Western Standard - June 15, 2023


MPC Daily Market Update June 15, 2023


Episode Stats


Length

59 seconds

Words per minute

134.85408

Word count

134

Sentence count

25


Summary

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

Grains, Cattle, Oilseeds, and Soybeans all rose in price on Wednesday morning. Grain prices rose across the board across the grain and oilseed markets. In the wheat markets, July wheat futures gained $0.16 at $8.01 per bushel, soybeans gained $18.20 at $7.40, and soymeal futures increased $1.40 at $11.25 per pound. Cattle markets were mostly steady, with prices for August live cattle losing 0.57 cents per 100weight.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 The current Lethbridge feed grain prices are as follows.
00:00:03.360 Cash barley is up $4.14, feed wheat is up $4.13, and corn is up $4.00 at $4.12 per metric ton.
00:00:10.720 In the milling wheat markets, July Minneapolis futures gained $0.16 at $8.01,
00:00:16.200 with local hard red spring bids for July movement at $10.45 per bushel.
00:00:21.140 In the oil seeds, nearby canola futures increased $18.20 at $7.12.40,
00:00:27.120 with delivered values for June movement at $16.38 per bushel.
00:00:32.440 In the false markets, nearby red lentils are holding at $0.33.5 per pound,
00:00:38.460 and yellow peas remain at $11.25 per bushel.
00:00:41.320 In the cattle markets, August live cattle lost $0.57 at $1.70.40 per 100 weight.
00:00:49.240 For more information on grain marketing, call me at 403-394-1711.
00:00:54.140 I'm Sean Smith at Marketplace Commodities,
00:00:57.040 accurate real-time marketing information and pricing options.