Western Standard - June 06, 2023


MPC Daily Market Update June 6, 2023


Episode Stats

Length

1 minute

Words per Minute

127.65958

Word Count

146

Sentence Count

25


Summary

Feed grain prices are higher across the markets. Cattle, wheat, canola, and pulse markets are all higher. For more information on pricing and on-farm options, give me a call at 403-394-1711. I m Vera Buziak at Marketplace Commodities. Accurate, real-time marketing information and pricing options.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows.
00:00:03.200 Cash barley added $3 at $4.12.
00:00:06.520 Feed wheat increased $2 to $4.12, and corn is higher, $1 at $4.06.
00:00:12.720 In the milling wheat markets, July Minneapolis futures dropped $0.25 at $8.10 a bushel,
00:00:19.680 with local hard red spring bid for June movement at $10.75 per bushel delivered.
00:00:25.060 Over to the canola market, nearby canola futures spiked $11.50.
00:00:30.000 At $666.60 per ton, with delivered values for June movement at $15 per bushel.
00:00:37.380 In the pulse markets, nearby red lentils are trading at $0.33 a pound,
00:00:41.840 and yellow peas are holding at $11.25 per bushel.
00:00:45.320 Looking at the cattle market, August live cattle increased $1.62.5 to $1.74.90 per hundredweight.
00:00:53.260 For more information on pricing and picked up on-farm options,
00:00:56.740 give me a call at 403-394-1711.
00:01:01.200 I'm Vera Buziak at Marketplace Commodities.
00:01:04.140 Accurate real-time marketing information and pricing options.