MPC Daily Market Update Dec 2, 2022
Episode Stats
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94.853905
Summary
Grains, Oilseeds, Livestock, and Pulses all hit new records on Tuesday morning. Grain prices rose across the board, with wheat, corn, soybeans, and canola all hitting new record highs.
Transcript
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The current Lethbridge feed grain prices are as follows.
00:00:02.920
Cash barley remains at $4.50, feed wheat is steady at $4.64, and corn is unchanged at $4.57 per tonne.
00:00:10.620
In the milling wheat markets, March Minneapolis futures dipped $0.115 at $9.26,
00:00:16.080
with local hard red spring bid for January movement at $11.75 per bushel delivered.
00:00:21.460
Over to the oil seeds, nearby canola futures spiked $24.70 at $839.50 per tonne,
00:00:28.780
with delivered values for December movement at $18.81 per bushel.
00:00:33.060
In the pulse markets, nearby red lentils are sideways at $0.33 a pound,
00:00:40.880
And in the cattle markets, February live cattle climbed $0.62.5 at $1.56.05 per hundredweight.
00:00:47.860
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.