Western Standard - July 19, 2023


MPC Daily Market Update Jul 19, 2023


Episode Stats

Length

59 seconds

Words per Minute

130.1695

Word Count

128

Sentence Count

18


Summary

Feed Grain prices are steady to higher in the morning markets. Cattle markets are lower, soybean prices are higher, and wheat prices are up. In the oilseeds markets, nearby canola futures increased $18 at $851.40 per tonne and wheat rose $5 at $7.30 at $10.50 per bushel.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows.
00:00:04.000 Cash barley is steady at $4.35, feed wheat is also steady at $4.20, and corn is up $5 at $401 per tonne.
00:00:13.000 In the milling wheat markets, September Minneapolis futures jumped $0.59 at $7.30,
00:00:19.000 with local hard red spring bid for July movement at $10.50 per bushel.
00:00:24.000 In the oilseeds, nearby canola futures increased $18 at $851.40 per tonne,
00:00:30.000 with delivered values for August movement at $19.53 per bushel.
00:00:35.000 In the pulse markets, nearby red lentil prices are trading at $0.34 per pound,
00:00:40.000 and yellow peas remain at $11.50 per bushel.
00:00:44.000 In the cattle markets, August live cattle are lower $0.57 at $180.70 per hundredweight.
00:00:52.000 I'm David Lee at Marketplace Commodities,
00:00:55.000 accurate real-time marketing information and pricing options.