Western Standard - August 11, 2023


MPC Daily Market Update Aug 11, 2023


Episode Stats

Length

1 minute

Words per Minute

142.34694

Word Count

186

Sentence Count

26


Summary

Things are mostly down in the futures markets today. The USDA report that came out at about 10 o'clock here didn't add much excitement to the markets. Let's take a look at a few of these prices here.


Transcript

00:00:00.560 Things are mostly down in the futures markets today. The USDA report that came out at about
00:00:05.520 10 o'clock here didn't add too much excitement. Let's take a look at a few of these prices here.
00:00:10.000 Cash barley is down $3.00 to $3.77 per metric. Feed wheat is unchanged at $3.83 per metric.
00:00:16.480 And corn is down $2.00 to $3.84 per metric. Moving to the milling wheat markets,
00:00:21.200 September Minneapolis futures moved up 3 cents to $8.20 per bushel,
00:00:25.520 with local hard red spring bid for August movement at $10.25 per bushel delivered.
00:00:30.480 In the oilseeds, nearby canola futures slid $7.40 to $765.80 per metric ton,
00:00:38.160 with delivered values for August-September movement at $17.30 per bushel.
00:00:43.040 Continuing on to the pulse markets, nearby red lentils are trading at $0.32 per pound,
00:00:47.600 and yellow peas are at $10.70 per bushel. Finishing up with the cattle markets,
00:00:52.400 October live cattle slipped $0.45 to $182.075 per hundredweight.
00:00:58.480 For more information on pricing and picked up on farm options, give me a call at 403-394-1711.
00:01:05.280 I'm Mike Van Dyke at Marketplace Commodities,
00:01:07.440 accurate real-time marketing information and pricing options.