Western Standard - March 31, 2023


MPC Daily Market Update Mar 31, 2023


Episode Stats

Length

1 minute

Words per Minute

157.17982

Word Count

162

Sentence Count

21


Summary

Here is an update on what commodities are doing in the markets in Lethbridge today. May wheat, barley, canola, wheat, and canola futures are all higher, while wheat and corn remain steady. In the pulse markets, nearby red lentil prices are trading at $0.32 and a half cents per pound and yellow peas remain at $12 per bushel, and in the cattle markets, April live cattle are up 0.42 cents at $1.67 per hundredweight.


Transcript

00:00:00.000 Here's an update on what commodities are doing in Lethbridge today. Cash barley is
00:00:04.080 up a dollar at $4.19, feed wheat is unchanged at $4.20, and corn remains at
00:00:09.540 $4.22 per metric ton. In the milling wheat markets, May
00:00:13.120 Minneapolis futures climbed 8.75 cents to $8.88 and a half per bushel, with
00:00:18.600 local hardware at spring bid for April movement at $10.90 per bushel. Looking at
00:00:23.500 canola, nearby futures are higher at $4.90 at $7.69.50 per ton, with
00:00:29.480 delivered values for April-May movement at $17 per bushel. In the pulse markets,
00:00:34.820 nearby red lentil prices are trading at $0.32 and a half cents per pound, and
00:00:38.180 yellow peas remain at $12 per bushel. And in the cattle markets, April live cattle
00:00:44.180 are up $0.42 and a half cents at $1.67.98 per hundred weight. For more
00:00:49.460 information on pricing or picked up options, give me a call at 403-394-1711.
00:00:55.460 I'm Matt Musicum at Marketplace Commodities, accurate real-time marketing
00:01:00.220 information and pricing options.