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Cool morning temps with frost in the upper valley goes hand in hand with a cool wheat market this Monday morning.
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Friday Front-month cattle futures are trading with 35 to 57 cent gains this morning. And Feeder cattle futures are trading with 30 to 65 cent gains.
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Idaho Sugar beet harvest is underway, temps have been warm and progress is just ahead of last year. We asked USDA meteorologist, Brad Rippey, about this year's beet harvest nationwide:
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Wheat and corn finish strong last week, will strong prices continue.
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Wheat futures open to double-digits gains this morning, led by CBT's Soft Red Winter. Chicago winter wheat futures open the session up by 14 cents. KC winter wheat traded 9 cents higher.
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New data shows the wheat crops of two nations are very good, so much that they could greatly add to already record world-wheat production numbers and supplies.
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Record yields will increase the world wheat stocks in 2020.
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Local wheat continues to trade strong.
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The COVID-19 pandemic created a record gap between what consumers pay for beef and pork and the money received by farmers.
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Corn futures continue to climb.
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Milk prices are down $3-dollars this week, prices open up down, again.
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According to the USDA, the farm price index will be down from last year.
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Both US Cattle markets ended last week on a downtrend.
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Corn futures rallied almost 4 cents on Thursday and cents on the week.
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China is back buying US Crops, but is it enough?
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Milk drops, the wheat market picks up!