MPC Daily Market Update Sep 18, 2023
Episode Stats
Words per Minute
161.4679
Summary
Monday morning grains, wheat, soybeans, canola, and pulse markets hit new lows in the early morning hours of the markets. Let's take a look at what's going on in the markets and see if there's anything to be worried about.
Transcript
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Well, we're kicking off Monday with seeing a bunch of red in the markets.
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Let's take a look at a few of these prices here.
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Cash bar is holding at $3.40 a metric and wheat is unchanged at $3.55 a metric.
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Moving to the milling wheat markets, December Minneapolis futures slid $0.12 to $7.77 per bushel
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with local hard red spring bid for September movement at $9.55 per bushel delivered.
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In the oil seeds, nearby canola futures fell $20.40 to $7.43.50 per metric ton
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with delivered values for September movement at $17 per bushel.
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Continuing on to the pulse markets, nearby red Lanzo prices are trading at $0.36 per pound
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Finishing up with the cattle markets, October live cattle are off $0.35 to $1.86, $5.75 per hundredweight.
00:00:52.920
For more information on pricing and picked up on farm options, give me a call at 403-394-1711.
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Accurate real-time marketing information and pricing options.