MPC Daily Market Update Aug 29, 2023
Episode Stats
Words per Minute
181.33333
Summary
Feed Grain prices steady, soybeans rise, wheat holds steady, canola adds $5, and wheat holds at $7.64/bushel. Looking at the cattle markets, October live cattle inched up $0.125 at $1.8167/100weight, and soybeans rose $5.30/tons at $814.60/tons.
Transcript
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The current Lothbridge feed grain prices are as follows.
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Cache barley is steady at $3.50, feed wheat is down $4 at $3.65, while corn is holding at $3.67.
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In the milling wheat markets, September Minneapolis futures are unchanged at $7.64 per bushel,
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with local hard red spring bid for September movement at $9.70 per bushel delivered.
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Over to the oilseeds, nearby canola futures increased $5.30 at $814.60 per tonne,
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with delivered values for September movement at $18.13 per bushel.
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The pulse markets, red lentils are holding at $0.33 a pound, and yellow peas remain at $11 per bushel.
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Looking at the cattle markets, October live cattle inched up $0.125 at $1.8167 per hundredweight.
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For more information on pricing and picked up on-farm options, give me a call at 403-394-1711.
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