Western Standard - August 17, 2023


MPC Daily Market Update Aug 17, 2023


Episode Stats

Length

1 minute

Words per Minute

129.27191

Word Count

145

Sentence Count

21


Summary

Grains, Cattle, oilseeds, pulse markets, soybeans, wheat, soymeal, and canola all move up on the day of settlement. Feed Grain futures, soybean futures, wheat futures, and soymeal futures are all higher. Cattle and soybean markets are all steady.


Transcript

00:00:00.000 The current Lothbridge feed grain prices are as follows.
00:00:05.280 Cash barley is steady at $3.75, feed wheat is unchanged at $3.79, while corn moved up
00:00:11.680 $1 at $3.84.
00:00:14.280 In the milling wheat markets, September Minneapolis futures dropped 4 cents at $7.87 per bushel,
00:00:20.160 with local hard red spring bid for August movement at $9.95 per bushel delivered.
00:00:25.900 Over to the oilseeds, nearby canola futures increased $10.30 at $801 per ton, with delivered
00:00:33.540 values for August-September movement at $1,782 per bushel.
00:00:38.060 The pulse markets are unchanged, with red lentils at $0.32.50 a pound and yellow peas trading
00:00:43.580 at $10.20 per bushel.
00:00:46.980 Looking at the cattle markets, October live cattle are down $0.92.50 at $1.78.35 per hundredweight.
00:00:53.940 For more information on pricing and picked up on-farm options, give me a call at 403-394-1711.
00:01:01.140 I'm Vera Buziak at Marketplace Commodities, accurate real-time marketing information and
00:01:06.140 pricing options.