Western Standard - June 23, 2023


MPC Daily Market Update June 23, 2023


Episode Stats

Length

1 minute

Words per Minute

127.21893

Word Count

129

Sentence Count

24


Summary

Feed Grain prices drop across the board across the grain and oilseeds markets. In the grain markets, wheat, barley, corn, soybeans, and canola prices have all hit multi-month lows. Cattle markets have increased slightly.


Transcript

00:00:00.880 The current Lethbridge feed grain prices are as follows.
00:00:04.120 Cash barley is down $4.00 at $4.19, feed wheat is down $3.00 at $4.18, and corn is down $5.00 at $417.00 per tonne.
00:00:14.160 In the milling wheat markets, July Minneapolis futures are softer $6.5 at $8.73, with local hard red spring bid for July movement at $10.65 per bushel.
00:00:25.360 In the oilseeds, nearby canola futures slid $7.10 at $732.70 per tonne, with delivered values for June movement at $16.79 per bushel.
00:00:39.200 In the pulse markets, nearby red lentil prices are trading at $0.33.5 per pound, and yellow peas remain at $11.25 per bushel.
00:00:47.880 In the cattle markets, August live cattle increased $0.20 at $171.35 per hundredweight.
00:00:55.360 I'm David Lee at Marketplace Commodities, accurate real-time marketing information and pricing options.