MPC Daily Market Update Jul 20, 2023
Episode Stats
Words per Minute
166.83832
Summary
With all the green in the markets the last couple days, I figured I d use a picture that had a lot of green in it with an actual green and a little red flag. Just in case this market starts turning around a little bit, everybody should stay just a little weary.
Transcript
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Well with all the green in the markets the last couple days I figured I'd use a picture
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that had a lot of green in it with an actual green and just a little red flag just in case
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this market starts turning around a little bit everybody should stay just a little weary.
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Let's take a look at some of these prices we got cash barley holding steady at $4.35 a metric,
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feed wheat's up $10 to $4.30 per metric and corn is up to $4.17 per metric. Moving to the milling
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wheat markets September Minneapolis futures went up $0.06 to $9.03 per bushel with local hard red
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spring bid for July movement at $10.50 per bushel delivered. In the oil seeds nearby canola futures
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are unchanged to $8.41.70 per ton with delivered values for August movement at $18.75 per bushel.
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Continuing on to the pulse markets nearby red lentil prices are trading at $0.34 per pound
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and yellow peas remain at $11.50 per bushel. Finishing up with the cattle markets August
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live cattle are up $1.53 to $1.82.850 per hundredweight. For more information on pricing and
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picked up on farm options give me a call at 403 394 1711. I'm Mike Van Dyke at Marketplace Commodities
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Accurate real-time marketing information and pricing options