Western Standard - July 27, 2023


MPC Daily Market Update Jul 27, 2023


Episode Stats

Length

1 minute

Words per Minute

166.26506

Word Count

184

Sentence Count

26


Summary

September wheat, corn, soybeans, canola, wheat, and pulse markets are all bobbing back and forth in the markets. Here's a quick update on market prices. Thanks for listening to Marketwatch!


Transcript

00:00:00.160 Well, these market prices are bobbing back and forth so much, I figured I might as well use a bobbing head to tell you the prices.
00:00:06.260 Here's an update on pricing. Cash barley is down $7 to $4.19 per metric, feed wheat is down $2 to $4.20 per metric, and corn is holding steady at $4.06 per metric.
00:00:17.360 Moving to the milling wheat market, September Minneapolis futures are up $0.7.5 to $9.03 per bushel, with local hard red spring bid for August movement at $10.50 per bushel delivered.
00:00:27.440 In the oil seeds, nearby canola futures slid $13.30 to $8.17.50 per metric ton, with delivered values for August movement at $18.20 per bushel.
00:00:38.640 Continuing on to the pulse markets, nearby red lentil prices are trading at $0.34 per pound, and yellow peas remain at $11.50 per bushel.
00:00:46.920 Finishing up with the cattle markets, August live cattle are off $0.47.5 to $1.78.950 per hundredweight.
00:00:53.580 For more information on pricing and picked up on farm options, give me a call at 403-394-1711.
00:01:01.320 I'm Mike Van Dyke at Marketplace Commodities, accurate real-time marketing information and pricing options.