Western Standard - March 17, 2023


MPC Daily Market Update Mar 17, 2023


Episode Stats

Length

1 minute

Words per Minute

139.42459

Word Count

147

Sentence Count

23


Summary

Feed Grain prices drop across the board across the grain and oilseed markets. May wheat, corn, soybeans, soymeal, canola, and wheat futures are all down on the day. Cattle, wheat, and soybeans are all lower across the livestock markets.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows.
00:00:02.820 Cashed barley is off $5 at $410.
00:00:06.160 Feed wheat dipped $5 to $412, while corn slid $3 at $413.
00:00:12.560 Over to the milling wheat markets, May Minneapolis futures added $9.75 at $8.58 per bushel,
00:00:19.020 with local hard red spring bid for April movement at $10.85 per bushel delivered.
00:00:23.140 Looking at the oil seeds, nearby canola futures are higher $1.90 at $7.57.70 per tonne,
00:00:30.760 with delivered values for April movement at $16.71 per bushel.
00:00:35.120 In the pulse markets, nearby red lentils are trading at $0.32.5 a pound,
00:00:39.780 and yellow peas remain at $12.50 per bushel.
00:00:43.380 And in the cattle markets, April live cattle dropped $0.10 at $1.62.25 per hundredweight.
00:00:48.700 For more information on pricing and picked up on-farm options,
00:00:52.800 give me a call at 403-394-1711.
00:00:57.080 I'm Vera Buziak at Marketplace Commodities.
00:01:00.160 Accurate real-time marketing information and pricing options.