Western Standard - October 24, 2023


MPC Daily Market Update Oct 24, 2023


Episode Stats

Length

1 minute

Words per Minute

154.78146

Word Count

157

Sentence Count

22


Summary

With the first snow of the year, here's what prices are doing in the markets in Lethbridge today. (Good morning everyone) Today's prices: (00:00) Grain markets: (02:30) Cattle markets: (03:15) Soybean markets: [05:00] Canola prices: [07:30] Grains: [08:15] Soybeans: [09:40] Cows: [11:50] Soybean futures: [15:00], wheat: [19:30], barley: [23:00, corn: [26:00]. Soybeans, corn, soybeans, soymeal, meal: [30:00 Canola, wheat, canola, peas, red lentil, soybean oil: [36:00 ] Soybean prices: $7.27, $9.60, $15.44, $10.75, $16.86, $19.80, $20.00, $21.15, $23.00) Cattle prices: (01:05) (05:


Transcript

00:00:00.480 With the first snow of the year, here's what prices are doing in Lethbridge today.
00:00:04.020 Cash barley remains at $3.42, feed wheat is holding at $3.50 and corn is sideways
00:00:09.900 at $3.38 per metric tonne. In the milling wheat markets, December
00:00:13.720 Minneapolis futures dropped 10.25 cents to $7.27 per bushel, with local
00:00:18.440 hardware at spring bid for November movement at $9.60 per bushel. Looking at
00:00:23.400 canola, November futures are lower $4.90 at $6.8630 per tonne, with
00:00:28.880 delivered values for November-December movement at $15.44 per bushel. In the
00:00:33.980 pulse markets, nearby red lentil prices are lower a penny at $0.35 and a half
00:00:37.780 cents per pound and yellow peas are holding at $10.75 per bushel. In the cattle
00:00:43.160 markets, December live cattle are off $0.55 at $1.77.80 per hundredweight. For more
00:00:49.220 information on pricing or picked up options, give me a call at 403-394-1711.
00:00:54.920 I'm Matt Busiekum at Marketplace Commodities, accurate real-time marketing
00:00:59.360 information and pricing options.