Western Standard - March 20, 2023


MPC Daily Market Update Mar 20, 2023


Episode Stats

Length

1 minute

Words per Minute

143.61702

Word Count

144

Sentence Count

25


Summary

Here is an update on commodity prices in Lethbridge today. Cash barley is holding at $4.10, feed wheat is unchanged at$4.12, and corn is down $3 at $3.10 per metric ton. In the milling wheat markets, May Minneapolis futures are lower $0.0975 at $8.51 per bushel, with local wheat bids at $10.50/bushel. Looking at canola and pulse markets, nearby red lentil prices are steady at $1.32/pound, and yellow peas remain at $12.50 per pound. Cattle markets, April live cattle slip 0.10/100weight, and soybeans are down $8-$8.30/day at $7.43/ton.


Transcript

00:00:00.400 Here's an update on commodity prices in Lethbridge today. Cash barley is holding at $4.10,
00:00:05.440 feed wheat is unchanged at $4.12, and corn is down $3 at $4.10 per metric ton.
00:00:11.760 In the milling wheat markets, May Minneapolis futures are lower $0.0975 at $8.51 per bushel,
00:00:17.840 with local hardware at spring bid for April movement at $10.50. Looking at canola, nearby
00:00:23.520 futures are down $8.30 at $7.43.30 per ton, with delivered values for April-May movement at $16.40
00:00:31.120 per bushel. And in the pulse markets, nearby red lentil prices are steady at $0.32.50 per pound,
00:00:37.360 and yellow peas remain at $12.50 per bushel. In the cattle markets, April live cattle slip $0.10
00:00:43.920 at $1.62.23 per hundredweight. For more information on pricing or picked up options, give me a call at
00:00:49.920 403-394-1711. I'm Matt Musicum at Marketplace Commodities. Accurate real-time marketing information
00:00:58.000 and pricing options.