Western Standard - July 06, 2023


MPC Daily Market Update Jul 6, 2023


Episode Stats

Length

1 minute

Words per Minute

133.53116

Word Count

150

Sentence Count

19


Summary

Feed Grain, Cattle, Canola, Puls, Soybeans, Grains, Soybean oil, Soy Beanings, Soymeal, and Soybean Products are all up in price today. Feed Grain prices are up across the board. Cattle prices are down, soybean prices are higher, and pulse prices are stable.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows, cash barley climbed $4 to $4.19,
00:00:07.360 feed wheat is up $5 at $410, while corn spiked $8 at $3.93 per ton. In the millyweight market,
00:00:16.560 September Minneapolis futures are off a penny at $8.62 per bushel, with local hard red spring
00:00:22.200 bid for July movement at $10.65 per bushel delivered. Over to the canola market, nearby
00:00:27.720 canola futures inched up $4.80 at $7.67.90 per ton, with delivered values for July movement
00:00:34.680 at $1.762 per bushel. In the pulse markets, nearby red lentil prices are trading at $0.335
00:00:41.320 a pound, and yellow peas remain at $11.25 per bushel. Looking at the cattle markets, August
00:00:48.080 live cattle decreased $1.275 at $1.7367 per hundredweight. For more information on pricing
00:00:55.780 and picked up on-farm options, give me a call at 403-394-1711. I'm Vera Buziak at Marketplace
00:01:03.400 commodities, accurate real-time marketing information, and pricing options.