Western Standard - July 05, 2023


MPC Daily Market Update Jul 5, 2023


Episode Stats


Length

1 minute

Words per minute

136.3184

Word count

137

Sentence count

23


Summary

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

Grains, Cattle, Oilseeds, and Pulses all hit new highs in the morning markets. Grain prices rose across the board across the grain and oilseeds markets. In the wheat markets, September wheat futures jumped $0.42 at $8.51 per bushel, and soybeans gained $10.50 at $7.90 per pound. Cattle markets lost 0.80 at $1.76 per 100weight.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.560 The current Lethbridge feed grain prices are as follows. Cash barley is at $4.15,
00:00:05.760 feed wheat is at $4.05, and corn is down $5 at $3.85 per metric ton. In the milling
00:00:12.240 wheat markets, September Minneapolis futures jumped $0.42 at $8.51, with local
00:00:18.000 hard red spring vids for July movement at $10.65 per bushel. In the oil seeds,
00:00:23.400 nearby canola futures gained $10.50 at $7.49.90 per metric ton, with
00:00:29.640 delivered values for July movement at $17.23 per bushel. In the pulse markets,
00:00:35.040 nearby red lentils are trading at $0.33 a pound, and yellow peas remain at $11.25
00:00:40.440 per bushel. In the cattle markets, August live cattle lost $0.80 at $1.76.03 per 100 weight.
00:00:48.720 For more information on grain marketing, call me at 403-394-1711. I'm Sean Smith at Marketplace
00:00:56.880 commodities, accurate real-time marketing information, and pricing options.