MPC Daily Market Update May 31, 2023
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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
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Here's an update on commodity prices in Lethbridge for today. Cash barley is down
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$2.00 at $4.03, feed wheat is down $2.00 at $4.04 and corn is down $3.00 at
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$3.93 for metric tonne. In the milling wheat markets, July Minneapolis futures
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are lower 11.75 cents at $7.81 per bushel, with local hard red spring bid for
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May movement at $10.47. Looking at canola, nearby futures drop $7.60
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at $6.50.60 per tonne, with delivered values for June movement at $14.97 per
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bushel. In the pulse markets, nearby red lentil prices are trading at $0.33 per
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pound, and yellow peas are holding at $11.25 per bushel. And in the cattle
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markets, August live cattle added $0.17.5 at $1.67.35 per hundredweight. For more
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information on pricing or picked up options, give me a call at 403-394-1711.
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I'm Matt Busiekum at Marketplace Commodities, accurate real-time marketing