MPC Daily Market Update Nov 15, 2022
Episode Stats
Words per Minute
101.89678
Summary
Feed Grain Futures and Cattle Futures are steady, Canola jumps, Soybeans jump, and Soybeans rise in price. December wheat, soybeans, and canola futures hit new record highs, while wheat and soymeal futures hit record highs.
Transcript
00:00:00.000
The current Lethbridge feed grain prices are as follows.
00:00:05.620
Feed wheat remains at $4.80, and corn is steady at $4.73 per tonne.
00:00:10.800
In the milling wheat markets, December Minneapolis futures are off three-quarters of a cent at $9.62,
00:00:16.440
with local hard red spring bid for December movement at $12.20 per bushel delivered.
00:00:21.380
Over to the oilseeds, nearby canola futures jumped $11.20 at $8.9610 per tonne,
00:00:28.000
with delivered values for December movement at $20.32 per bushel.
00:00:32.560
In the pulse markets, nearby red lentils are unchanged at $0.33.5 a pound,
00:00:37.720
and yellow peas are sitting at $13.00 per bushel.
00:00:41.720
In the cattle markets, December live cattle moved up $0.25 at $1.51.82 per hundredweight.
00:00:47.420
For more information on pricing and picked up on-farm options, give me a call at 403-394-1711.
00:00:59.580
Accurate real-time marketing information and pricing options.