MPC Daily Market Update Dec 16 2022
Episode Stats
Words per Minute
147.21486
Summary
Grains, Cattle, Soybeans, Oilseeds, Pulses, Cows, Grains and Soybeans are all down across the board in the feed grain and soybean markets. Feed grain futures, soybeans, corn, wheat, soymeal, soy oil, and soymeal futures are all in the $1.50-$1.60 range.
Transcript
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The current Lethbridge feed grain prices are as follows.
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Feed wheat is steady at $4.45, and corn is down $2 at $4.50 per tonne.
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Over to the milling wheat markets, March Minneapolis futures slid $8.25 to $9.10 per bushel,
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with local hard red spring bid for Jan-Feb movement at $11.65 per bushel delivered.
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Looking at the oil seeds, nearby canola futures dropped $3.60 at $8.55.20 per tonne,
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with delivered values for January movement at $19.16 per bushel.
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In the pulse markets, nearby red lentils remain at $0.33 a pound,
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and yellow peas are trading at $12.75 per bushel.
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And in the cattle markets, February live cattle jumped $0.50 at $1.55.35 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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accurate real-time marketing information and pricing options.