MPC Daily Market Update Feb 14, 2023
Episode Stats
Words per Minute
133.28912
Summary
Grains, Cattle, oilseeds, pulse, and pulse markets move in and out of range. May wheat, barley, wheat, soybeans, and canola futures all hit new highs in the afternoon trading session.
Transcript
00:00:00.960
The current Lethbridge feed grain prices are as follows.
00:00:03.680
Cash barley is up $2 at $4.20, feed wheat is unchanged at $4.43, and corn is unchanged at $442
00:00:12.480
per ton. In the milling wheat markets, March Minneapolis futures added $3.75 at $9.34,
00:00:19.600
with local hard red spring bid for March movement at $11.35 per bushel.
00:00:24.240
In the oilseeds nearby, canola futures slid $1.40 at $827.80 per ton, with delivered values
00:00:32.880
for February movement at $18.32 per bushel. In the pulse markets, nearby red lentil prices
00:00:39.600
remain at $0.30 per pound, and yellow peas are holding at $12.50 per bushel. In the cattle markets,
00:00:46.800
April live cattle dipped $0.87 and a half cents at $164.22 and a half cents per hundredweight.
00:00:54.080
I'm David Lee at Marketplace Commodities, accurate real-time marketing information and pricing options.