MPC Daily Market Update Sep 11, 2023
Episode Stats
Words per Minute
126.598465
Summary
Today's feed grain prices are down across the grain markets, wheat, corn, soybeans, canola, and wheat futures are all down. Cattle markets are mixed and soybean prices are also down. Today's market commentary is from David Lee at Marketplace Commodities.
Transcript
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The current Lethbridge feed grain prices are as follows.
00:00:03.680
Cash barley is down $4 at $3.41, feed wheat is down $6 at $3.58, and corn is down $5 at $358 per ton.
00:00:14.080
In the milling wheat markets, December Minneapolis futures are down $3.75 at $7.67,
00:00:19.760
with local hard red spring bid for September movement at $9.25 per bushel.
00:00:24.560
In the oil seeds, nearby canola futures are down $12 at $768.10 per ton,
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with deliberate values for September movement at $17 per bushel.
00:00:35.120
In the pulse markets, nearby red lentil prices are trading at $0.35 per pound,
00:00:42.400
Over to the cattle markets, Hocktober Live Cattle added $0.72 at $183.95 per hundredweight.
00:00:52.560
Accurate real-time marketing information and pricing options.