Western Standard - December 23, 2022


MPC Daily Market Update Dec 23, 2022


Episode Stats

Length

1 minute

Words per Minute

128.47966

Word Count

140

Sentence Count

23


Summary

Feed Grain, Cattle and Soybean prices hit new record highs on Tuesday morning. Grain prices rose across the board across the grain and oilseeds markets. In the soybean markets, wheat, barley, wheat and soymeal futures gained the most, while soybean futures rose the most.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows.
00:00:03.080 Cash barley is up $2.00 at $4.48, feed wheat is steady at $4.48, and corn is up $2.00 at $457.00 per tawn.
00:00:12.200 In the milling wheat markets, March Minneapolis futures gained $7.25 at $9.29, with local hard red spring bid for Jan Fab movement at $11.55 per bushel.
00:00:23.560 In the oilseeds, nearby canola futures added $1.30 at $862.50 per tawn, with delivered values for January movement at $19.30 per bushel.
00:00:35.980 In the pulse markets, nearby red lentil prices remain at $32.50 per pound, and yellow peas are trading at $12.75 per bushel.
00:00:45.260 In the cattle markets, February live cattle are up $17.50 at $157.47 per hundredweight.
00:00:52.380 For more information on pricing and picked-up options, please call 403-394-1711.
00:01:00.000 I'm David Lee at Marketplace Commodities, accurate real-time marketing information and pricing options.