MPC Daily Market Update Feb 17, 2023
Episode Stats
Words per Minute
136.2661
Summary
March wheat, wheat, soybeans, canola, and pulse markets mixed in the grain markets. Cattle markets were mostly higher in the morning hours, and soybeans were higher across the board as well. Feed grain prices were steady, soybean prices were higher and wheat was higher.
Transcript
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The current Lethbridge feed grain prices are as follows. Cash barley is up $3 at $4.20,
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feed wheat is steady at $4.41, and corn is unchanged at $444 per ton. In the milling wheat markets,
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March Minneapolis futures added $2.50 at $9.33, with local hard red spring bid for April movement
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at $11.60 per bushel. In the oilseeds, nearby canola futures are higher $7.40 at $830.90 per
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ton, with delivered values for March movement at $18.31 per bushel. In the pulse markets,
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nearby red lentil prices remain at $29.50 per pound, yellow peas are holding at $12.50 per bushel.
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In the cattle markets, April live cattle are up $1.15 at $165.22.50 per hundredweight.
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I'm David Lee at Marketplace Commodities, accurate real-time marketing information and pricing options.