MPC Daily Market Update June 16, 2023
Episode Stats
Words per Minute
115.521324
Summary
Grains, Cattle, oilseeds, pulses, and pulses all hit new record highs in the morning markets. Grain prices rose across the board, with wheat, corn, and soybeans rallying the most in the past week.
Transcript
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The current Lethbridge feed grain prices are as follows. Cash barley is up $5 at $4.19,
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feed wheat is up $3 at $4.16, and corn is up $4 at $416 per ton. In the milling wheat markets,
00:00:14.960
July Minneapolis futures gained $0.19 at $8.52, with a local hard red spring bid for July
00:00:21.200
movement at $10.70 per bushel. In the oilseeds, nearby canola futures increased $14.30 at $729,
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$0.40 per ton, with delivered values for June movement at $16.31 per bushel. In the pulse markets,
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nearby red lentil prices are holding at $0.33.50 per pound, and yellow peas remain at $11.25 per bushel.
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In the cattle markets, August live cattle jumped $0.72.50 at $171.80 per hundredweight.
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Accurate Real-Time Marketing Information and Pricing Options.