Western Standard - March 14, 2023


MPC Daily Market Update Mar 14, 2023


Episode Stats

Length

56 seconds

Words per Minute

141.64005

Word Count

133

Sentence Count

21


Summary

The current Lethbridge feed grain price is $4.17/bushel, wheat at $8.05/tons, canola at $7.57/tons and soybeans at $12.50/tons. Cattle markets are down $0.45/100/day, soybeans are higher at $10.90/ton, and wheat is up at $4/10/ton. In the pulse markets, nearby red lentils are trading at $1.32/pound, and yellow peas remain at $11.50 per bushel.


Transcript

00:00:00.000 The current Lethbridge feed grain price is read as follows.
00:00:03.300 Cash parties at $4.17, feed wheats at $4.25, and corns at $4.19 per metric ton.
00:00:09.480 In the milling wheat markets, May Minneapolis futures increased $0.175 at $8.05,
00:00:15.560 with local hard red spring bids per April movement at $10.90 per bushel.
00:00:20.440 In the oil seeds, nearby canola futures are softer at $7.5730 per ton,
00:00:25.800 with deliberate values for April movement at $17.13 per bushel.
00:00:31.080 In the pulse markets, nearby red lentils are trading at $0.32.5 per pound,
00:00:35.980 and yellow peas remain at $12.50 per bushel.
00:00:39.040 In the cattle markets, April live cattle are down $0.45 at $1.6310 per 100 weight.
00:00:45.540 For more information on grain marketing, call me at 403-394-1711.
00:00:50.940 I'm Sean Smith at Marketplace Commodities,
00:00:53.020 accurate real-time marketing information, and pricing options.