MPC Daily Market Update Jul 25, 2023
Episode Stats
Words per Minute
141.06902
Summary
Grain markets fall across the board across the grain and oilseed markets on Wednesday morning. Grain and oilseeds prices have hit multi-year lows, while wheat and wheat futures have hit record lows. Cattle and grain markets have also hit record low levels.
Transcript
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The current Lethbridge feed green prices are as follows.
00:00:03.900
Cashed barley is at $4.36, feed wheat is at $4.33, and corn is trading at $4.21 per metric ton.
00:00:10.900
In the milling wheat markets, September Minneapolis futures lost $0.1375 at $9.22,
00:00:17.440
with local hard red spring bids for August movement at $10.80 per bushel.
00:00:21.960
In the oil seeds, November canola futures are down $10.90 at $8.1910 per ton,
00:00:28.320
with delivered values for August movement at $1.880 per bushel.
00:00:33.380
In the pulse markets, nearby red lentils are trading at $0.34 a pound,
00:00:41.060
Looking at the cattle markets, August live cattle are down $0.27 at $1.7847 per 100 weight.
00:00:48.460
For more information on grain marketing, call me at 403-394-1711.
00:00:56.120
after your real-time marketing information and pricing options.