[Farmmarketnews] Wednesday Ontario Commodity Report

Farm Market News - Ontario Commodity Report farmmarketnews at lists.sentex.ca
Wed Jan 16 15:50:33 EST 2013


FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, January 16
(All Bases in CAD)
Bank of Canada Noon exchange rate was 0.985 up 0.0011
Chicago corn closed slightly higher.

      MAR13   HI 7.35                         DEC13    HI 5.93
             LOW 7.24  1/2                            LOW 5.84  3/4
            CLOSE7.31  1/4  Up  3/4                 CLOSE 5.92  1/4  Up 3

            OLD CROP BASIS                          NEW CROP BASIS
Location    Spot   1mt   2mt   3mt  Adj $/bu   $/mt Cntrct  Adj   $/bu   $/mt
ELEVATORS        +MAR13+MAR13+MAY13
CK Low      -0.60                        6.71 264.26 -0.75         5.17 203.63
CK High     -0.55                        6.76 266.23 -0.70         5.22 205.60
CK Avg      -0.58                  -0.48 6.74 265.24 -0.74 -0.68   5.18 203.96
Essex Cty   -0.60                        6.71 264.26 -0.75         5.17 203.63
Mdsx Low    -0.60                        6.71 264.26 -0.75         5.17 203.63
Mdsx High   -0.55                        6.76 266.23 -0.75         5.17 203.63
Mdsx Avg    -0.58                  -0.48 6.74 265.24 -0.75 -0.68   5.17 203.63
Hensall     -0.63                        6.69 263.28 -0.73         5.20 204.62
Bruce       -0.65                        6.66 262.29 -0.75         5.17 203.63
Putnam      -0.60                        6.71 264.26 -0.75         5.17 203.63
Burford     -0.55                        6.76 266.23 -0.75         5.17 203.63
Port Perry  -0.55                        6.76 266.23 -0.75         5.17 203.63
Norfolk     -0.55                        6.76 266.23 -0.75         5.17 203.63
Palmerston  -0.60                        6.71 264.26 -0.70         5.22 205.60
Varna       -0.60                        6.71 264.26 -0.70         5.22 205.60
Trenton     -0.60                        6.71 264.26 -0.70         5.22 205.60
Winchester  -0.30                        7.01 276.07 -0.65         5.27 207.57
North Gower -0.62                        6.69 263.47 -0.82         5.10 200.88
Huron FOB   -0.50                        6.81 268.20 -0.70         5.22 205.60
Kent FOB    -0.55                        6.76 266.23 -0.75         5.17 203.63
Lamb FOB    -0.55                        6.76 266.23 -0.75         5.17 203.63
Mdsx FOB    -0.55 -0.55 -0.55N/A         6.76 266.23 -0.70         5.22 205.60
FOB SW Que  -0.50                        6.81 268.20 -0.50         5.42 213.47
Track       -0.20                        7.11 280.01N/A
PROCESSORS
Chat-Eth    N/A  N/A   N/A   N/A                    N/A
Jhnstwn-Eth N/A  N/A   N/A   N/A                    N/A
Aylmer-Eth  N/A  N/A    -0.35 -0.30                   N/A
Sarn-Eth    -0.30 -0.30 -0.30 -0.20      7.01 276.07N/A
Cllngwd-Eth N/A  N/A   N/A   N/A                     N/A*
London-Cas  N/A  N/A   N/A   N/A                     -0.55         5.37 211.51
Pt.Colb-Cas N/A  N/A   N/A   N/A                     -0.50         5.42 213.47
Cardnl-Cas  N/A  N/A   N/A   N/A                     -0.45         5.47 215.44
W O Feed    -0.22                  -0.21 7.09 279.22

US Rep       0.45                   0.46 7.76 305.60
Toledo El.   0.11                        7.42 292.16 -0.28         5.65 222.26

TRANSFER
Sarnia      N/A                                     N/A
Pt. Stanley -0.55                        6.76 266.23 -0.75         5.17203 5/8
Hamilton    -0.55                        6.76266 2/9 -0.58         5.34210 1/3

MID SD CRN  -0.57   1/2                  6.73 3/4
HI SD CRN   -0.55                        6.76 1/4
*Wet Bid


Bank of Canada Noon exchange rate was 0.985 up 0.0011
Chicago soybeans closed moderately higher.

       MAR13   HI 14.39               NOV13    HI 13.00
              LOW 14.12  1/4                  LOW 12.80
             CLOSE14.36  1/2  Up 23         CLOSE 12.97   Up 13 3/4

