Western Standard - December 07, 2022


MPC Daily Market Update Dec 7, 2022


Episode Stats

Length

1 minute

Words per Minute

132.7609

Word Count

134

Sentence Count

19


Summary

Daily grain prices, wheat, soybeans, canola, and wheat futures are all trading higher in the grain markets. Cattle markets are little changed, and soybeans and wheat are rising in the oilseeds and pulse markets.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are unchanged, with cash barley at $4.45, feed wheat at $4.56, and corn at $457 per tonne.
00:00:09.980 In the milling wheat markets, March Minneapolis futures are up $0.06 at $9.02, with local hardwood spring bid for December movement at $11.45 per bushel.
00:00:19.320 In the oilseeds, nearby canola futures are up $11.70 at $851.40 per tonne, with delivered values for December at $19.08 per bushel.
00:00:31.600 In the pulse markets, nearby red lentil prices remain at $0.33 per pound, and yellow peas are trading at $12.75 per bushel.
00:00:39.880 In the cattle markets, February live cattle are unchanged at $153.62.5 per hundredweight.
00:00:46.680 For more information and picked up on-farm price options, give me a call at 403-394-1711.
00:00:55.120 I'm David Lee at Marketplace Commodities, accurate real-time marketing information and pricing options.