Western Standard - January 24, 2023


Food inflation threatens to increase Canada's lowered poverty rate


Episode Stats

Length

1 minute

Words per Minute

104.216866

Word Count

173

Sentence Count

23


Summary

March wheat futures climb $0.45 at $9.02/bushel, while soybeans and other feed grains rise $2 at $4.40/bushelled, and wheat futures hold at $1.99/bushee. Soybeans, corn, soybeans, and other key feed grains continue to climb, while wheat and other pulse markets are mostly sideways. Cattle, soybean, and oilseed prices are all in the doldrums as well.


Transcript

00:00:00.000 Transcribed by ESO, translated by —
00:00:30.000 The current Mothbridge feed grain prices are as follows. Cash barley is down $2 at $4.28. Feed wheat is lower $2 at $4.40, while corn is unchanged at $4.40. Over to the milling wheat markets, March Minneapolis futures climbed $0.45 at $9.02 per bushel, with local hard red spring bid for February movement at $1,129 per bushel delivered.
00:00:51.560 Looking at the oil seeds, nearby canola futures slipped further at $7.96.30 per tonne, with delivered values for February movement at $1,760 per bushel.
00:01:02.280 In the pulse markets, nearby red lentil prices are sideways at $0.30 a pound, and yellow peas are holding at $1,1250 per bushel.
00:01:09.700 And in the cattle markets, February live cattle dropped $0.42.5 at $1.57.05 per hundredweight.
00:01:17.140 For more information on pricing and picked-up on-farm options, give me a call at 403-394-1711.
00:01:25.700 I'm Vera Buziak at Marketplace Commodities. Accurate real-time marketing information and pricing options.
00:01:31.580 You can become a Western Standard member for just $10 a month, or $99 a year for unlimited access.