Western Standard - October 03, 2023


MPC Daily Market Update Oct 3, 2023


Episode Stats

Length

1 minute

Words per Minute

146.8254

Word Count

148

Sentence Count

26


Summary

Here is what commodity prices are doing in Lethbridge today. Cash barley remains at $3.35/bushel, feed wheat is up $2.00/bag, while October corn is up 2.52/bag at $1.52, and November wheat is higher at $7.27/bag. In the wheat markets, December wheat futures are higher $0.09/bag with local hard red spring bid for October wheat at $9.40/bag and canola at $15.91/bag $10.75/bag in the canola markets, and in the grain markets, nearby red lentil prices are trading at $$0.50/pound, and yellow peas remain at $10/pound. In the cattle markets, futures for December live cattle are down $2-$2.35-$1.86/100weight.


Transcript

00:00:00.480 Here's what commodity prices are doing in Lethbridge today. Cash barley remains at
00:00:05.320 $3.35, feed wheat is up $3.00 at $3.50, while October corn is up $2.00 at $3.52
00:00:11.400 and November-December is trading at $3.18 per metric ton. In the milling
00:00:15.900 wheat markets, December Minneapolis futures are higher $0.09 at $7.27 a
00:00:20.040 bushel, with local hard red spring bid for October movement at $9.40. Looking at
00:00:25.680 canola, November futures added $9.80 at $7.16.80 per ton, with delivered values for
00:00:31.980 October movement at $15.91 per bushel. In the false markets, nearby red lentil
00:00:36.880 prices are trading at $0.36.50 per pound and yellow peas remain at $10.75. In the
00:00:43.040 cattle markets, December live cattle are down $2.35 at $1.86 per hundredweight. For
00:00:49.020 more information on pricing or picked up options, give me a call at 403-394-1711.
00:00:54.480 I'm Matt Busiekum at Marketplace Commodities, accurate real-time marketing
00:00:59.040 information and pricing options.