Western Standard - March 21, 2023


MPC Daily Market Update Mar 21, 2023


Episode Stats

Length

57 seconds

Words per Minute

142.65735

Word Count

136

Sentence Count

23


Summary

Grains, Livestock, and Oilseeds prices range between $4.15-$16.50 per bushel in the May wheat and soybean markets, and $1.45-$1.62 per pound in the cattle markets. In the oilseeds markets, nearby canola futures lost $2.60 at $7.36 per lb and wheat at $8.48 per lb.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows.
00:00:03.320 Cash barley is at $4.12, feed wheat is at $4.15, and corn is also trading at $4.15 per metric ton.
00:00:10.060 In the milling wheat markets, May Minneapolis futures are down $0.03 at $8.48,
00:00:15.480 with local hardwood spring bids for April movement at $10.50 per bushel.
00:00:20.020 In the oil seeds, nearby canola futures lost $2.60 at $7.36 per metric ton,
00:00:25.960 with delivered values for April movement at $16.23 per bushel.
00:00:31.040 In the pulse markets, nearby red lentils are steady at $0.32.5 per pound,
00:00:36.640 and yellow peas remain at $12.50 per bushel.
00:00:39.580 In the cattle markets, April live cattle increased $0.42 at $1.62.45 per 108.
00:00:46.620 For more information on grain marketing, call me at 403-394-1711.
00:00:52.040 I'm Sean Smith at Marketplace Commodities,
00:00:54.140 accurate real-time marketing information, and pricing options.