MPC Daily Market Update June 5, 2023
Episode Stats
Words per Minute
168.10345
Summary
The sun is coming up behind me, and all the markets are up as well. Today s word of the day is up. Today's wheat, corn, and soybean markets are all up, and so are wheat futures and soymeal futures. Canola, wheat, and pulse markets are also up today. August live cattle futures are up $0.55 to $1.73 per hundredweight.
Transcript
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Today's word of the day is up. The sun is coming up behind me and all the markets are up as well.
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We got cash barley up $4 to $4.09 a metric, feed wheat's up $5 to $4.10 a metric,
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and corn is up $8 to $4.05 a metric. Moving to the milling wheat markets,
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July Minneapolis futures are, you guessed it, up $0.09 to $8.16 per bushel with local
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hard red spring bid for June movement at $10.75 per bushel delivered. In the oil seeds,
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nearby canola futures are up slightly by $1.80 per tonne to $660 per metric tonne with delivered
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values for June movement at $15 per bushel. Continuing on to the pulse markets, nearby red
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lentils are trading at $0.33 and yellow peas are holding at $1.125 per bushel. Finishing up with
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the cattle markets, August live cattle are up $0.55 to $1.73, $4.50 per hundredweight. For more
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information on pricing or picked up on farm options, give me a call at 403-394-1711.
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I'm Mike Van Dyke at Marketplace Commodities, accurate real-time marketing information and pricing