Western Standard - May 03, 2023


MPC Daily Market Update May 3, 2023


Episode Stats


Length

1 minute

Words per minute

167.9049

Word count

226

Sentence count

26


Summary

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

After a couple of red days in the market over the last couple of weeks, we finally have a pretty solid green day in the markets today. That just shows that there's nothing permanent out there. Let's take a look at some of these prices.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.800 Well, after a bunch of red days in the market over the last couple of weeks, we finally
00:00:04.760 have a pretty solid green today and that just shows to go you that there's nothing permanent
00:00:10.080 out there.
00:00:11.080 Let's take a look at some of these prices.
00:00:13.000 Cash barley is holding steady at $4.10 a metric, feed wheat is unchanged at $4.06 a metric,
00:00:18.120 and corn is up $2.00 to $3.98 a metric.
00:00:22.440 Moving to the milling wheat markets, July Minneapolis futures bounced up 21 cents to
00:00:27.960 $7.94 per bushel with local hard red spring bid for May movement at $10.20 per bushel delivered.
00:00:35.180 In the oil seeds, nearby canola futures are up $7.20 to $7.1660 per tonne with delivered
00:00:42.620 values for May movement at $16 per bushel.
00:00:46.920 Continuing on to the Paulson markets, nearby red lentil prices remain at $0.35 a pound with
00:00:52.020 yellow peas trading at $11.50 per bushel.
00:00:56.620 Pricing up with the cattle markets, June live cattle are down $0.77.5 to $1.62.130 per
00:01:03.280 hundredweight.
00:01:04.900 For more information on pricing and picked up on farm options, give me a call at 403-394-1711.
00:01:11.660 I'm Mike Van Dyke at Marketplace Commodities, accurate real-time marketing information and
00:01:15.760 pricing options.
00:01:16.760 I'm Mike Van Dyke at Marketplace Commodities, accurate real-time marketing information and
00:01:17.760 pricing options.
00:01:18.760 I'm Mike Van Dyke at Marketplace Commodities.
00:01:19.760 I'm Mike Van Dyke at Marketplace Commodities.