Western Standard - June 01, 2023


MPC Daily Market Update June 1, 2023


Episode Stats

Length

1 minute

Words per Minute

136.31874

Word Count

138

Sentence Count

23


Summary

Grains, Cattle, Oilseeds, Pulsals, and Grains are all up strong in the markets today. Grain prices are mostly higher across the board, with wheat, corn, and soybeans leading the way higher. Feed wheat, soybeans, and corn are up the most, while wheat and soymeal are the highest in the past week. Cattle markets are up strong as well, with August live cattle gaining $4.42 at $1.72 per 100weight.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows, cash parties at $4.05, feed
00:00:04.740 wheat's at $4.06, and corn's at $4.00 at $3.97 per metric ton.
00:00:10.280 In the milling wheat markets, July Minneapolis futures gained 4.5 cents at $7.84, with local
00:00:17.080 hard red spring bids for June movement at $10.47 per bushel.
00:00:21.620 In the oilseeds, nearby canola futures are down $7.20 at $6.42.50 per ton, with delivered
00:00:29.080 values for June movement at $14.80 per bushel.
00:00:32.940 In the pulse markets, nearby red lentils are trading at $0.33 a pound, and yellow peas remain
00:00:39.200 at $11.25 per bushel.
00:00:41.500 In the cattle markets, August live cattle are up strong today, gaining $4.42 at $1.72.10
00:00:48.600 per 100 weight.
00:00:50.400 For more information on grain marketing, call me at 403-394-1711.
00:00:55.980 I'm Sean Smith for Marketplace Commodities, accurate real-time marketing information and
00:00:59.840 pricing options.