MPC Daily Market Update Jan 30, 2023
Episode Stats
Words per minute
150.14793
Summary
Commodities markets look like the start line at a quarter mile racetrack. All lights are showing green. Canola, soybeans, wheat, barley, corn, wheat and corn all hit new highs in the morning markets.
Transcript
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we got the commodity markets looking like the start line at a quarter mile racetrack with all
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lights showing green the market's up this morning quite a bit we got march minneapolis futures are
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up three and a quarter cents to 9.25 per bushel and local hard red spring bid for fed march movement
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at 11.45 per bushel delivered in the oil seeds nearby canola futures jumped 17.20 to 8.25 per
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metric ton with delivered values for february movement at 18.25 per bushel and taking a look
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at the cattle markets february live cattle are also up 195 to 168 and two thirds per hundred weight
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there are a few markets going sideways pulse markets for example red lentils are trading at 30 cents per
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pound and the yellow peas are holding at 12.50 per bushel same with the cash feed market we got barley
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trading at 4.25 per metric feed wheat holding at 4.44 per metric and corn is unchanged at 4.45 per
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metric as well for more information on pricing and picked up on farm options give me a call at 403 394
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1711 i'm mike van dyke at marketplace commodities accurate real-time marketing information and pricing