Western Standard - July 12, 2023


MPC Daily Market Update Jul 12, 2023


Episode Stats

Length

57 seconds

Words per Minute

143.8499

Word Count

138

Sentence Count

24


Summary

Grains, Oilseeds, Cattle and Grain Futures are all down across the board in the markets today. Grain prices have been volatile throughout the day and there is no clear direction in any of the markets as to where prices will go.


Transcript

00:00:00.840 The current Lethbridge feed grain prices are as follows.
00:00:03.920 Cashed Barley is at $4.28, Feed Wheat is at $4.18, and Corn is down $3.00 at $3.90 per
00:00:09.680 metric ton.
00:00:10.680 In the Milling Wheat Markets, September Minneapolis Futures lost $0.15 at $8.49, with local Hard
00:00:17.560 Red Spring Bids for July Movement at $9.75 per bushel.
00:00:21.800 In the Oil Seeds, Nearby Canola Futures increased to $11.20 at $7.98.30 per ton, with delivered
00:00:29.400 values for August Movement at $18.33 per bushel.
00:00:33.180 In the Pulse Markets, Nearby Red Lentils are trading at $0.34 a pound, and Yellow Peas remain
00:00:38.220 at $11.50 per bushel.
00:00:40.520 In the Cattle Markets, August Live Cattle are down $0.22 at $1.78.60 per 100 weight.
00:00:47.080 For more information on grain marketing, call me at 403-394-1711.
00:00:52.460 I'm Sean Smith at Marketplace Commodities, accurate real-time marketing information and pricing
00:00:56.960 options.