Western Standard - October 19, 2023


MPC Daily Market Update Oct 19, 2023


Episode Stats

Length

59 seconds

Words per Minute

130.1695

Word Count

128

Sentence Count

23


Summary

Fall wheat, corn, soybeans, canola, wheat, and soybeans are all slumping in the grain markets. Feed grain prices are falling across the board across the grain and oilseeds markets. In the livestock markets, December live cattle dipped $1.10 at $186.10 per hundredweight and December soybeans dropped $12.50 at $706.20 per bushel.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows.
00:00:04.900 Cash barley is down $2.00 at $3.40, feed wheat is down $2.00 at $3.50, and corn is down $4.00 at $335.00 per tawn.
00:00:14.000 In the milling wheat markets, December Minneapolis futures slid $1.25 at $7.32,
00:00:20.000 with local hard red spring bid for October movement at $9.05 per bushel.
00:00:25.000 In the oilseeds, nearby canola futures fell $12.50 at $706.20 per tawn,
00:00:32.000 with delivered values for October at $15.90 per bushel.
00:00:36.000 In the pulse markets, nearby red lentil prices are holding at $36.50 per pound,
00:00:41.000 and yellow peas are trading at $10.75 per bushel.
00:00:45.000 In the cattle markets, December live cattle dipped $1.10 at $186.10 per hundredweight.
00:00:52.000 I'm David Lee at Marketplace Commodities,
00:00:55.000 accurate real-time marketing information and pricing options.