MPC Daily Market Update Apr 5, 2023
Episode Stats
Words per Minute
139.93066
Summary
Feed Grain prices range between $4.21-$10.80/bushel, soybeans, wheat, canola, and wheat, futures and options hit new highs. Cattle markets hit record highs and soybeans and wheat hit new records.
Transcript
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The current Luthbridge feed grain prices are as follows.
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Feed wheat is down $2 at $4.23 and corn is holding at $4.22 per tonne.
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Over to the milling wheat markets, May Minneapolis futures added $0.04 at $8.77 per bushel
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with local hard bread spring bid for April movement at $10.80 per bushel delivered.
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Looking at the oil seeds, nearby canola futures climbed $4.70 at $768.40 per tonne
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with delivered values for April-May movement at $16.97 per bushel.
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In the pulse markets, nearby red lentils are trading at $0.35 a pound
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And in the cattle markets, April live cattle spiked $2.35 at $170.75 per hundredweight.
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For more information on pricing and picked up on-farm options,
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accurate real-time marketing information and pricing options.