Monday Market Report: Burley hard white wheat up 45-cents!


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Good Monday morning! after record heat the cool weather has moved back in

It’s chilly degrees 41 degrees this morning in Moscow 48 in Boise and the Treasure Valley. And a cool 46 in Poky a bit cooler 44 in IF. CDA 45…. We will have warmer temps later in the week.

Front-month corn futures open this morning up 21 cents, Jul 21 Corn futures open at $6.82.

| The wheat futures markets open with double-digit gains over the weekend. CBT SRW rallied 10 to 11 cents on Friday. KC wheat futures open 10 to 12 cents higher.

Over in Burley look at the huge gains:

| Burley
| - Soft White Wheat | 6.13 | up 22
| - Hard Red Winter | 6.15 | up 12
| - Hard Red Spring | 7.11 | up 33
| - Barley | 9.50 | up 25
| - Hard White | 6.29 | up 4

| Fat cattle futures open the session 45 cents lower. June fats open a nickel higher on Friday. Cash sales open at $120 in TX. The bulk of this week’s cash business is at $119-$120. Feeder cattle futures fell back $2.25 to $3.02 on Friday. The CME Feeder Cattle Index is 15 cents higher at $136.65.

Milk prices open up strong at $17.30 per hundredweight, and after a month on the rise has leveled off.

Sugar stands at 17 cents per pound, down a percentage point.

Heating oil is at 55.74 and climbing…Up 3-bucks from last week.

I'm seeing lots of swathers across the state and All grades of Alfalfa hay remain steady to strong. Demand moderate because we finally have fresh on the market…but rain this week could slow things down

Timothy going up to $200 a ton…

Supreme going for 180 per ton

Premium 170

Good 130

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

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