MPC Daily Market Update Jul 5, 2023
Episode Stats
Words per Minute
136.3184
Summary
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
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The current Lethbridge feed grain prices are as follows. Cash barley is at $4.15,
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feed wheat is at $4.05, and corn is down $5 at $3.85 per metric ton. In the milling
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wheat markets, September Minneapolis futures jumped $0.42 at $8.51, with local
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hard red spring vids for July movement at $10.65 per bushel. In the oil seeds,
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nearby canola futures gained $10.50 at $7.49.90 per metric ton, with
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delivered values for July movement at $17.23 per bushel. In the pulse markets,
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nearby red lentils are trading at $0.33 a pound, and yellow peas remain at $11.25
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per bushel. In the cattle markets, August live cattle lost $0.80 at $1.76.03 per 100 weight.
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For more information on grain marketing, call me at 403-394-1711. I'm Sean Smith at Marketplace
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commodities, accurate real-time marketing information, and pricing options.