Western Standard - February 22, 2023


MPC Daily Market Update Feb 22, 2023


Episode Stats

Length

1 minute

Words per Minute

144.78764

Word Count

150

Sentence Count

25


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

00:00:00.240 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,
00:00:39.240 and yellow peas remain at $12.50 per bushel.
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.
00:00:56.640 I'm Matt Busicum at Marketplace Commodities.
00:00:59.000 Accurate real-time marketing information and pricing options.