Western Standard - July 28, 2023


MPC Daily Market Update Jul 28, 2023


Episode Stats

Length

1 minute

Words per Minute

126.43349

Word Count

147

Sentence Count

20


Summary

Feed Grain prices range between $4.20-$10.50/bushel, wheat, canola, and soybeans. Cattle markets climb $0.55-$178/100weight, soybeans steady at $11.10/tons, and wheat holds at $8.86/boe.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows. Cash barley is steady at $4.20,
00:00:07.440 feed wheat is unchanged at $4.20, while corn is $2 lower at $4.04. In the milling wheat markets,
00:00:15.900 September Minneapolis futures dipped 17.5 cents at $8.86 per bushel, with local hard red spring
00:00:22.740 bid for August movement at $10.50 per bushel delivered. Over to the canola market, nearby
00:00:28.800 canola futures tanked $11.40 at $812.10 per tonne, with delivered values for August movement at $18.18
00:00:38.160 per bushel. In the pulse markets, nearby red lentils are trading at $0.34 a pound, and yellow peas are
00:00:45.480 holding at $11.50 per bushel. Looking at the cattle markets, August life cattle climbed $0.55 and $178
00:00:54.120 per hundredweight. For more information on pricing and picked up on-farm options, give me a call at
00:01:00.360 403-394-1711. I'm Vera Buziak at Marketplace Commodities, accurate real-time marketing information
00:01:08.520 and pricing options.