Western Standard - October 27, 2023


MPC Daily Market Update Oct 27, 2023

Topics
cattle markets
Trudeau drops carbon tax on heating oil, increases rebate for Atlantic Canadians Alberta leading on economic reconciliation

Episode Stats


Length

1 minute

Words per minute

156.31

Word count

171

Sentence count

24


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

The commodity markets are basically inverted from what happened here yesterday. Let s take a look at the pricing today. Cash barley is holding $3.52, feed wheat is holding at $2.50, and corn is holding$3.38 per metric tonne. Moving to the wheat markets, December Minneapolis futures slipped $0.06 to $7.18 per bushel, with local hard red spring bid for November movement at $9.65/bushel delivered. In the oilseeds markets, canola futures gained $10.20 to $692.30 per tonne and yellow peas are trading at $$10.75/bagger. For more information on pricing and picked up on farm options, give me a call at 403-394-1711. I m Mike Van Dyke at Marketplace Commodities, accurate, real-time marketing information and pricing options.

Transcript

Transcript generated with Whisper (turbo).
Topics generated with Qwen2.5-3B-Instruct.
00:00:00.480 The commodity markets are basically inverted from what happened here yesterday.
00:00:04.380 Let's take a look at the pricing today.
00:00:06.140 Cash barley is holding at $3.52, feed wheat is holding at $3.50, and corn is holding at $3.38, all per metric tonne.
00:00:13.840 Moving to the milling wheat markets, December Minneapolis futures slipped $0.06 to $7.18 per bushel,
00:00:19.420 with local hard red spring bid for November movement at $9.65 per bushel delivered.
00:00:23.700 In the oilseeds, January canola futures gained $10.20 to $692.30 per metric tonne,
00:00:32.140 with delivered values for November-December movement at $15.50 per bushel.
00:00:36.600 Continuing on to the pulse markets, nearby red lentil prices are holding at $0.35 per pound,
00:00:41.800 and yellow peas are trading at $10.75 per bushel.
00:00:45.360 Finishing up with the cattle markets, December live cattle took a big jump.
00:00:48.660 They were up $3.08 to $1.82.40 per hundredweight.
00:00:53.700 For more information on pricing and picked up on farm options,
00:00:56.980 give me a call at 403-394-1711.
00:01:00.680 I'm Mike Van Dyke at Marketplace Commodities,
00:01:02.900 accurate real-time marketing information and pricing options.