Western Standard - February 16, 2023


MPC Daily Market Update Feb 16, 2023


Episode Stats

Length

58 seconds

Words per Minute

158.7517

Word Count

156

Sentence Count

25


Summary

Latest update on commodity prices in Lethbridge for today. Cash barley is unchanged, feed wheat is steady at $4.41, corn is up $2 at$4.44 per metric ton, wheat is higher at $9.30 per bushel, canola is up 40 cents at $8.23 per lb, and soybeans are holding at $12.50 per lb. Cattle markets are lower $0.52 at $1.08 per hundred weight.


Transcript

00:00:00.000 Here's an update on commodity prices in Lethbridge for today.
00:00:03.380 Cash barley is unchanged at $4.17, feed wheat is steady at $4.41, corn is up $2 at $4.44 per metric ton.
00:00:11.700 In the milling wheat markets, March Minneapolis futures out at 5.5 cents at $9.30 per bushel,
00:00:17.120 with local hardware at spring bid for April movement at $11.55 per bushel.
00:00:21.700 Looking at canola, nearby futures are higher 40 cents at $8.23.50 per ton,
00:00:27.120 with delivered values for March movement at $18.21 per bushel.
00:00:31.660 In the pulse markets, nearby red lentil prices slip to half a cent at $0.29.5 cents per pound,
00:00:37.140 and yellow peas are holding at $12.50 per bushel.
00:00:40.520 And in the cattle markets, April live cattle are lower $0.52.5 cents at $1.64.08 per hundred weight.
00:00:46.900 For more information on pricing or picked up options, give me a call at 403-394-1711.
00:00:53.320 I'm Matt Busicum at Marketplace Commodities.
00:00:55.580 Accurate real-time marketing information and pricing options.