Western Standard - July 04, 2023


MPC Daily Market Update Jul 4, 2023


Episode Stats

Length

1 minute

Words per Minute

126.94878

Word Count

171

Sentence Count

16


Summary

The markets are closed today with our friends to the south of us celebrating Independence Day. We ll take a look at a couple of the local feed grain markets. Cash barley is trading at $4.15 per metric, feed wheat is at 4.05 per metric and corn is unchanged at $3.90 per metric ton. The canola market is open. Nearby canola futures are up $11.20 to $747.60 per ton, with delivered values for July at $17 per bushel. Bitcoin is trading $31.052 per coin, which is up about 50% over the last year. And the S&P 500 is approaching highs set in December of 2021 at just over $4,800. For more information on pricing or picked up on farm option on feed grains, give me a call at 403-394-1711. I m Mike Van Dyke at Marketplace Commodities.


Transcript

00:00:00.240 The markets are closed today with our friends to the south of us celebrating Independence Day.
00:00:04.640 We'll take a look at a couple of the local feed grain markets.
00:00:07.180 Cash barley is trading at $4.15 per metric, feed wheat is trading at $4.05 per metric,
00:00:11.820 and corn is unchanged at $3.90 per metric ton.
00:00:14.800 The canola market is open. Nearby canola futures are up $11.20 to $747.60 per ton,
00:00:23.120 with delivered values for July movement at $17 per bushel.
00:00:26.600 We'll take a look at a couple of markets we don't usually look at.
00:00:29.160 Bitcoin is trading at $31,052 per coin, which is up about 50% over the last year.
00:00:36.740 And the S&P 500 is trading at $4,455, which is approaching highs set in December of 2021 at just over $4,800.
00:00:45.240 For more information on pricing or picked up on farm option on feed grains,
00:00:49.100 give me a call at 403-394-1711.
00:00:53.100 I'm Mike Van Dyke at Marketplace Commodities,
00:00:55.260 accurate real-time marketing information and pricing options.
00:00:59.160 I'm Mike Van Dyke at Marketplace,