MPC Daily Market Update Aug 28, 2023
Episode Stats
Words per Minute
164.32463
Summary
There's a lot of variety and price movement in the markets today, but not necessarily a whole lot going on. You'll understand what I mean when we go through some of the pricing. Today's market action includes wheat, soybeans, corn, soymeal, wheat, canola, pulse, and cattle markets.
Transcript
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We've got lots of variety and price movement in the markets today, but not necessarily a whole lot going on.
00:00:05.700
You'll understand what I mean when we go through some of these pricing.
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There's cash barley holding at $3.50 per metric, feed wheat steady at $3.69 per metric, and corn is holding at $3.67 per metric.
00:00:19.900
Moving to the milling wheat market, September Minneapolis futures slid $0.11 to $7.64 per bushel,
00:00:25.520
with local hard red spring bid for August movement at $10.48 per bushel delivered.
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In the oil seeds, nearby canola futures rose slightly by $2.60 to $813.90 per metric ton,
00:00:39.060
with delivered values for September movement at $18.15 per bushel.
00:00:43.300
Continuing on to the pulse markets, nearby red lentil prices are holding at $0.33 per pound,
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Finishing up with the cattle markets, October live cattle are up $0.72 to $1.819 per hundredweight.
00:00:57.560
For more information on pricing and picked up on farm options, give me a call at 403-394-1711.
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accurate real-time marketing information and pricing options.