Western Standard - October 30, 2023


MPC Daily Market Update Oct 30, 2023


Episode Stats

Length

1 minute

Words per Minute

117.58475

Word Count

148

Sentence Count

22


Summary

Feed Grain, Oilseeds, Cattle, Pulsals, Soybeans, Grains and Grains Futures. Today's feed grain prices range between $3.42-$9.65/bushel, wheat, barley, corn, soybeans, soymeal, and wheat futures are all steady to slightly lower. In the soybean markets, futures are off 1.5 cents at $7.18 per bushel, with local hard red spring bid for November delivery at $9.64/bushelled. Cattle markets inched up $0.77 at $1.83/100weight and soybeans are lower at $10.75/tons. In pulse markets, red lentils, yellow peas, and other pulse markets are holding at $11.75-$15.40/pound.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows.
00:00:04.480 Cash barley is holding at $3.42, feed wheat is steady at $3.50, while corn remains at $3.38 per ton.
00:00:12.240 In the milling wheat markets, December Minneapolis futures are off 1.5 cents at $7.18 per bushel,
00:00:18.560 with local hard red spring bid for November movement at $9.65 per bushel delivered.
00:00:24.000 Over to the oilseeds, nearby canola futures dipped $1.80 at $681.40 per ton,
00:00:30.240 with delivered values for November-December movement at $15.56 per bushel delivered.
00:00:36.480 In the pulse markets, red lentils are lower at $0.35 a pound, and yellow peas are holding at $10.75 per bushel.
00:00:43.840 Looking at the cattle markets, December live cattle inched up $0.77.5 at $1.83 per hundredweight.
00:00:51.200 For more information on pricing and picked up on-farm options, give me a call at 403-394-1711.
00:01:00.320 I'm Vera Buziak at Marketplace Commodities, accurate real-time marketing information and pricing options.