Western Standard - October 18, 2023


MPC Daily Market Update Oct 18, 2023


Episode Stats

Length

58 seconds

Words per Minute

136.50359

Word Count

133

Sentence Count

23


Summary

Grains, Cattle, Oilseeds, Pulsals, Grains, and Grains are all trading higher in the morning markets today. Grain prices are higher across the board, and futures are mixed across the grain and livestock markets.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows. Cash barbies at $3.42, feed wheats at $3.52, and corns trading at $3.39 per metric ton.
00:00:10.460 In the milling wheat markets, December Minneapolis futures increased $5.25 at $7.33, with local hard red spring bids for October movement at $9.66 per bushel.
00:00:21.040 In the oilseeds, nearby canola futures lost $6.30 at $7.12.90 per ton, with delivered values for October movement at $16.05 per bushel.
00:00:32.840 In the pulse markets, nearby red lentils are holding at $0.36.5 a pound, and yellow peas are trading at $10.75 per bushel.
00:00:41.360 In the cattle markets, December live cattle are up $0.15 at $1.8702 per 100 weight.
00:00:47.720 For more information on grain marketing, call me at 403-394-1711.
00:00:54.020 I'm Sean Smith at Marketplace Commodities, accurate real-time marketing information and pricing options.