MPC Daily Market Update May 12, 2023
Episode Stats
Words per Minute
130.54907
Summary
Grain prices rise on the back of this morning's USDA report, wheat, soybeans, corn, soymeal, and soybean futures are all higher on the day. Soybean futures and soymeal futures have gained on the morning of the report, while wheat and soybeans have not changed much. Grain prices in the oilseed and pulse markets are mixed.
Transcript
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the current lethbridge feed grain prices are following this morning's usda report
00:00:05.120
cash barbies at 405 feed wheat's at 404 and corns unchanged at 390 per metric ton in the milling
00:00:12.720
wheat markets july minneapolis futures gained 16 and three quarter cents at 853 with local hard
00:00:19.280
red spring bids for may movement at ten dollars per bushel in the oil seeds nearby canola futures
00:00:25.520
lost nine dollars at seven fifteen ten per ton with delivered values for may movement at sixteen
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dollars per bushel in the pulse markets nearby red lentils are trading at 34 cents a pound
00:00:37.920
and yellow peas remain at 11.50 per bushel in the cattle markets june live cattle increased to dollar
00:00:44.400
60 at 164.55 per 100 weight for more information on grain marketing call me at 403 394 1711 i'm sean
00:00:54.480
smith for marketplace commodities accurate real-time marketing information and pricing options