MPC Daily Market Update Nov 22, 2022
Episode Stats
Summary
Grains, Cattle, Soybeans, Oilseeds, and Pulses all fell on Wednesday morning futures markets. Soybeans and Soybeans were the hardest hit, while wheat, corn, and soymeal dropped the most. Cattle and soybean markets were the only markets that did not see as much weakness.
Transcript
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The current Loughbridge feed grain prices are as follows. Cash barley is holding at $4.55,
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feed wheat is lower $5 at $4.75, and corn is down at $4.65 per ton. In the milling wheat markets,
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December Minneapolis futures slipped 2.75 cents at $9.45, with local hard red spring bid for
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January movement at $12.20 per bushel. Over to the oil seeds, nearby canola futures dropped $4.80
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at $8.40 per ton, with delivered values for December movement at $1,882 per bushel.
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In the pulse markets, nearby red lentils are down a half a cent at $0.33 a pound,
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and yellow peas decreased $0.30 at $12.70 per bushel. And in the cattle markets,
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December live cattle moved up $0.25 at $1.5357 per hundredweight. For more information on pricing
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and picked up on-farm options, give me a call at 403-394-1711. I'm Vera Buziak at Marketplace
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Commodities, accurate real-time marketing information and pricing options.