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

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

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.