Western Standard - December 21, 2022


MPC Daily Market Update Dec 21, 2022


Episode Stats

Length

1 minute

Words per Minute

160.65912

Word Count

260

Sentence Count

48


Summary

Here's a quick update on the current commodity prices around Lethbridge. Cold weather isn't helping to freeze prices, but it is helping to push up futures and options prices. Here's a look at wheat, barley, corn, soybeans, soymeal, and wheat futures.


Transcript

00:00:00.000 Here's an update on the current commodity prices around Lethbridge.
00:00:02.860 This cold weather isn't able to freeze the prices in place,
00:00:05.440 with cash barley being up $2 a tonne to $4.40 per metric,
00:00:09.200 feed wheat's unchanged at $4.43 per metric,
00:00:11.820 and corn is up $3 a tonne to $4.50 per metric.
00:00:15.440 Moving to the milling wheat markets,
00:00:17.200 March Minneapolis futures are up 5 cents as well to $9.21 per bushel,
00:00:22.100 with local hard red spring bid for a Jan Feb movement at $11.50 per bushel delivered.
00:00:26.680 In the oilseeds market, canola is off $1 a tonne to $8.53.20 per tonne,
00:00:32.920 with delivered values for January movement at $19 per bushel.
00:00:37.200 Continuing to the pulse markets,
00:00:39.040 nearby red lentils remain at $0.32.5 per pound,
00:00:42.640 and yellow peas are trading at $12.75 per bushel.
00:00:46.320 Taking a quick look at the cattle markets,
00:00:48.320 February live cattle moved up $1.30 to $1.56.80 per hundredweight.
00:00:52.960 For more information on pricing and picked up on farm options,
00:00:56.940 give me a call at 403-394-1711.
00:01:00.640 I'm Mike Van Dyke at Marketplace Commodities.
00:01:03.460 Accurate real-time marketing information and pricing options.
00:01:06.500 Merry Christmas, everybody.
00:01:07.520 Merry Christmas, everybody.
00:01:07.700 Merry Christmas, everybody.
00:01:08.100 Merry Christmas, everybody.
00:01:08.180 Merry Christmas, everybody.
00:01:08.980 Merry Christmas, everyone.
00:01:09.320 Merry Christmas, everybody.
00:01:10.220 Merry Christmas, everyone.
00:01:12.000 Merry Christmas, everybody.
00:01:12.460 Merry Christmas, everybody.
00:01:13.320 Merry Christmas, everybody.
00:01:14.820 Merry Christmas, everyone.
00:01:15.080 Merry Christmas, everybody.
00:01:16.260 Merry Christmas, everybody.
00:01:16.740 Merry Christmas, everybody.
00:01:18.220 Merry Christmas, everybody.
00:01:18.400 Merry Christmas, everybody.
00:01:19.740 Merry Christmas, everybody.
00:01:20.900 Merry Christmas, everybody.
00:01:22.840 Merry Christmas, everybody.
00:01:24.520 Merry Christmas, everybody.
00:01:26.320 Merry Christmas, everybody.
00:01:29.320 Merry Christmas, everybody.
00:01:31.200 Merry Christmas, everybody.
00:01:32.200 Merry Christmas, everybody.
00:01:33.760 Merry Christmas, everybody.