Western Standard - August 15, 2023


MPC Daily Market Update Aug 15, 2023


Episode Stats

Length

58 seconds

Words per Minute

136.54892

Word Count

134

Sentence Count

24


Summary

Grain markets continue to move in a range of ranges across the grain and oilseeds markets. In the grain markets, wheat, corn, soybeans, and wheat futures continue to climb; in the cattle markets, prices gained; and in the soybean markets, soybean futures held steady.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows. Cashed barley is at $3.75, feed wheat is at $3.79, and corn sitting at $3.82 per metric ton.
00:00:10.180 In the milling wheat markets, September Minneapolis futures lost $0.1025 at $7.95, with local hard red spring bids for August moving at $10.05 per bushel.
00:00:20.280 In the oilseeds, nearby canola futures increased $13.50 at $7.84.30 per ton, with deliberate values for August-September movement at $17.44 per bushel.
00:00:32.740 In the pulse markets, nearby red lentils are holding at $0.32.50 a pound, and yellow peas are trading at $10.20 per bushel.
00:00:40.700 In the cattle markets, October live cattle gained $0.07 at $1.84.75 per 100 weight.
00:00:47.180 For more information on grain marketing, call me at 403-394-1711.
00:00:53.820 I'm Sean Smith at Marketplace Commodities, accurate real-time marketing information and pricing options.