Western Standard - July 24, 2023


MPC Daily Market Update Jul 24, 2023


Episode Stats

Length

1 minute

Words per Minute

150.73529

Word Count

164

Sentence Count

24


Summary

Here is a quick look at market prices in Lethbridge where we are forecast to hit 37 degrees today. Grain prices are higher across the board, wheat, canola, wheat and barley are all higher, and livestock markets are off in price.


Transcript

00:00:00.000 Here's a quick look at commodity prices in Lethbridge, where we're forecast to hit 37
00:00:05.520 degrees today. Markets are hot as well, cash barley is higher $5 at $4.36, feed wheat is up $7
00:00:12.000 at $4.33, and corn added $9 at $4.21 per metric ton. In the milling wheat markets,
00:00:18.240 September Minneapolis futures jumped $0.48 to $8.86 per bushel, with local hard red spring
00:00:24.160 bid for August movement at $10.80 per bushel. Looking at canola, November futures added $13.90
00:00:32.080 at $8.39.70 per ton, with delivered buys for August movement at $19.26 per bushel.
00:00:37.920 In the pulse markets, nearby red lentil prices are trading at $0.34 per pound,
00:00:41.760 and yellow peas remain at $11.50 per bushel. And in the livestock markets,
00:00:46.480 August live cattle are off $0.57 and a half cents at $1.79.45 per hundred weight.
00:00:52.240 For more information on pricing or picked up options, give me a call at 403-394-1711.
00:00:59.920 I'm Matt Musicum at Marketplace Commodities. Accurate real-time marketing information and pricing options.