Western Standard - May 11, 2023


MPC Daily Market Update May 11, 2023


Episode Stats

Length

59 seconds

Words per Minute

154.02684

Word Count

153

Sentence Count

23


Summary

Latest update on commodity prices in Lethbridge for today. Cash barley is down $2.05 at $4.05, feed wheat is down 2.04, and corn is down 5.90 at $3.90 per metric tonne. In the pulse markets, nearby red lentil prices are lower a penny at $0.34 a pound and yellow peas are holding at $11.50 per bushel. And in the cattle markets, June live cattle added 0.25 at $1.63 per hundredweight.


Transcript

00:00:00.560 Here's an update on commodity prices in Lethbridge for today. Cash barley is down $2 at $4.05,
00:00:06.640 feed wheat is down $2 at $4.04 and corn is down $5 at $3.90 per metric tonne.
00:00:12.240 In the milling wheat markets, July Minneapolis futures are lower 12 cents
00:00:15.920 at $8.37 and a half, with local hard red spring bid for May movement at $9.95 per bushel.
00:00:22.080 Looking at canola, nearby futures are down $4.20 at $7.30.50 per tonne, with deliberate values for
00:00:28.640 May at $16.33 per bushel. In the pulse markets, nearby red lentil prices are lower a penny
00:00:34.720 at $0.34 a pound and yellow peas are holding at $11.50 per bushel. And in the cattle markets,
00:00:41.040 June live cattle added $0.25 at $1.63.25 per hundredweight. For more information on pricing
00:00:47.200 or picked up options, give me a call at 403-394-1711. I'm Matt Buscombe at Marketplace
00:00:54.080 Commodities. Accurate real-time marketing information and pricing options.