Western Standard - March 31, 2023


MPC Daily Market Update Mar 30, 2023


Episode Stats

Length

59 seconds

Words per Minute

147.00912

Word Count

145

Sentence Count

18


Summary

Feed Grain prices continue to rise across the grain markets. May wheat, soybeans, canola, and wheat futures are all up on the day. Cattle markets continue to jump on the back of higher prices in the livestock markets.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows.
00:00:02.880 Cash barley is up $2 at $4.18.
00:00:05.940 Feed wheat is unchanged at $4.20, while corn remains at $4.22.
00:00:10.860 Over to the milling wheat markets, May Minneapolis futures are holding at $8.78 a bushel,
00:00:16.140 with local hard red spring bid for April movement at $10.90 per bushel delivered.
00:00:20.660 Looking at the oil seeds, nearby canola futures increased $3 at $773 a ton,
00:00:27.300 with delivered values for April-May movement at $1,707 per bushel.
00:00:32.260 In the pulse markets, nearby red lentils are trading at $0.32.5 a pound,
00:00:37.140 and yellow peas remain at $12 per bushel.
00:00:40.000 And in the cattle markets, April live cattle jump $0.70 at $1.6652 per hundredweight.
00:00:45.720 For more information on pricing and picked up on-farm options,
00:00:49.360 give me a call at 403-394-1711.
00:00:53.380 I'm Vera Buziak at Marketplace Commodities,
00:00:55.820 accurate real-time marketing information, and pricing options.