Western Standard - December 20, 2022


MPC Daily Market Update Dec 20, 2022


Episode Stats

Length

1 minute

Words per Minute

117.717

Word Count

132

Sentence Count

17


Summary

March wheat, wheat, soybeans, and canola futures advance, while February live cattle prices fall, soybean prices remain flat, and wheat and soymeal futures drop. In the pulse markets, nearby red lentil prices remain at $0.335 per pound, and yellow peas are trading at $12.75 per bushel.


Transcript

00:00:00.720 The current Lethbridge feed grain prices are unchanged, with cash barley at $4.38, feed wheat at $4.43, and corn at $457 per ton.
00:00:12.580 In the milling wheat markets, March Minneapolis futures gained $0.066 at $9.14 per bushel, with local hard red spring did for Jan-fed movement at $11.45 per bushel.
00:00:24.620 In the oilseeds nearby, canola futures dipped $2 at $843.90 per ton, with delivered values for January movement at $19 per bushel.
00:00:36.300 In the pulse markets, nearby red lentil prices remain at $0.335 per pound, and yellow peas are trading at $12.75 per bushel.
00:00:46.320 In the cattle markets, February live cattle slid $0.325 at $155.72 per hundredweight.
00:00:53.860 For more information on pricing and picked-up options, please call 403-394-1711.
00:01:01.620 I'm David Lee at Marketplace Commodities, accurate real-time marketing information and pricing options.