MPC Daily Market Update Dec 8, 2022
Episode Stats
Words per Minute
152.8103
Summary
Latest update on commodity prices around Lethbridge, Alberta. No big moves in wheat, barley, feed wheat, corn, or soybeans. Cattle, wheat, and pulse markets holding steady, and oilseeds, soybeans, and canola rising.
Transcript
00:00:00.000
Here's an update on the current commodity prices around Lethbridge.
00:00:03.340
Nothing's really happening to enhance any of the feed grains,
00:00:06.120
so we have cash barley remaining at $4.45 per metric,
00:00:09.980
feed wheat's holding steady at $4.56, and corn's holding at $4.57 per metric.
00:00:15.300
Moving to the milling wheat markets, March Minneapolis futures are up $0.06 to $9.08 per bushel,
00:00:21.120
with local hard red spring bid for February movement at $11.38 per bushel delivered.
00:00:26.380
In the oilseeds, nearby canola futures are up $3.90 to $8.56.30 per ton,
00:00:33.120
with delivered values for January movement at $19.20 per bushel.
00:00:37.680
Continuing to the pulse markets, they're holding steady as well,
00:00:41.220
with red lentil prices remaining at $0.33 per pound,
00:00:45.420
and yellow peas are trading at $12.75 per bushel.
00:00:50.800
February live cattle are up $0.32.50 to $1.53.88 per hundredweight.
00:00:56.380
For more information on pricing and picked up on farm options,
00:01:05.780
accurate real-time marketing information and pricing options.