Western Standard - July 10, 2023


MPC Daily Market Update Jul 10, 2023


Episode Stats

Length

1 minute

Words per Minute

139.62148

Word Count

150

Sentence Count

26


Summary

Feed grain prices continue to rise across the grain markets. Canola futures spiked $24.20 at $7.82/dozen, and wheat rose $5 at $8.53/dozen. Live cattle are $0.50 higher at $1.77/dozen and soybeans remain at $11.25/dozen as well.


Transcript

00:00:00.000 The current Lothbridge feed grain prices are as follows.
00:00:02.880 Cash barley is up $6 to $4.25.
00:00:05.860 Feed wheat increased $5 at $4.15, while corn is unchanged at $3.93 per ton.
00:00:11.100 In the milling wheat market, September Minneapolis futures climbed $5.75 at $8.53 per bushel,
00:00:17.440 with local hard red spring bid for July movement at $10.55 per bushel delivered.
00:00:22.400 Over to the canola market, nearby canola futures spiked $24.20 at $7.82.90 per ton,
00:00:28.400 with delivered values for July movement at $17.98 per bushel.
00:00:33.140 In the pulse markets, nearby red lentils are trading at $0.33.5 a pound,
00:00:37.440 and yellow peas remain at $11.25 per bushel.
00:00:42.280 Looking at the canola markets, August live cattle are $0.50 higher at $1.77.50 per hundredweight.
00:00:49.120 For more information on pricing and picked up on-farm options, give me a call at 403-394-1711.
00:00:55.640 I'm Vera Buziak at Marketplace Commodities,
00:00:59.480 accurate real-time marketing information and pricing options.
00:01:02.460 Thank you.