Western Standard - February 28, 2023


MPC Daily Market Update Feb 28, 2023


Episode Stats

Length

55 seconds

Words per Minute

143.11334

Word Count

133

Sentence Count

21


Summary

Grains, Cattle, Oilseeds, Pulsals, Grains and Grains futures markets are trading in a range of ranges across the wheat, barley, wheat, corn, soybeans, soymeal and canola markets.


Transcript

00:00:00.000 The current Lethbridge feed green prices are as follows, cash barley's at $4.15, feed wheat's at $4.30, and corn's also at $4.30 per metric ton.
00:00:09.540 In the milling wheat markets, May Minneapolis futures lost a penny at $8.67, with local hard red spring bids for April movement at $11.30 per bushel.
00:00:19.600 In the oilseeds, nearby canola futures are down $8.10 at $8.15.60 per ton, with delivered values from March-April movement at $18.04 per bushel.
00:00:31.340 In the pulse markets, nearby red lentils are trading at $0.33 a pound, and yellow peas remain at $12.50 per bushel.
00:00:38.700 In the cattle markets, April live cattle gained $0.40 at $1.65.37 per 100 weight.
00:00:44.900 For more information on grain marketing, call me at 403-394-1711.
00:00:51.040 I'm Sean Smith at Marketplace Commodities, accurate real-time marketing information and pricing options.