Western Standard - April 04, 2023


MPC Daily Market Update Apr 4, 2023


Episode Stats

Length

56 seconds

Words per Minute

136.07143

Word Count

127

Sentence Count

18


Summary

Feed Grain Futures and Cattle Futures Update May wheat, corn, soybeans, wheat, soymeal, canola, and wheat futures are all steady in the current market setting. May soybean futures are flat at $8.95/10.95 per bushel, and soymeal futures slipped $5.40/5.50 at $10.90/11.00/12. In the oilseeds markets, nearby canola futures slipped 5.40-$15.40 at $771/771 per tonne and soybeans remain at $12.10/15.30/16. Cattle markets added $17.50/171.30 at $168.30 per 100weight.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows, cash barley is up $2.00 at $4.21, feed wheat is up $5.00 at $4.25, and corn is steady at $422.00 per tonne.
00:00:12.000 In the milling wheat markets, May Minneapolis futures are flat at $8.95, with local hardwood spring bid for April movement at $10.90 per bushel.
00:00:22.000 In the oilseeds, nearby canola futures slipped $5.40 at $771 per tonne, with delivered values for April-May movement at $17.10 per bushel.
00:00:35.000 In the pulse markets, nearby red lentil prices are trading at $0.34 per pound, and yellow peas remain at $12 per bushel.
00:00:43.000 In the cattle markets, April live cattle added $17.50 at $168.30 per 100 weight.
00:00:51.000 I'm David Lee at Marketplace Commodities, accurate real-time marketing information and pricing options.