Western Standard - May 29, 2023


MPC Daily Market Update May 29, 2023

Topics
canola futures
Mentioned
Thomas
CMS： How much longer can Jagmeet Singh prop up Trudeau’s corrupted regime？ We have become...a very strict two party system

Episode Stats


Length

1 minute

Words per minute

176.47

Word count

191

Sentence count

22


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

The markets are closed today, so we have to train ourselves to look at something else and head outside and do something productive between the trading and the heading. If you're willing to go for a long walk for a short drink of water, it works on a Monday morning.

Transcript

Transcript generated with Whisper (turbo).
Topics generated with Qwen2.5-3B-Instruct.
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.400 Well, with the market being closed today, we're going to have to train ourselves to look at something else and head outside and do something productive.
00:00:07.760 Between the trading and the heading, I call it the Thomas, because it's Thomas the Tank Engine.
00:00:12.960 It's not a great pun, but if you're willing to go for a long walk for a short drink of water, it works on a Monday morning.
00:00:19.780 Let's take a look at a few of the prices and where they closed at.
00:00:22.600 Cash barley is holding at $4.05 and feed wheat's at $4.07 and corn is unchanged at $3.97 a metric.
00:00:30.400 July Minneapolis futures closed the day at $8.18 on Friday.
00:00:35.520 Canola futures are open today. They're the only market that is basically open in the feed market.
00:00:41.680 They're up $2.70 to $6.87 per metric ton.
00:00:47.280 And live cattle, we'll finish up looking at those.
00:00:49.860 July live cattle closed at $1.67, $3.50 per hundred weight.
00:00:54.680 For more information on pricing or to talk markets while the markets are closed, give me a call.
00:01:00.140 I'm Mike Van Dyke at Marketplace Commodities.
00:01:02.180 Accurate real-time marketing information and pricing options.