Western Standard - June 08, 2023


MPC Daily Market Update June 8, 2023


Episode Stats


Length

58 seconds

Words per minute

141.57768

Word count

137

Sentence count

20


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Grain markets continue to rise across the grain and oilseeds markets. Grain prices have risen across the markets and soybeans and wheat have hit new record highs. Cattle markets have increased and wheat has hit a new record high.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 The current Lethbridge feed grain prices are as follows.
00:00:02.900 Cash barley is at $4.12, feed wheat is also at $4.12, and corn is down $2 at $4.04 per metric ton.
00:00:09.600 In the milling wheat markets, July Minneapolis futures gained $0.26 at $8.20,
00:00:15.240 with local hard red spring bids for June movement at $10.50 per bushel.
00:00:20.400 In the oilseeds, nearby canola futures are up $5.10 at $6.75.30 per ton,
00:00:26.540 with delivered values for June movement at $1,554 per bushel.
00:00:31.760 In the pulse markets, nearby red lentils are trading at $0.33 a pound,
00:00:35.880 and yellow peas remain at $1,125 per bushel.
00:00:39.920 In the cattle markets, August live cattle increased $0.355 at $1.7355 per 100 weight.
00:00:47.160 For more information on grain marketing, call me at 403-394-1711.
00:00:53.120 I'm Sean Smith at Marketplace Commodities,
00:00:54.940 accurate real-time marketing information, and pricing options.