Western Standard - December 01, 2022


MPC Daily Market Update Dec 1, 2022


Episode Stats

Length

1 minute

Words per Minute

121.12082

Word Count

134

Sentence Count

19


Summary

Grains, Cattle, Soybeans, Oilseeds, Pulses, Seeds, and Grains are all down across the grain and oilseed markets. In the grain markets, wheat, soybeans, corn, and soymeal are all falling, while soybean futures are trading below $10 per bushel. Cattle and soybeans are falling below $155 per hundredweight and $14.60 per pound respectively in the soybean markets.


Transcript

00:00:00.640 The current Lethbridge feed grain prices are unchanged with cash barley at $4.50, feed wheat at $4.64, and corn at $457 per ton.
00:00:12.220 In the milled wheat markets, March Minneapolis futures are down $4.75 at $9.36, with local heart rate spring bid for December movement at $11.70 per bushel.
00:00:23.060 In the oil seeds, nearby canola futures are down $14.60 at $830.90 per ton, with delivered values for December movement at $18.61 per bushel.
00:00:36.580 In the pulse markets, nearby red lentil prices remain at $0.33 per pound, and yellow peas are trading at $12.75 per bushel.
00:00:45.320 In the cattle markets, February live cattle slid $0.40 at $155.27 per hundredweight.
00:00:53.060 For more information on pricing and picked up options, please call 403-394-1711.
00:01:00.420 I'm David Lee at Marketplace Commodities, accurate real-time marketing information and pricing options.