Western Standard - October 16, 2023


MPC Daily Market Update Oct 16, 2023


Episode Stats

Length

1 minute

Words per Minute

106.0

Word Count

159

Sentence Count

23


Summary

Feed Grain and Cattle markets steady, soybeans rise, wheat rises, canola inched higher, wheat holds, soymeal holds, pulse markets hold, soybean oilseeds hold, wheat futures rise, and futures for soybeans inched up $2.50 at $722.50 per bushel, and soymeal futures are higher $0.60 at $1.8565 per hundredweight. For more information on pricing and picking up on-farm options, give me a call at 403-394-1711. I m Vera Buziak at Marketplace Commodities. Accurate, real-time marketing information and pricing options. Call me at 403.394.1711 and I'll give you the lowdown on the day-to-day feed grain market.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows.
00:00:04.800 Cache barley is steady at $3.45, feed wheat remains at $3.55, with corn sideways at $3.44 a ton.
00:00:12.800 In the milling wheat markets, December Minneapolis futures increased $6.25 at $7.28 per bushel,
00:00:19.800 with local hardware at spring bid for October movement at $9.66 per bushel delivered.
00:00:25.000 Over to the oilseeds, nearby canola futures inched up $2.50 at $722.50 per ton,
00:00:33.000 with delivered values for October movement at $16.04 per bushel.
00:00:37.000 And in the pulse markets, red lentils are holding at $0.365 a pound,
00:00:42.000 yellow peas are trading at $10.75 per bushel.
00:00:46.000 Looking at the cattle markets, December live cattle are higher $0.60 at $1.8565 per hundredweight.
00:00:54.000 For more information on pricing and picked up on-farm options,
00:00:57.000 give me a call at 403-394-1711.
00:01:02.000 I'm Vera Buziak at Marketplace Commodities.
00:01:05.000 Accurate real-time marketing information and pricing options.
00:01:09.000 Call on-farm set of Ontario executives,
00:01:13.000 I'm a
00:01:26.000 general chief marketing program by Motorhow,