MPC Daily Market Update May 17, 2023
Episode Stats
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Summary
Latest update on commodity prices in Lethbridge for today. Cash barley steady at $4.07/bushel, wheat down $2 at $8.68, canola prices slip $10.20 at $7.19/tons, wheat futures slip $0.85 at $1.64/dozen, and cattle markets are up 0.73/100weight.
Transcript
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Here's an update on commodity prices in Lethbridge for today. Cash barley is
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steady at $4.07, feed wheat remains at $4.08 and corn is down $2 at $3.88 per
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metric tonne. In the milling wheat markets, July Minneapolis futures are
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lower 10.75 cents at $8.68 per bushel, with local hardwood spring bid for May
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movement at $10.30 per bushel. Looking at canola, nearby futures slip $10.20 at $7.19
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per tonne, with delivered buys for May movement at $16.08 per bushel. In the
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pulse markets, nearby red lentil prices are trading at $0.34 per pound, and yellow
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peas are lower $0.25 at $11.25 per bushel. And in the cattle markets, June live
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cattle are up $0.85 at $1.64.73 per hundredweight. For more information on
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pricing or picked up options, give me a call at 403-394-1711. I'm Matt Busiekum at
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