             OLD CROP                             NEW CROP
Location     Basis 1mt  2mt  3mt Adj.  $/bu  $/mt BasisAdj.  $/bu  $/mt
ELEVATORS         +MAR1+MAR1+MAY13
CK Low       -0.75                    13.62 500.27-1.00     11.97 439.82
CK High      -0.66                    13.71 503.57-0.95     12.02 441.66
CK Average   -0.73               -0.5513.63 500.94-0.98-0.8311.99 440.62
Essex Cty    -0.60                    13.77 505.78-0.78     12.19 447.91
Mdsx Low     -0.71                    13.66 501.74-0.95     12.02 441.66
Mdsx High    -0.70                    13.67 502.10-0.94     12.03 442.03
Mdsx Average -0.71               -0.5213.66 501.92-0.95-0.8012.03 441.84
Hensall      -0.70                    13.67 502.10-0.95     12.02 441.66
Bruce        -0.70                    13.67 502.10-0.95     12.02 441.66
Putnam       -0.70                    13.67 502.10-1.00     11.97 439.82
Burford      -0.71                    13.66 501.74-0.94     12.03 442.03
Port Perry   -0.74                    13.63 500.63-0.97     12.00 440.92
Norfolk      -0.66                    13.71 503.57-0.93     12.04 442.39
Palmerston   -0.75                    13.62 500.27-0.95     12.02 441.66
Varna        -0.75                    13.62 500.27-0.95     12.02 441.66
Trenton      -0.55                    13.82 507.61-0.90     12.07 443.50
Winchester   -0.45                    13.92 511.29-0.85     12.12 445.33
North Gower  -0.82                    13.55 497.69-0.88     12.09 444.23
Huron FOB    -0.55                    13.82 507.61-0.90     12.07 443.50
Kent FOB     -0.66                    13.71 503.57-0.95     12.02 441.66
Lambton FOB  -0.66                    13.71 503.57-0.95     12.02 441.66
Middlesex FOB-0.65-0.54-0.54 N/A      13.72 503.94-0.78     12.19 447.91

PROCESSORS
Hamilton     -0.35-0.30-0.30-0.25     14.02 514.96-0.55     12.42 456.36
Windsor      -0.37-0.37-0.37 N/A      14.00 514.23-0.55     12.42 456.36
Winchester    N/A                                  N/A

TRANSFER
Hamilton     -0.40 N/A  N/A  N/A      13.97 513.13-0.40     12.57 461.87
Pt. Stanley   N/A                                  N/A
Sarnia        N/A                                  N/A
Owen Sound    N/A                                  N/A
Sorel QC     0.00                     14.37 527.82-0.20     12.77 469.22

Toledo El.   0.06                     14.42 530.00-0.33     12.64 464.57


Bank of Canada Noon exchange rate was 0.985 up 0.0011
Chicago wheat closed slightly higher.
MAR13      HI         7.91              JUL13   HI      8.02  1/4
           LOW        7.77                      LOW     7.89  1/4
           CLOSE  7.85   Up 2 1/4               CLOSE   7.97  1/4  Up 3

Minni wheat closed slightly higher.
MAR13      HI     8.75  1/4             SEP13   HI      8.91  3/4
           LOW        8.65                      LOW     8.84  1/2
           CLOSE  8.71  1/2  Up 5 1/4           CLOSE   8.89   Up 5 1/4

GFO Cash Wheat Prices - DEL Terminal
Current Crop 12   Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                -0.69         -0.59           -0.84         -1.05
CAD $/bu              7.16          7.26            7.01          7.67
CAD $/tonne         263.05        266.68          257.61        281.74


Direct MarkHarvest 2012                 Harvest 2013
           DELIVERED BASIS              DELIVERED BASIS
Location   SWW(C) HRW(C)  SRW(C) HRS(M) SWW(C)  HRW(C)  SRW(C) HRS(M)
ELEVATORS
Brgssvll     N/A    N/A    -1.00   N/A    N/A    -1.00   -1.15   N/A
London      -0.87  -0.92   -1.07   N/A   -0.92   -0.97   -1.22   N/A
Hensall     -0.75   N/A    -1.00   N/A   -0.70    N/A    -1.15   N/A
Trenton      N/A    N/A     N/A    N/A    N/A     N/A    -1.30   N/A
Winchester   N/A    N/A     N/A    N/A    N/A     N/A     N/A   -1.05
Essex        N/A    N/A    -1.08   N/A    N/A     N/A    -1.22   N/A
Norwich     -0.75   N/A    -1.00   N/A   -0.70    N/A    -1.15   N/A
Mt. Elgin    N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A
Kent Bridge -0.80   N/A    -1.00   N/A   -0.75    N/A    -1.20   N/A
Chatham      N/A   -0.95   -1.00   N/A    N/A    -0.99   -1.18   N/A
Brigden      N/A   -0.95   -1.00   N/A    N/A    -0.99   -1.18   N/A
Palmerston   N/A   -0.69   -1.04  -0.83   N/A    -0.87   -1.27  -1.08
Varna       -0.75  -0.85   -1.00   N/A   -0.70   -1.05   -1.15   N/A
Mitchell    -0.75  -1.00   -1.00   N/A   -0.70   -1.05   -1.15   N/A
Thornton     N/A    N/A     N/A   -1.84   N/A     N/A     N/A    N/A
North Gower  N/A    N/A     N/A   -1.06   N/A     N/A     N/A   -1.05

TERMINAL
Sarnia       N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A
Hamilton     N/A    N/A    -0.70   N/A    N/A     N/A    -0.90   N/A
Pt. Stanley  N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A

PROCESSORS
Toledo FM  N/A    N/A       -0.20N/A        0.31N/A       -0.29N/A

Toledo El. 7.59US         7.49CA        7.74US          7.66CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 13        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                -0.58         -0.48           -1.03         -1.04
CAD $/bu              7.39          7.49            6.94          7.85
CAD $/tonne         271.53        275.16          255.17        288.51

(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange

FEED GRAINS
Bayport Wheat             350.00 - 375.00
Bayport Oats              328.00
Bayport Barley            320.00
FOB Hm Soymeal            470.81 - 481.83
DDG's FOB Srn, Wndr, Aylm 285.00 - 290.00



-- 
John Jordan
Editor, AgriLink and Farm Market News
University of Guelph, Ridgetown Campus
Tel. 519-674-1500 x 63577
Fax. 519-674-1530
E-mail: jjordan at uoguelph.ca
AgriLink website : www.ridgetownc.com/agrilink 
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