Idaho Farm Bureau: Recent Episodes

Paul

Clark Johnston's weekly report on commodity markets.

Clark Johnston's weekly report on commodity markets.

Clark Johnston's weekly report on commodity markets.

Clark Johnston's weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

Clark Johnston weekly report on commodity markets.

The big news this week came from the May WASDE report. The report reduced wheat and corn stocks sending the futures markets considerably higher on Thursday.

The Commodity Markets have been volatile to say the least over the past few months, and this week was more of the same.

The crop progress report this week show the grain crop in Idaho in very good condition.

In the Portland market we finished with soft white bid at 200 for August delivery.

Even though it was a holiday shortened week, it looks like the futures were bullish at least in the ag markets.

October Feeder Cattle finished the week $1.28 lower, but did rally $2.80 higher than the recent low on Tuesday.

The USDA report this week had all wheats stocks in Idaho a 31% lower from the same time frame last year.

The Corn market was up this week with the May contract closing at 7.54, up 12 and one-quarter cents.

This week was another wild week in the futures markets.

In the March WASDE report this week the 2021-22 U.S. Wheat Supply and Demand Outlook is for lower supplies, unchanged domestic use, reduced exports and higher ending stocks.

The markets this week are without a doubt the wildest we have seen, at least in my lifetime.

This was a strong week for the grain futures with hard red winter wheat leading the charge higher.

The market were volatile this week, with most contracts closing the week nearly unchanged.

A Bullish Week in the Grain Markets as March corn traded 31 cent per bushel higher, closing at $6.51 per bushel.

The Grain Markets took a little breather midweek before rebounding and finishing the week strong on Friday.

Clark Johnston Market Report: USDA reports 12 Million Cattle on Feed, up 1% since last January and the 2nd highest total since 1996.

Clark Johnston Market Report: Wheat Stocks in Idaho 42% less than this time last year.

Clark Johnston Market Report: Corn holds it's own, Wheat doesn't fair as well

Clark Johnston Market Report: Grain futures drop across the nation during vacation week

In Idaho there were 310,000 cattle on feed, 7% higher than this time last year.

Wheat stocks increase 15 million bushels, but still down compared to previous year.