Western Standard - April 14, 2023


MPC Daily Market Update Apr 13, 2023


Episode Stats

Length

1 minute

Words per Minute

138.44714

Word Count

148

Sentence Count

18


Summary

Feed Grain, Cattle, Soybean and Canola Futures and Soybean prices rise on the day. May wheat, barley, wheat, soybeans, soymeal, canola, soybean and soybean futures all hit new session highs on the morning of May 15th.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows, cash barley is down $2 at $4.19, feed wheat slipped $5 at $4.20, while corn is off $3 at $4.15.
00:00:12.320 Over to the milling wheat markets, May Minneapolis futures slipped $0.09 at $8.51 per bushel, with local hard red spring bid for April movement at $10.95 per bushel delivered.
00:00:22.660 Looking at the oil seeds, nearby canola futures jumped $10.90 at $781.90 per tonne, with delivered values for April-May movement at $17.50 per bushel delivered.
00:00:35.580 In the pulse markets, nearby red lentils are trading at $0.35 a pound, and yellow peas remain at $12 per bushel.
00:00:43.440 And in the cattle markets, June live cattle increased $1 at $165.85 per hundredweight.
00:00:49.060 For more information on pricing and picked up on-farm options, give me a call at 403-394-1711.
00:00:58.020 I'm Vera Buziak at Marketplace Commodities, accurate real-time marketing information and pricing options.