Western Standard - June 22, 2023


MPC Daily Market Update June 22, 2023


Episode Stats

Length

58 seconds

Words per Minute

138.36693

Word Count

135

Sentence Count

21


Summary

Grains, Cattle, Soybeans, Oilseeds, Pulses, Cows, Grains and Soybeans are all down across the board in the markets today. Feed Grain prices are falling, soybeans are down, corn is down, wheat is down and soymeal is down. In the oilseeds markets, nearby canola futures lost $7.30 at $1.7675 per bushel, and wheat futures are down $2 at $4.22 per metric ton. Cattle markets are up $0.15 per 100 pounds and soybeans remain at $2.33 per pound.


Transcript

00:00:00.640 The current Lethbridge feed grain prices are as follows.
00:00:03.900 Cash parties at $4.23, feed wheats at $4.21, and corn is down $2 at $4.22 per metric ton.
00:00:11.040 In the milling wheat markets, July Minneapolis futures are softer $2.25 at $8.76,
00:00:17.240 with local hard red spring bids for July movement at $10.75 per bushel.
00:00:21.980 In the oil seeds, nearby canola futures lost $7.30 at $7.38 per ton,
00:00:27.820 with delivered values for June movement at $1,696 per bushel.
00:00:32.680 In the pulse markets, nearby red lentils are trading at $0.33.5 a pound,
00:00:37.360 and yellow peas remain at $1,125 per bushel.
00:00:40.560 In the cattle markets, August live cattle increased $0.15 at $1.77 per 100 weight.
00:00:47.980 For more information on grain marketing, call me at 403-394-1711.
00:00:53.400 I'm Sean Smith at Marketplace Commodities.
00:00:55.480 Accurate real-time marketing information and pricing options.