Western Standard - February 03, 2023


MPC Daily Market Update Feb 2, 2023


Episode Stats


Length

1 minute

Words per minute

152.73064

Word count

165

Sentence count

30


Summary

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

March wheat, barley, feed wheat, pulse markets, cattle markets, oilseed markets, soybeans, canola, wheat, and soybeans are all stable to down a few cents per lb. In the feed grain markets, wheat is down $3.00 at $4.20, wheat futures are lower at $9.22 per bushel, and wheat futures for May are steady at $10.41 per metric ton in the milling wheat markets. April live cattle futures gained $1.12 per 100weight, while soybeans and canola were all steady.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 The current Lethbridge feed grain prices are as follows.
00:00:02.940 Cash barley is down $3.00 at $4.20, feed wheat is down $2.00 at $4.38, and corn is steady at $4.41 per metric ton.
00:00:10.480 In the milling wheat markets, March Minneapolis futures are lower 3.5 cents at $9.22,
00:00:16.320 with local hardwood spring bids for February-March movement at $11.40 per bushel.
00:00:21.120 In the oil seeds, nearby canola futures lost $1.70 at $8.2630 per ton,
00:00:26.680 with delivered values for February movement at $1.828 per bushel.
00:00:31.140 In the pulse markets, nearby red lentils are holding at $0.30 a pound,
00:00:35.440 and yellow peas are unchanged at $1.250 per bushel.
00:00:38.720 In the cattle markets, April live cattle gained $1.12 at $1.6335 per 100 weight.
00:00:45.440 For more information on grain marketing, call me at 403-394-1711.
00:00:52.280 I'm Sean Smith at Marketplace Commodities.
00:00:54.440 Accurate real-time marketing information and pricing options.
00:00:58.200 The current Let's Bridge feed grain prices are as follows.
00:01:00.700 Cash barley is down $3.00 at $4.20, feed wheat is down $2.00 at $4.30.