Western Standard - March 15, 2023


MPC Daily Market Update Mar 15, 2023


Episode Stats

Length

58 seconds

Words per Minute

127.98635

Word Count

125

Sentence Count

20


Summary

Feed grain prices drop across the board across the grain and oilseeds markets. May wheat futures added $1.5 at $8.51, with local hard red spring bid for April delivery at $10.91 per bushel. Cattle markets are down $2 at $161.90 per hundredweight and soybeans are softer $3.40 at $754.20 per ton.


Transcript

00:00:00.960 The current Lethbridge feed grain prices are as follows.
00:00:04.320 Cash barley is at $4.17, feed wheat is at $4.25, and corn is down $2 at $417 per ton.
00:00:13.020 In the milling wheat markets, May Minneapolis futures added $1.5 at $8.51,
00:00:18.760 with local hard red spring bid for April movement at $10.91 per bushel.
00:00:23.360 In the oilseeds, nearby canola futures are softer $3.40 at $754.20 per ton,
00:00:31.620 with delivered values for April movement at $17.10 per bushel.
00:00:36.720 In the pulse markets, nearby red lentil prices are trading at $32.5 per pound.
00:00:42.200 Yellow peas remain at $12.50 per bushel.
00:00:45.600 In the cattle markets, April live cattle are down $1.5 at $161.90 per hundredweight.
00:00:52.780 I'm David Lee at Marketplace Commodities,
00:00:56.000 accurate real-time marketing information and pricing options.