Western Standard - September 08, 2023


MPC Daily Market Update Sep 8, 2023


Episode Stats

Length

57 seconds

Words per Minute

140.42996

Word Count

135

Sentence Count

21


Summary

Grains, Livestock, and oilseeds prices drop across the board across the grain and pulse markets in the morning hours. Grain prices have dropped across most of the markets, with wheat, soybeans, corn, and soymeal falling the most in the past week.


Transcript

00:00:00.000 The current Lethbridge feed grain prices are as follows. Cash barley's at $3.45, feed wheat's at $3.64, and corn is higher $3 at $3.63 per metric ton.
00:00:11.820 In the milling wheat markets, December Minneapolis futures lost a penny at $7.73, with local hard red spring bids for September movement at $9.45 per bushel.
00:00:21.240 In the oilseeds, nearby canola features are down $8.20 at $7.74.70 per ton, with delivered values for September movement at $17.22 per bushel.
00:00:33.200 In the pulse markets, nearby red lentils are trading at $0.35 a pound, and yellow peas remain at $11 per bushel.
00:00:40.440 In the cattle markets, October live cattle dropped $0.70 at $1.82.95 per 100 weight.
00:00:46.620 For more information on grain marketing, call me at 403-394-1711.
00:00:52.780 I'm Sean Smith at Marketplace Commodities, accurate real-time marketing information and pricing options.