Western Standard - December 09, 2022


MPC Daily Market Update Dec 9, 2022


Episode Stats

Length

1 minute

Words per Minute

131.89897

Word Count

141

Sentence Count

24


Summary

Feed Grain prices drop across the wheat and soybean markets. Canola futures drop $2.20 at $8.58/tons, wheat drops $4.5 at $9.05/bushel and soybeans at $12.75/tons. Cattle prices increase $1.67/100weight.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows.
00:00:04.760 Cache barley is at $4.45, feed wheat at $4.56, and corn is at $4.57 per tonne.
00:00:11.840 Over the milling wheat markets, March Minneapolis futures slid $4.5 to $9.05 per bushel, with
00:00:17.760 local hard red spring bid for Jan-Feb movement at $11.83 per bushel delivered.
00:00:23.240 Trading at the oilseeds, nearby canola futures dropped $2.20 at $8.58.90 per tonne, with
00:00:30.060 delivered values for January movement and $19.25 per bushel.
00:00:34.640 In the pulse markets, nearby red lentils remain at $0.33 a pound, and yellow peas are trading
00:00:39.980 at $12.75 per bushel.
00:00:42.420 And in the cattle markets, February live cattle increased $1.67.5 at $1.55.60 per hundredweight.
00:00:50.480 For more information on pricing and picked up on-farm options, give me a call at 403-394-1711.
00:00:58.440 I'm Vera Buziak at Marketplace Commodities, accurate real-time marketing information and
00:01:03.140 pricing options.