MPC Daily Market Update Oct 6, 2023
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Summary
After a strong day in the markets yesterday, there's a little bit of a mixed bag in the market today. After everything was up yesterday, we ve got a few things down and some things still up. Let's take a look at these prices.
Transcript
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A little bit of a mixed bag in the markets today after everything was up so
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strong yesterday. We got a few things down, a few things still up. Let's take a
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look at these prices. Cash barley is holding at $3.45 per metric. Feed wheat
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is up $3 to $3.60 per metric and corn is unchanged at $3.55 per metric. Moving to
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the milling wheat markets, December Minneapolis futures slipped $0.09 to $7.23
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per bushel with local hard red spring bid for October movement at $9.60 per
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bushel delivered. In the oilseeds, nearby canola futures are up $1.70 to $712.90
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per metric ton with delivered values for October movement at $15.75 per bushel.
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Continuing on to the pulse markets, nearby red lentil prices are trading at $0.36.5
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per pound and yellow peas remain at $10.75 per bushel. Finishing up with the cattle
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market, December live cattle are up $1.30 per hundredweight to $1.86.675 per
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hundredweight. For more information on pricing and picked up on farm options,
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give me a call at 403-394-1711. I'm Mike Van Dyke at Marketplace Commodities,
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accurate real-time marketing information and pricing options.