MPC Daily Market Update June 2, 2023
Episode Stats
Words per Minute
137.45454
Summary
Grains, Cattle, oilseeds, pulse markets, soybeans, wheat, and other grains are all trading higher in the morning hours. Feed grain prices are higher, soybean prices are down, and wheat is up across the board. Cattle markets are higher and soybeans are down.
Transcript
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The current Lethbridge feed grain prices are as follows.
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Cash barley is at $4.05, feed wheat is at $4.06, and corn is up $4 at $397 per ton.
00:00:12.000
In the milling wheat markets, July Minneapolis futures gained $0.17 at $8.06,
00:00:17.000
with local hard-rate spring bid for June movement at $10.75 per bushel.
00:00:21.000
In the oilseeds, nearby canola futures are down $5.70 at $657.20 per ton,
00:00:28.000
with delivered values for June movement at $15 per bushel.
00:00:33.000
In the pulse markets, nearby red lentil prices are trading at $0.33 per pound,
00:00:37.000
and yellow peas are holding at $11.25 per bushel.
00:00:41.000
In the cattle markets, August live cattle are up $0.52 at $172.90 per hundredweight.
00:00:51.000
accurate real-time marketing information and pricing options.