MPC Daily Market Update Sep 6, 2023
Episode Stats
Summary
Grains, Oilseeds, Cattle, and Pulses all hit new record highs on Wednesday morning. Grain prices rose across the board across the grain and oilseeds markets, while soybeans and wheat hit new records.
Transcript
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The current Lethbridge feed grain prices are as follows. Cash barley remains at $3.45.
00:00:07.600
Feed wheat added $4, sitting at $3.64, while corn is holding at $3.60. In the milling wheat markets,
00:00:16.140
December Minneapolis futures jumped $0.20 at $7.82 per bushel, with local hard red
00:00:21.840
spring bid for September movement at $9.25 per bushel delivered. Over to the oilseeds,
00:00:27.840
nearby canola futures are down $2.90 at $794.60 per ton, with delivered values for September
00:00:35.280
movement at $17.68 per bushel. The pulse markets are unchanged, with red lentils trading at $0.35
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a pound and yellow peas at $11 per bushel. Looking at the cattle markets, October live cattle spiked
00:00:50.480
$0.77 and a half cents at $180.72 per hundredweight. For more information on pricing and picked up
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on-farm options, give me a call at 403-394-1711. I'm Vera Buziak at Marketplace Commodities,
00:01:05.840
accurate real-time marketing information, and pricing options.