Western Standard - January 20, 2023


MPC Daily Market Update Jan 20, 2023


Episode Stats

Length

56 seconds

Words per Minute

130.34264

Word Count

123

Sentence Count

19


Summary

February wheat, barley, wheat, soybeans, and canola futures are trading higher in the futures markets. February live cattle futures jumped $0.55 at $156.55 per hundredweight and February soybean futures lost $9.20 at $817.50 per ton.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows.
00:00:03.580 Cashed barley is at $4.32, feed wheat is up $3 at $4.44, and corn is steady at $443 per ton.
00:00:12.060 In the milling wheat markets, March Minneapolis futures added $5.5 at $9.09,
00:00:18.080 with local hardwood spring bid for February movement at $11.50 per bushel.
00:00:23.220 In the oilseeds nearby, canola futures lost $9.20 at $817.50 per ton,
00:00:30.320 with delivered values for February at $18.31 per bushel.
00:00:35.240 In the pulse markets, nearby red lentil prices remain at $0.31 per pound,
00:00:39.480 and yellow peas are trading at $13.25 per bushel.
00:00:43.960 In the cattle markets, February live cattle jumped $0.55 at $156.55 per hundredweight.
00:00:51.160 I'm David Lee at Marketplace Commodities,
00:00:54.020 accurate real-time marketing information and pricing options.