Western Standard - January 16, 2023


Moe not invited to Trudeau’s Saskatchewan rare earth minerals announcement


Episode Stats

Length

1 minute

Words per Minute

129.17455

Word Count

205

Sentence Count

25


Summary

It's a quiet day in the futures market with the markets in the US being closed for Martin Luther King Day. There's not much movement in the markets right now. Canola, barley, wheat, and other grains are all trading sideways and Bitcoin is bouncing back.


Transcript

00:00:00.000 It's a quiet day in the futures market with the markets in the U.S. being closed for Martin
00:00:27.600 Luther King Day. All the feed grain markets are trading sideways with barley at $4.35 per metric, feed wheat at $4.42 per metric, and corn at $4.43 per metric. The canola markets are open, but they're not doing much. They're only up $0.80 to $840.50 per metric ton, with delivered values for February movement at $18.60 per bushel. The Canadian dollar has gone up a little bit in the last week. It's trading at $74.63 per U.S. dollar right now.
00:00:56.200 And taking a look at Bitcoin, we are trading at $21,082 per Bitcoin right now, which is up about $5,000 since the beginning of January. So if you have some money in Bitcoin, there's good news there. It's starting to bounce back a little bit.
00:01:13.920 Other than that, there's not much movement of anything in the markets right now. If you are wanting to market some grain, give us a call at 403-394-1711. I'm Mike Van Dyke at Marketplace Commodities. Accurate real-time marketing information and pricing options.
00:01:29.860 You can become a Western Standard member for just $10 a month or $99 a year for unlimited access.