[Farmmarketnews] Tuesday Ontario Commodity Report

Farm Market News - Ontario Commodity Report farmmarketnews at lists.sentex.ca
Tue Oct 15 16:04:02 EDT 2013


FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, October 15
(All Bases in CAD)
Bank of Canada Noon exchange rate was 1.0371 down 0.0014
Chicago corn closed slightly higher.

      DEC13   HI 4.44                         DEC14    HI 4.84  1/2
             LOW 4.36                                 LOW 4.77  1/2
            CLOSE4.43  1/2  Up 6 1/2                CLOSE 4.84   Up 5 1/4

            OLD CROP BASIS                          NEW CROP BASIS
Location    Spot   1mt   2mt   3mt  Adj $/bu   $/mt Cntrct  Adj   $/bu   $/mt
ELEVATORS        +DEC13+MAR14+MAR14
CK Low      -0.70                        3.74 147.04 -0.75         4.09 161.02
CK High     -0.60                        3.84 150.98 -0.65         4.19 164.95
CK Avg      -0.63                  -0.80 3.81 149.99 -0.67 -0.86   4.17 164.30
Essex Cty   -0.60                        3.84 150.98 -0.70         4.14 162.98
Mdsx Low    -0.60                        3.84 150.98 -0.65         4.19 164.95
Mdsx High   -0.60                        3.84 150.98 -0.65         4.19 164.95
Mdsx Avg    -0.60                  -0.78 3.84 150.98 -0.65 -0.84   4.19 164.95
Hensall     -0.60                        3.84 150.98 -0.63         4.22 165.94
Bruce       -0.60                        3.84 150.98 -0.65         4.19 164.95
Putnam      -0.60                        3.84 150.98 -0.65         4.19 164.95
Burford     -0.60                        3.84 150.98 -0.65         4.19 164.95
Port Perry  -0.60                        3.84 150.98 -0.65         4.19 164.95
Norfolk     -0.65                        3.79 149.01 -0.65         4.19 164.95
Palmerston  -0.60                        3.84 150.98 -0.60         4.24 166.92
Varna       -0.60                        3.84 150.98 -0.60         4.24 166.92
Trenton     -0.60                        3.84 150.98 -0.70         4.14 162.98
Winchester  N/A                                     N/A
North Gower -0.47                        3.97 156.10N/A
Huron FOB   -0.60                        3.84 150.98 -0.60         4.24 166.92
Kent FOB    -0.65                        3.79 149.01 -0.65         4.19 164.95
Lamb FOB    -0.65                        3.79 149.01 -0.65         4.19 164.95
Mdsx FOB    N/A  N/A   N/A   N/A                     -0.60         4.24 166.92
FOB SW Que  -0.50                        3.94 154.91N/A
Track        0.05                        4.49 176.57N/A
PROCESSORS
Chat-Eth    N/A   -0.55 -0.55 -0.50                  -0.55         4.29 168.89
Jhnstwn-Eth -0.35 -0.35 -0.30N/A         4.09 160.82 -0.35         4.49 176.76
Aylmer-Eth  N/A   -0.55 -0.55 -0.50                   N/A
Sarn-Eth    -0.45 -0.45 -0.35 -0.35      3.99 156.88N/A
Cllngwd-Eth N/A  N/A   N/A   N/A                     N/A*
London-Ing   0.20 -0.25 -0.45 -0.40      4.64 182.47N/A
Pt.Colb-Ing  0.45 -0.20 -0.40 -0.35      4.89 192.31N/A
Cardnl-Ing   0.45 -0.40 -0.40 -0.35      4.89 192.31N/A
W O Feed     0.67                   0.63 5.11 200.97

US Rep       0.70                   0.66 5.14 202.16
Toledo El.  -0.31                        4.12 162.32 -0.37         4.47 175.81

TRANSFER
Sarnia      N/A                                     N/A
Pt. Stanley -0.65                        3.79 149.01N/A
Hamilton    -0.56                        3.88152 5/9 -0.51         4.33170 1/2

MID SD CRN  -0.65 1                      3.78 1/2
HI SD CRN   -0.60                        3.83 1/2
*Wet Bid


Bank of Canada Noon exchange rate was 1.0371 down 0.0014
Chicago soybeans closed mixed.

       NOV13   HI 12.76  3/4          NOV14    HI 11.69  3/4
              LOW 12.64  1/4                  LOW 11.60
             CLOSE12.67   Down 6            CLOSE 11.64  3/4  Up  1/2

