Western Standard - May 30, 2023


MPC Daily Market Update May 30, 2023


Episode Stats

Length

1 minute

Words per Minute

137.71712

Word Count

148

Sentence Count

24


Summary

Feed Grain prices range between $4.05-$9.95/bushel, wheat, barley, canola, wheat and pulse markets. Looking at the cattle markets, June live cattle prices spiked $1.52-$1.87/100weight, soybeans dropped $0.80-$2.90/dozen, wheat held at $7.94/dozen and canola at $14.70/dozen.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows.
00:00:02.820 Cash barley is steady at $4.05.
00:00:05.360 Feed wheat is down $1 at $4.06, while corn slipped $1 to $3.96 per ton.
00:00:11.100 In the milling wheat markets, July Minneapolis futures dipped $0.24 at $7.94 per bushel,
00:00:16.760 with local hard bread spring bid for May movement at $10.50 per bushel delivered.
00:00:22.220 Over to the canola market, nearby canola futures tanked $25.80 at $657.90 per ton,
00:00:28.980 with delivered values for June movement at $14.70 per bushel.
00:00:34.440 In the pulse markets, nearby red lentils are trading at $0.33 a pound,
00:00:38.440 and yellow peas are holding at $11.25 per bushel.
00:00:42.000 Looking at the cattle markets, June live cattle spiked $1.52.5 at $1.6887 per hundredweight.
00:00:50.460 For more information on pricing and picked up on-farm options,
00:00:53.940 give me a call at 403-394-1711.
00:00:57.720 I'm Vera Buziak at Marketplace Commodities.
00:01:01.260 Accurate real-time marketing information and pricing options.