Western Standard - January 27, 2023


MPC Daily Market Update Jan 27, 2023


Episode Stats

Length

55 seconds

Words per Minute

138.82863

Word Count

128

Sentence Count

19


Summary

March wheat, barley, wheat, soybeans, and canola futures are all up on the day. February live cattle prices are up $12.50 at $156.85 per hundredweight. In the pulse markets, nearby red lentil prices are trading at $0.30 per pound and yellow peas are holding at $1250 per bushel.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows. Cash barley is steady at $4.25, feed wheat is holding at $4.44, and corn is up $2 at $445 per tonne.
00:00:11.420 In the milling wheat markets, March Minneapolis futures increased $3.5 at $9.21, with local hard red spring bid for Feb-March movement at $11.43 per bushel.
00:00:21.960 In the oilseeds nearby, canola futures gained $7.70 at $813.80 per tonne, with delivered values for Feb-March movement at $18.23 per bushel.
00:00:33.960 In the pulse markets, nearby red lentil prices are trading at $0.30 per pound, and yellow peas are holding at $12.50 per bushel.
00:00:42.000 In the cattle markets, February live cattle are up $12.50 at $156.85 per hundredweight.
00:00:49.440 I'm David Lee at Marketplace Commodities, accurate real-time marketing information and pricing options.