Western Standard - June 30, 2023


MPC Daily Market Update June 30, 2023


Episode Stats

Length

1 minute

Words per Minute

114.63731

Word Count

118

Sentence Count

19


Summary

September wheat, corn, soybeans, and canola prices rise; August live cattle prices fall; wheat, soymeal, and wheat futures rise; soybeans gain; canola, wheat, and soymeal prices gain; and soybeans remain at $10.65/bushel, $16.69/boon; and wheat at $8.37/ bushel.


Transcript

00:00:00.960 The current Lethbridge feed grain prices are unchanged, with cash barley at $4.15, feed wheat at $4.10, and corn at $395 per ton.
00:00:11.380 In the milling wheat markets, September Minneapolis futures increased $12 at $8.37, with local hardwood spring mid for July movement at $10.65 per bushel.
00:00:22.600 In the oilseeds, nearby canola futures gained $17.40 at $728.40 per ton, with delivered values for July movement at $16.69 per bushel.
00:00:37.120 In the pulse markets, nearby red lentil prices are trading at $0.335 per pound, and yellow peas remain at $11.25 per bushel.
00:00:46.300 In the cattle markets, August Live Cattle lost $0.22.50 at $174.27.50 per hundredweight.
00:00:55.880 I'm David Lee at Marketplace Commodities, accurate real-time marketing information and pricing options.