MPC Daily Market Update Feb 7, 2023
Episode Stats
Words per Minute
144.15584
Summary
Grains, Soybeans, Cattle Futures, Oilseeds, and Pulses all hit record highs on Tuesday morning. Soybeans and Soybeans hit new record highs, while wheat, corn, and wheat futures hit new highs. Cattle futures and soybeans held steady, while oilseeds and pulse markets held steady.
Transcript
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The current Lothbridge feed grain prices are as follows, cash barley is down $1 at $4.19,
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feed wheat dropped $2 at $4.36, while corn is holding at $4.40.
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Over to the milling wheat markets, March Minneapolis futures increased $3.10 at $9.20 a bushel,
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with local hard red spring bid for Feb-March movement at $11.35 per bushel delivered.
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Looking at the oil seeds, nearby canola futures are up $1.40 at $834.90 per ton, with delivered
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values for Feb-March movement at $18.48 per bushel.
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In the pulse markets, nearby red lentils are unchanged at $0.30 a pound, and yellow peas are
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And in the cattle markets, April live cattle slip $0.70 at $1.63.77 per hundredweight.
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For more information on pricing and picked up on-farm options, give me a call at 403-394-1711.
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I'm Vera Buziak at Marketplace Commodities, accurate real-time marketing information and