MPC Daily Market Update Jan 3, 2023
Episode Stats
Words per Minute
135.6457
Summary
Grains, Cattle, oilseeds, pulse markets, soybeans, wheat, canola, and soybeans are all down on the day. Feed grain prices have dropped across the board and soybean futures are the worst of the bunch. Cattle prices have tanked as well.
Transcript
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The current Lothbridge feed grain prices are as follows.
00:00:06.440
Feed wheat decreased $2 at $4.48, while corn is down $2 at $4.57.
00:00:12.120
Over to the milling wheat markets, March Minneapolis futures slipped $0.17 to $9.21 per bushel,
00:00:17.600
with local hard red spring bid for Jan-Feb movement at $11.55 per bushel delivered.
00:00:23.300
Looking at the oil seeds, nearby canola futures gained $6.70 at $8.72.50 per ton,
00:00:30.680
with delivered values for February movement at $19.56 per bushel.
00:00:35.960
In the pulse markets, nearby red lentils are at $0.32.50 a pound,
00:00:40.440
and yellow peas are trading at $12.75 per bushel.
00:00:44.000
And in the cattle markets, February live cattle tanked $1.02 at $1.56.87 per hundredweight.
00:00:50.740
For more information and picked up on farm options,
00:01:01.660
accurate real-time marketing information and pricing options.