Western Standard - August 10, 2023


MPC Daily Market Update Aug 10, 2023


Episode Stats

Length

58 seconds

Words per Minute

134.34378

Word Count

130

Sentence Count

18


Summary

Grains, Cattle, oilseeds, and pulse markets mixed across the day in the futures markets. Today's wheat, corn, soybeans, and wheat futures are mostly higher, while soymeal and canola futures are all down.


Transcript

00:00:00.000 The current Luthridge feed grain prices are as follows, cash barley is down $3 at $3.85, feed wheat is down $3 at $3.87, and corn is steady at $386 per ton.
00:00:12.020 In the milling wheat market, September Minneapolis futures gained 3.5 cents at $8.23, with local hard red spring bid for August movement at $10.20 per bushel.
00:00:22.520 In the oilseeds nearby, canola futures are down $1.70 at $774.20 per ton, with delivered values for August-September movement at $17.40 per bushel.
00:00:35.920 In the pulse markets nearby, red lentil prices are trading at $0.32 per pound, and yellow peas are holding at $10.70 per bushel.
00:00:44.820 In the cattle markets, October live cattle added $1.45 at $180.40 per hundredweight.
00:00:51.840 I'm David Lee at Marketplace Commodities, accurate real-time marketing information and pricing options.