MPC Daily Market Update Jul 28, 2023
Episode Stats
Words per Minute
126.43349
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
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The current Lethbridge feed grain prices are as follows. Cash barley is steady at $4.20,
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feed wheat is unchanged at $4.20, while corn is $2 lower at $4.04. In the milling wheat markets,
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September Minneapolis futures dipped 17.5 cents at $8.86 per bushel, with local hard red spring
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bid for August movement at $10.50 per bushel delivered. Over to the canola market, nearby
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canola futures tanked $11.40 at $812.10 per tonne, with delivered values for August movement at $18.18
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per bushel. In the pulse markets, nearby red lentils are trading at $0.34 a pound, and yellow peas are
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holding at $11.50 per bushel. Looking at the cattle markets, August life cattle climbed $0.55 and $178
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per hundredweight. For more information on pricing and picked up on-farm options, give me a call at
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403-394-1711. I'm Vera Buziak at Marketplace Commodities, accurate real-time marketing information