Western Standard - December 06, 2022


MPC Daily Market Update Dec 6, 2022


Episode Stats


Length

53 seconds

Words per minute

146.36871

Word count

131

Sentence count

19


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Grain markets continue to decline across the grain and oilseeds markets. Grain prices have hit multi-month lows and soybean prices have dropped in the past week. In the wheat markets, wheat futures have dropped 4 cents, soybeans have dropped 5 cents, and canola has dropped 1.40 cents. Cattle markets have dropped $1.92, and wheat has dropped 2 cents.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 The current Lethbridge feed grain prices are as follows,
00:00:02.560 cash parties at $4.45, feedweeds at $4.56,
00:00:06.360 and corns at $4.50 per metric ton.
00:00:08.940 In the milling wheat markets,
00:00:10.440 March Minneapolis futures lost four cents at $8.98,
00:00:14.180 with local hard red spring bids for December movement
00:00:16.760 at $11.40 per bushel.
00:00:18.640 In the oilseeds, nearby canola futures are down $1.40
00:00:22.400 at $8.5760, with delivered values
00:00:25.260 for December movement at $19.22 per bushel.
00:00:28.520 In the pulse markets,
00:00:29.940 nearby red lentils are holding at 33 cents a pound,
00:00:32.800 and yellow peas are trading at $12.75 per bushel.
00:00:36.200 In the cattle markets,
00:00:37.500 February live cattle dropped $1.92 at $1.53.90 per 100 weight.
00:00:43.120 For more information on grain marketing,
00:00:44.940 call me at 403-394-1711.
00:00:48.760 I'm Sean Smith at Marketplace Commodities,
00:00:50.760 accurate real-time marketing information and pricing options.