Western Standard - May 31, 2023


MPC Daily Market Update May 31, 2023


Episode Stats

Length

1 minute

Words per Minute

146.43799

Word Count

148

Sentence Count

27


Summary

Latest update on commodity prices in Lethbridge for today. Cash barley is down $2.00 at $4.03, wheat is down 11.75 cents at $7.81 per bushel, canola is down 7.60 at $14.50 per lb, pulse markets are holding at $0.33 per pound, and Cattle markets added 0.5 at $1.67 per hundredweight.


Transcript

00:00:00.560 Here's an update on commodity prices in Lethbridge for today. Cash barley is down
00:00:05.280 $2.00 at $4.03, feed wheat is down $2.00 at $4.04 and corn is down $3.00 at
00:00:11.120 $3.93 for metric tonne. In the milling wheat markets, July Minneapolis futures
00:00:15.720 are lower 11.75 cents at $7.81 per bushel, with local hard red spring bid for
00:00:21.400 May movement at $10.47. Looking at canola, nearby futures drop $7.60
00:00:27.080 at $6.50.60 per tonne, with delivered values for June movement at $14.97 per
00:00:33.100 bushel. In the pulse markets, nearby red lentil prices are trading at $0.33 per
00:00:37.580 pound, and yellow peas are holding at $11.25 per bushel. And in the cattle
00:00:42.680 markets, August live cattle added $0.17.5 at $1.67.35 per hundredweight. For more
00:00:49.120 information on pricing or picked up options, give me a call at 403-394-1711.
00:00:54.520 I'm Matt Busiekum at Marketplace Commodities, accurate real-time marketing
00:00:59.140 information and pricing options.