Western Standard - July 25, 2023


MPC Daily Market Update Jul 25, 2023


Episode Stats


Length

59 seconds

Words per minute

141.06902

Word count

139

Sentence count

21


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

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

Transcript generated with Whisper (turbo).
00:00:00.640 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,
00:00:37.380 and yellow peas remain at $11.50 per bushel.
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.
00:00:54.340 I'm Sean Smith at Marketplace Commodities,
00:00:56.120 after your real-time marketing information and pricing options.