             OLD CROP                             NEW CROP
Location     Basis 1mt  2mt  3mt Adj.  $/bu  $/mt BasisAdj.  $/bu  $/mt
ELEVATORS         +NOV1+JAN1+JAN14
CK Low       -0.35                    12.32 452.68-0.50     11.15 409.60
CK High      -0.20                    12.47 458.19-0.35     11.30 415.11
CK Average   -0.28               -0.7812.39 455.13-0.42-0.8811.23 412.66
Essex Cty    -0.09                    12.58 462.24-0.28     11.37 417.68
Mdsx Low     -0.30                    12.37 454.52-0.44     11.21 411.81
Mdsx High    -0.30                    12.37 454.52-0.40     11.25 413.27
Mdsx Average -0.30               -0.8012.37 454.52-0.42-0.8811.23 412.54
Hensall      -0.28                    12.40 455.44-0.40     11.25 413.27
Bruce        -0.30                    12.37 454.52-0.40     11.25 413.27
Putnam       -0.30                    12.37 454.52 N/A
Burford      -0.30                    12.37 454.52-0.44     11.21 411.81
Port Perry   -0.25                    12.42 456.36-0.39     11.26 413.64
Norfolk      -0.30                    12.37 454.52-0.40     11.25 413.27
Palmerston   -0.25                    12.42 456.36-0.40     11.25 413.27
Varna        -0.25                    12.42 456.36-0.40     11.25 413.27
Trenton      -0.25                    12.42 456.36-0.50     11.15 409.60
Winchester    N/A                                  N/A
North Gower  0.11                     12.78 469.58 N/A
Huron FOB    -0.10                    12.57 461.87-0.30     11.35 416.95
Kent FOB     -0.35                    12.32 452.68-0.45     11.20 411.44
Lambton FOB  -0.35                    12.32 452.68-0.45     11.20 411.44
Middlesex FOB-0.21-0.16-0.05 N/A      12.46 457.83-0.35     11.30 415.11

PROCESSORS
Hamilton     0.20 0.25 0.35  N/A      12.87 472.890.00      11.65 427.97
Windsor      0.14 0.27 0.28 0.29      12.81 470.69-0.05     11.60 426.14
Winchester    N/A                                  N/A

TRANSFER
Hamilton     0.28  N/A  N/A  N/A      12.95 475.830.01      11.66 428.34
Pt. Stanley   N/A                                  N/A
Sarnia        N/A                                  N/A
Owen Sound    N/A                                  N/A
Sorel QC     0.74                     13.41 492.73 N/A

Toledo El.   -0.40                    12.27 451.03-0.50     11.15 409.64


Bank of Canada Noon exchange rate was 1.0371 down 0.0014
Chicago wheat closed slightly lower.
DEC13      HI     6.93  1/2             JUL14   HI      6.94  3/4
           LOW    6.85  1/4                     LOW        6.88
           CLOSE  6.85  3/4  Down 6 3/4         CLOSE   6.88  3/4  Down 5 1/4

Minni wheat closed slightly lower.
DEC13      HI     7.56  1/2             SEP14   HI      7.68  1/4
           LOW        7.50                      LOW     7.62  3/4
           CLOSE  7.50  1/4  Down 6 1/4         CLOSE   7.62  3/4  Down 3 3/4

GFO Cash Wheat Prices - DEL Terminal
Current Crop 13   Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                -0.35         -0.25           -0.51         -0.64
CAD $/bu              6.50          6.61            6.35          6.86
CAD $/tonne         239.01        242.83          233.28        252.18


Direct MarkHarvest 2013                 Harvest 2014
           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     N/A    N/A    N/A     N/A    -0.80   N/A
London      -0.99  -0.57   -0.73   N/A   -0.57   -0.62   -0.78   N/A
Hensall     -0.50   N/A    -0.75   N/A   -0.35    N/A    -0.80   N/A
Trenton      N/A    N/A     N/A    N/A    N/A     N/A    -1.05   N/A
Winchester   N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A
Essex        N/A    N/A    -1.02   N/A    N/A     N/A    -0.87   N/A
Norwich     -0.50   N/A    -0.75   N/A   -0.35    N/A    -0.80   N/A
Mt. Elgin    N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A
Kent Bridge -0.50   N/A    -0.70   N/A   -0.35    N/A    -0.80   N/A
Chatham      N/A   -0.90   -0.75   N/A    N/A     N/A    -0.85   N/A
Brigden      N/A   -0.90   -0.75   N/A    N/A     N/A    -0.85   N/A
Palmerston   N/A   -0.34   -0.76  -0.64   N/A    -0.44   -0.86  -0.68
Varna       -0.75  -0.30   -0.75   N/A   -0.55   -0.40   -0.80   N/A
Mitchell    -0.50  -0.30   -0.75   N/A   -0.35   -0.35   -0.80   N/A
Thornton     N/A    N/A     N/A   -0.58   N/A     N/A     N/A    N/A
North Gower  N/A    N/A     N/A   -0.26   N/A     N/A     N/A    N/A

TERMINAL
Sarnia       N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A
Hamilton     N/A    N/A    -0.21   N/A    N/A     N/A    -0.40   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        0.17N/A        0.90N/A        0.38N/A

Toledo El. 6.65US         6.91CA        6.76US          7.02CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 14        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                -0.35         -0.14           -0.56         -0.69
CAD $/bu              6.54          6.74            6.33          6.94
CAD $/tonne         240.15        247.79          232.51        255.05

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

FEED GRAINS
Bayport Wheat             280.00 - 300.00
Bayport Oats              285.00
Bayport Barley            260.00
FOB Hm Soymeal            500.90 - 519.64
DDG's FOB Srn & Aylm      255.00 - 265.00


-- 
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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