. Feeder cattle futures are up.

Clark Johnston's Weekly Market Report: Wheat steady, feeder cattle futures up

Thanks for joining us, This is the Idaho Farm Bureau Podcast coming to you from the State Capitol in Boise:This past week I got out in the field and went to one of many sugar beet harvests…I went and visited Galen Lee…USDA released its monthly World Agriculture Supply and Demand report Tuesday. Micheal Clements shares the highlights.China accounts for a significant share of total U.S. agricultural export sales. Gary Crawford reports:The US Agriculture Secretary testified before the House Ag Committee on the current state of the livestock industry and on matters to be addressed within it. Rod Bain reports:That&apos;s  it for this week&apos;s Podcast, thanks for joining us, for the voice of Idaho Ag, Im Jake Putnam

IFBF Podcast:Beet and New Production reports in

Good Monday morning…It&apos;s cool outside, some frost, and still wet but when it dries out. perfect harvest weather! It’s 39 degrees this morning in the treasure Valley. a  refreshing 30 in Poky a bit cooler in IF at 29. It’s 36 in TwinFalls and 30 in CDA.Corn opens down 2 cents from FridayDec 21CBOT Corn opens at $5.30 up down 11 cents from last Monday morning.The mixed winter/spring wheat directionality left spring wheat in the black and winter wheat weaker over the weekend. HRS prices open with 2 to 4 cent gains. This week  December Minneapolis futures open 1.8% stronger. Chicago wheat opens 6 cents in the red, extending December’s loss for last week to 2.8%. KC futures open down 3 cents and that’s 2.9% below December’s close on Friday.Dec 21 CBOT Wheat opens at $7.34 down 14 cents from last week.Over in Burley prices are still good despite national market prices.. Soft White Wheat | 7.54 | Unchanged | - Hard Red Winter | 8.05 | Up 4 | - Hard Red Spring | 9.25 | Up 4 | - Barley | 11.00 | Unchanged | - Hard White | 8.15 | Up 4After gaining all last week, front-month cattle futures have stalled. In-delivery October is up 30 cents on and $5.17 from Friday while Dec and Feb are adding 15 to the upswing. Monday morning catch-up sales are near $122 and $123.50 mark. For the week, USDA had cash sales from $122 - $124 and $193 - $196 in the beef. Feeder cattle prices open 45 cents weaker. October is down by 87 cents, but that limited last weeks week’s gain to 4.4%. The CME Feeder Cattle Index is up 92 cents to $153.80.   Heating oil opens at 66.51 up another two bucks from last week.Milk staying steady… opens up at $18.03 per hundredweight…12 cents from last week, yet forecasters think those prices will continue to rise.World Sugar stands steady at 20 cents per pound, that’s up slightly…This could be the last week for hay as producers in some areas are hustling to get the crop put up before the weather gets worse with snow expected this coming week. The buyers are testing hay and bidding but producers are in a ‘wait and see&apos; mode. Reports show that corn silage yields are very good this year giving the dairies the opportunity to take a wait and see the position on feed. The export market is also steady with no need to be aggressive with their bids. Premium alfalfa in southern Idaho is being bid at $240 and higher grades bid at $230. The other regions of the state showing markets at  $10 higher to $10 lower.That&apos;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&apos;m Jake Putnam

Cattle wheat prices stall, while Cattle market on the upswing

The soft white basis is leading the news in Portland.  Demand down in Southern Idaho...

Clark Johnston's Weekly Market Report:

Thanks for joining us, This is the Idaho Farm Bureau Podcast coming to you from the State Capitol in Boise:US Trade with China is up 28 percent despite a challenging year in US Agriculture:The U.S. Trade Representative Monday announced how the Biden Administration plans to address its trade relationship with China. Rod Bain reports:What is Agriculture Secretary Tom Vilsack&apos;s reaction to the U.S. Trade Representative&apos;s stance on trade with China? (Gary Crawford.Farmers and ranchers can register now to attend the 2022 American Farm Bureau Convention. Micheal Clements shares the details.That&apos;s it for this week&apos;s podcast, for the Voice of Idaho Ag, I&apos;m Jake Putnam

IFBF Podcast: US Focuses on China Trade

Good Monday morning…It&apos;s cool outside, with some frost but perfect harvest weather! It’s 50 degrees this morning in the Treasure Valley. a  refreshing 39 in Poky a bit cooler in IF at 38. It’s 43 in TwinFalls and 45 in CDA.Corn opens almost 6 cents in the black. Last week, December corn futures traded in the 24 cent range and a net 16 cent gain.Dec 21CBOT Corn opens at $5.41 up 4 cents and up a strong 16 cents from last week.The wheat markets are adding double digits to the upside ahead of last weekend. Chicago SRW futures are trading 14 to 24  cents higher this morning. KC wheat opens up by 12 cents; Minneapolis spring wheat futures open with gains of 15  to 16 cents. Dec 21 CBOT Wheat opens at $7.49 up 4 cents from Friday and up 22 cents from last week.Over in Blackfoot prices peaking in the black:  | | - Soft White Wheat | 8.47 | Up 31 | - Hard Red Winter | 7.91 | Up 33 | - DNS 14% | 8.98 | Up 20 | - Hard White | 8.11 | Up 33Live cattle futures open down 20 to 62 cents. Monday opens the trading day with a 17 cent draw-down to $120.40. Southern cash trades for the week range from $121 - $124, with most near $124, while the North is been down to $122 this week. Cash sales in the beef range $192 - $198 with most at $196. Feeder cattle futures open mostly weaker opening UNCH in November contracts to 30 cents lower by March ’22. The CME Feeder Cattle Index is $153.78 on 9/29, and that’s down by 88 cents. Heating oil opens at 62.87 up to two bucks from last week and that’ll spike diesel and fertilizer prices.Milk staying steady… open up at $18.15 per hundredweight…up two bucks and forecasters think those prices will continue to rise.World Sugar stands at 20 cents per pound, that up slightly…Higher quality hay is still running high at $240 and $250 per ton in the stack. Good hay is about $20 less at $230 to $230. Overall prices remained in the area of $90 per ton higher than last year. That&apos;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&apos;m Jake Putnam

Monday Market Report: Local wheat spikes upward!

The big news this week, soft white basis down 60-cents per bushel in Ogden!

Clark Johnston Market Report--Soft white down 60 cents in Ogden

Thanks for joining us, This is the Idaho Farm Bureau Podcast coming to you from the State Capitol in Boise:Trade is critical to Idaho Agriculture, The latest trade numbers show strong U.S. agricultural exports despite transportation challenges. The Farm Bureaus Micheal Clements shares more.One number in Friday&apos;s USDA Cattle on Feed report may have given some analysts a mild surprise. (Gary CrawfordAnd from Washington, there’s growing evidence showing that the nation is on the downside of the beef cattle cycle. Traveling the highways and byways of Idaho, I visited Eden Idaho, where I met a family that bought the old Eden High School and they’re bringing the school back to life:That&apos;s it for this week&apos;s podcast, for the Voice of Idaho Ag, I&apos;m Jake Putnam

IFBF Podcast: US Ag Exports on the Rise

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