Western Standard - March 03, 2023


MPC Daily Market Update Mar 3, 2023


Episode Stats


Length

1 minute

Words per minute

139.7154

Word count

144

Sentence count

24


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Grains, Cattle, Soybeans, Oilseeds, Pulses, Cows, Grains and Soybeans are all trading higher in the morning markets. Feed grain prices are steady, soybeans are rising, wheat is steady, corn is flat, and soymeal is up at $4.25/bushel, while wheat futures dropped at $8.73/boe. Cattle prices jumped $1.22/100weight and soybean futures added $2/100/ton. In the pulse markets, nearby red lentils are unchanged at $0.33/pound, and yellow peas are trading at $12.50/lb.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 The current Lethbridge feed grain prices are as follows.
00:00:02.820 Cash barley is steady at $4.17.
00:00:05.520 Feed wheat is holding at $4.32, while corn is flat at $4.25.
00:00:10.800 Over to the milling wheat markets, May Minneapolis futures dropped $0.03 at $8.73 per bushel,
00:00:16.360 with local hard red spring bid for April movement at $11.25 per bushel delivered.
00:00:21.360 Looking at the oil seeds, nearby canola futures added $2 at $8.27.30 per ton,
00:00:27.060 with delivered values for March-April-May movement at $18.30 per bushel.
00:00:32.200 In the pulse markets, nearby red lentils are unchanged at $0.33 a pound,
00:00:37.060 and yellow peas are trading at $12.50 per bushel.
00:00:40.620 In the cattle markets, April live cattle jumped $1.22.5 at $1.6425 per hundredweight.
00:00:47.340 For more information on picked up and on-farm options, give me a call at 403-394-1711.
00:00:54.860 I'm Vera Buziak at Marketplace Commodities.
00:00:58.720 Accurate real-time marketing information and pricing options.