Western Standard - October 13, 2023


MPC Daily Market Update Oct 13, 2023


Episode Stats

Length

1 minute

Words per Minute

164.96756

Word Count

178

Sentence Count

25


Summary

It's a pretty quiet day in the commodity markets at the moment. There's a little bit of movement here and there, but not too much of anything. Let's take a look at where pricing is at and see where wheat and corn are holding.


Transcript

00:00:00.080 It's a pretty quiet day in the commodity markets at the moment here.
00:00:03.580 There's a little bit of movement here and there, but not too much of anything.
00:00:06.880 Let's take a look at where pricing is at.
00:00:08.880 Cash barley is holding at $3.45, wheat's holding at $3.55, and corn is holding at $3.44.
00:00:15.840 Moving to the milling wheat markets, December Minneapolis futures slipped $0.02 to $7.22 per bushel,
00:00:21.920 with local hard red spring bid for October movement at $9.64 per bushel delivered.
00:00:25.960 In the oilseeds, nearby canola futures are up $4 to $7.16.50 per ton,
00:00:32.160 with delivered values for October movement at $15.75 per bushel.
00:00:36.640 Continuing to the pulse markets, nearby red lentil prices are holding at $0.36.5 per pound,
00:00:41.800 and yellow peas are trading at $10.75 per bushel.
00:00:45.120 Taking a quick look at the cattle markets, December live cattle slipped $0.52 to $1.87.80 per hundredweight.
00:00:52.700 For more information on pricing and picked up on farm options, give me a call at 403-394-1711.
00:00:59.840 I'm Mike Van Dyke at Marketplace Commodities,
00:01:02.000 accurate real-time marketing information and pricing options.