MPC Daily Market Update Feb 22, 2023
Episode Stats
Words per Minute
144.78764
Summary
Latest update on commodity prices from Lethbridge where it's currently minus 23.5 cents per pound for wheat, barley, wheat, canola, and wheat futures. In the pulse markets, nearby red lentil prices are lower, 0.5 cent lower at $0.29 per pound, and yellow peas remain at $12.50 per bushel. Cattle markets added 0.7 cents at $1.65 per hundredweight.
Transcript
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Here's an update on commodity prices from Lethbridge, where it's currently minus 23.
00:00:05.000
Cash barley remains at $4.20, feed wheat is steady at $4.41, and corn is unchanged at $4.44 per metric ton.
00:00:13.220
In the milling wheat markets, May Minneapolis futures are lower, 8.5 cents, at $9.10 per bushel,
00:00:19.060
with local hard red spring bid for April movement at $11.55.
00:00:23.320
Looking at canola, nearby canola futures are higher, 60 cents, at $8.32.50 per ton,
00:00:29.000
with delivered eyes for March-April at $18.45 per bushel.
00:00:33.840
In the pulse markets, nearby red lentil prices are lower, 0.5 a cent, at $0.29 per pound,
00:00:42.660
In the cattle markets, April live cattle added $0.7.5 at $1.65.18 per hundredweight.
00:00:49.260
For more information on pricing or picked up options, give me a call at 403-394-1711.
00:00:59.000
Accurate real-time marketing information and pricing options.