Western Standard - February 27, 2023


MPC Daily Market Update Feb 24, 2023


Episode Stats

Length

58 seconds

Words per Minute

131.5519

Word Count

128

Sentence Count

19


Summary

Lethbridge Feed Grain prices drop across the board across the grain and oilseeds markets. In the grain markets, wheat, corn, soybeans, and canola futures are all down. Cattle markets are also slumping.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows.
00:00:03.340 Cash barley is down $1 at $4.19, feed wheat is down $3 at $4.35, and corn is down $4 at $438 per ton.
00:00:13.300 In the milling wheat markets, Maine Minneapolis futures are down $0.20 at $8.88, with local
00:00:19.540 hardwood spring bid for April movement at $11.25 per bushel.
00:00:23.720 In the oilseeds nearby, canola futures are up $0.60 at $823.30 per ton, with delivered
00:00:31.860 values for March-April at $18.25 per bushel.
00:00:36.080 In the pulse markets nearby, red lentil prices are trading at $0.33 per pound, and yellow peas
00:00:41.740 are at $12.50 per bushel.
00:00:44.800 In the cattle markets, April live cattle slid $0.25 at $165.75 per hundredweight.
00:00:52.420 I'm David Lee at Marketplace Commodities, Acute Real-Time Marketing Information and Pricing
00:00:57.920 Options.