Western Standard - January 17, 2023


MPC Daily Market Update Jan 17, 2023


Episode Stats

Length

1 minute

Words per Minute

138.96713

Word Count

148

Sentence Count

21


Summary

February wheat, barley, wheat, canola, pulse, and cattle prices are all down on the day. Feed grain prices are down across the board, while soybeans, corn, and wheat are all holding steady. In the pulse markets, nearby red lentils are holding at $0.33 a pound, and yellow peas are unchanged at $13.50 per bushel. Cattle markets are down $1.37 a pound and soybeans are down 0.70 a pound.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows.
00:00:02.740 Cashed barley is down $2 at $4.33.
00:00:05.820 Feed wheat slipped $1 at $4.41, while corn is unchanged at $4.43.
00:00:11.980 Over to the mailing wheat markets, March Minneapolis futures are flat at $9.13 a bushel,
00:00:17.320 with local hard bread spring bid for February movement at $11.55 per bushel delivered.
00:00:23.240 Looking at the oil seeds, nearby canola futures are $0.70 lower at $840.20 per tonne,
00:00:29.020 with delivered values for February movement at $18.60 per bushel.
00:00:33.860 In the pulse markets, nearby red lentils are holding at $0.33 a pound,
00:00:38.220 and yellow peas are unchanged at $13.50 per bushel.
00:00:42.140 And in the cattle markets, February live cattle decreased $1.37 at $1.5635 per hundredweight.
00:00:50.000 For more information on pricing and picked up on-farm options, give me a call at 403-394-1711.
00:00:56.900 I'm Vera Boziak at Marketplace Commodities, accurate real-time marketing information and pricing options.