Western Standard - February 15, 2023


MPC Daily Market Update Feb 15, 2023


Episode Stats


Length

1 minute

Words per minute

162.18561

Word count

187

Sentence count

28


Summary

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

Falling wheat, grains, oilseeds, soybeans, cattle, and soybeans are all in the red this morning. The only thing trading sideways is the pulse markets, which are holding at $0.30-$12.50 per pound.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.240 When I pulled up the commodity markets this morning, it looked like a federal election result map for ridings in Toronto.
00:00:07.540 Everything's down and red this morning.
00:00:10.000 Cash barley is down $3 a ton to $4.17 per metric.
00:00:13.820 Feed wheat's down $2 a ton to $4.41 per metric.
00:00:17.220 And corn's unchanged at $4.42 per metric.
00:00:20.640 Moving to the milling wheat markets, March Minneapolis futures are down $0.10 to $9.22 a bushel,
00:00:25.780 with local hard red spring bid for March movement at $11.25 per bushel delivered.
00:00:31.000 In the oilseeds, nearby canola futures are also down $3 a ton to $8.23.10 per ton,
00:00:37.380 with delivered values for February movement at $18.21 per bushel.
00:00:41.500 The only thing trading sideways right now are the pulse markets.
00:00:44.060 Red lentils remain at $0.30 per pound, and yellow peas are holding at $12.50 a bushel.
00:00:49.360 Finishing up with the cattle markets, April live cattle also are down $0.60.
00:00:53.940 $2.160.408 per hundred weight.
00:00:57.520 For more information on pricing and picked up on farm options,
00:01:00.440 give me a call at 403-394-1711.
00:01:04.240 I'm Mike Van Dyke at Marketplace Commodities.
00:01:06.620 Accurate real-time marketing information and pricing options.