Western Standard - May 18, 2023


MPC Daily Market Update May 18, 2023


Episode Stats

Length

59 seconds

Words per Minute

143.91891

Word Count

142

Sentence Count

9


Summary

Grain prices drop across the grain markets as soybeans, wheat, corn, and soymeal hit new multi-month lows. Soybean futures, wheat and wheat futures hit multi-year lows, while soymeal and soybean futures hit record lows.


Transcript

00:00:00.000 the current lethbridge feed grain prices are as follows cash parties at 405 feed wheat's also at
00:00:05.440 405 and corn's unchanged at 388 per metric ton in the milling wheat markets july minneapolis futures
00:00:12.320 lost 29.75 cents at 8.30 with local hard red spring bids for may movement at 10.30 per bushel
00:00:19.760 in the oil seeds nearby canola futures are down 5.80 cents at 708.30 per ton with delivered
00:00:26.320 values for may movement at 16.06 per bushel in the pulse markets nearby red lentils are trading at
00:00:32.240 34 cents a pound and yellow peas are holding at 11.25 per bushel in the cattle markets june live
00:00:38.640 cattle are off 17 cents at 164.65 per 100 weight for more information on grain marketing call me at 403
00:00:46.720 394 1711 i'm sean smith for marketplace commodities accurate real-time marketing information and pricing
00:00:54.080 options