Western Standard - January 12, 2023


MPC Daily Market Update Jan 12, 2023


Episode Stats

Length

56 seconds

Words per Minute

145.40271

Word Count

136

Sentence Count

22


Summary

March wheat, barley, wheat, soybeans, canola, pulse markets, live cattle, and soybeans are all up on the day of grain delivery. In the oilseeds markets, nearby canola futures increased $8 at $9.80 per ton, soybean futures increased 8 cents at $11.55 per bushel, and wheat rose 10 cents at$9.40 per lb. February live cattle are down $0.52 at $1.57 per 100weight.


Transcript

00:00:00.000 The current Lethbridge feed green prices are as follows.
00:00:02.620 Cashed barley is at $4.37,
00:00:04.600 feed wheat is at $4.42,
00:00:06.480 and corn is wholly at $4.40 per metric ton.
00:00:09.400 In the milling wheat markets,
00:00:10.840 March Minneapolis futures gained 10.25 cents at $9.09,
00:00:15.060 with local hard red spring bids for February movement
00:00:17.480 at $11.55 per bushel.
00:00:19.680 In the oilseeds,
00:00:20.840 nearby canola futures increased $8 at $9.39.80 per ton,
00:00:25.480 with delivered values for February movement
00:00:27.560 at $18.82 per bushel.
00:00:30.000 In the pulse markets,
00:00:31.180 nearby red lentils remain at $0.33 a pound,
00:00:33.840 and yellow peas are trading at $13.50 per bushel.
00:00:37.780 In the cattle markets,
00:00:39.060 February live cattle are down $0.52,
00:00:41.680 at $1.57.22 per 100 weight.
00:00:44.900 For more information on grain marketing,
00:00:46.740 call me at 403-394-1711.
00:00:50.780 I'm Sean Smith at Marketplace Commodities,
00:00:52.860 accurate real-time marketing information and pricing options.