Western Standard - January 30, 2023


The wackiest houses in the world


Episode Stats

Length

2 minutes

Words per Minute

135.39943

Word Count

300

Sentence Count

64


Summary

The market is looking like the start line at a quarter mile racetrack, with all lights showing green. Canola futures jumped $17.20 to $8.25/bushel, wheat rose $1.95 to $4.44/sheet, and soybeans rose $3.45 to $11.45/bagger. Cattle markets are also up, and there are a few markets going sideways.


Transcript

00:00:00.000 We've got the commodity market
00:00:29.980 looking like the start line at a quarter mile racetrack with all lights showing green.
00:00:34.160 The market's up this morning quite a bit.
00:00:36.180 We've got March Minneapolis futures are up three and a quarter cents to $9.25 per bushel
00:00:40.800 and local hard red spring bid for Feb March movement at $11.45 per bushel delivered.
00:00:46.300 In the oil seeds, nearby canola futures jumped $17.20 to $8.25 per metric ton
00:00:52.280 with delivered values for February movement at $18.25 per bushel.
00:00:56.480 And taking a look at the cattle markets,
00:00:58.280 February live cattle are also up $1.95 to $1.68 and two-thirds per hundredweight.
00:01:03.980 There are a few markets going sideways.
00:01:06.020 Pulse markets, for example, red lentils are trading at $0.30 per pound
00:01:09.680 and the yellow peas are holding at $1.250 per bushel.
00:01:13.480 Same with the cash feed market.
00:01:16.620 We've got barley trading at $4.25 per metric,
00:01:19.760 feed wheat holding at $4.44 per metric,
00:01:22.680 and corn is unchanged at $4.45 per metric as well.
00:01:25.620 For more information on pricing and picked up on farm options,
00:01:29.140 give me a call at 403-394-1711.
00:01:32.880 I'm Mike Van Dyke at Marketplace Commodities,
00:01:35.240 accurate real-time marketing information and pricing options.
00:01:38.360 You can become a Western Standard member for just $10 a month
00:01:41.260 or $99 a year for unlimited access.
00:01:43.960 to do what your needs is.
00:01:44.980 Good night.
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