Western Standard - April 20, 2023


MPC Daily Market Update Apr 20, 2023


Episode Stats

Length

1 minute

Words per Minute

138.82726

Word Count

146

Sentence Count

21


Summary

Grains, Cattle, pulse markets, soybeans, wheat, canola, and wheat futures are all down on the day. Feed grain prices have dropped across the board, and soybeans are the worst of the three markets.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows, cash barley is lower $2 at $4.20, feed wheat slipped $3 to $4.17, while corn is down $2 at $4.13.
00:00:11.760 In the milling wheat markets, May Minneapolis futures dropped $5.25 at $8.61 per bushel, with local hard red spring bid for April movement at $10.40 per bushel delivered.
00:00:21.660 And in the canola market, nearby canola futures tank $10.70 at $7.61.80 per tonne, with delivered values for April-May movement at $1,705 per bushel.
00:00:33.620 In the pulse markets, nearby red lentils are trading at $0.35 a pound, and yellow peas remain at $12 per bushel.
00:00:41.960 Looking at the cattle markets, June live cattle dropped $0.75 at $1.62.85 per hundredweight.
00:00:48.140 For more information on pricing and picked up on-farm options, give me a call at 403-394-1711.
00:00:56.820 I'm Vera Buziak at Marketplace Commodities.
00:01:00.000 Accurate real-time marketing information and pricing options.