[Farmmarketnews] Monday Ontario Commodity Report

Farm Market News - Ontario Commodity Report farmmarketnews at lists.sentex.ca
Mon Jun 23 15:51:56 EDT 2014


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FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, June 23
(All Bases in CAD)
Bank of Canada Noon exchange rate was 1.0731 down 0.0035
Chicago corn closed moderately lower.

      JUL14   HI 4.57  3/4                    DEC14    HI 4.57  1/4
             LOW 4.44                                 LOW 4.42
            CLOSE4.44  1/2  Down 8 3/4              CLOSE 4.42  1/2  Down 9 1/2

            OLD CROP BASIS                          NEW CROP BASIS
Location    Spot   1mt   2mt   3mt  Adj $/bu   $/mt Cntrct  Adj   $/bu   $/mt
ELEVATORS        +SEP14+SEP14+DEC14
CK Low      -0.05                        4.40 173.02 -0.20         4.23 166.33
CK High     -0.05                        4.40 173.02 -0.20         4.23 166.33
CK Avg      -0.05                  -0.38 4.40 173.02 -0.20 -0.53   4.23 166.33
Essex Cty    0.00                        4.45 174.99 -0.25         4.18 164.36
Mdsx Low    -0.05                        4.40 173.02 -0.20         4.23 166.33
Mdsx High   -0.05                        4.40 173.02 -0.20         4.23 166.33
Mdsx Avg    -0.05                  -0.38 4.40 173.02 -0.20 -0.53   4.23 166.33
Hensall     -0.05                        4.40 173.02 -0.20         4.23 166.33
Bruce       -0.05                        4.40 173.02 -0.20         4.23 166.33
Putnam      -0.05                        4.40 173.02 -0.20         4.23 166.33
Burford     -0.05                        4.40 173.02 -0.20         4.23 166.33
Port Perry  -0.05                        4.40 173.02 -0.20         4.23 166.33
Norfolk     -0.05                        4.40 173.02 -0.20         4.23 166.33
Palmerston  -0.10                        4.35 171.06 -0.15         4.28 168.30
Varna       -0.15                        4.30 169.09 -0.20         4.23 166.33
Trenton      0.00                        4.45 174.99 -0.10         4.33 170.27
Winchester   0.15                        4.60 180.90  0.07         4.50 176.96
North Gower  0.05                        4.50 176.96  0.02         4.45 174.99
Huron FOB    0.25                        4.70 184.83 -0.25         4.18 164.36
Kent FOB    -0.05                        4.40 173.02 -0.20         4.23 166.33
Lamb FOB    -0.05                        4.40 173.02 -0.20         4.23 166.33
Mdsx FOB     0.10N/A   N/A   N/A         4.55 178.93 -0.20         4.23 166.33
FOB SW Que   0.75                        5.20 204.52 -0.15         4.28 168.30
Track        0.38                        4.82 189.76N/A
PROCESSORS
Chat-Eth     0.15  0.15  0.20  0.20      4.60 180.90N/A
Jhnstwn-Eth N/A  N/A   N/A   N/A                    N/A
Aylmer-Eth   0.15  0.15  0.20  0.20      4.60 180.90  N/A
Sarn-Eth     0.20  0.30  0.35  0.40      4.65 182.87N/A
Cllngwd-Eth N/A  N/A   N/A   N/A                     N/A*
London-Ing  N/A  N/A   N/A     0.40                   0.05         4.48 176.17
Pt.Colb-Ing  0.50  0.55  0.60  0.60      4.95 194.68  0.10         4.53 178.14
Cardnl-Ing  N/A  N/A   N/A     0.60                   0.20         4.63 182.08
W O Feed     0.48                   0.40 4.93 193.89

US Rep       0.60                   0.52 5.05 198.61
Toledo El.  -0.14                        4.31 169.49 -0.33         4.09 161.08

TRANSFER
Sarnia      N/A                                     N/A
Pt. Stanley N/A                                     N/A
Hamilton     0.50                        4.95194 2/3  0.03         4.46175 2/5

MID SD CRN                                           -0.20         4.22 1/2
HI SD CRN                                            -0.20         4.22 1/2
*Wet Bid


Bank of Canada Noon exchange rate was 1.0731 down 0.0035
Chicago soybeans closed narrowly mixed.

       AUG14   HI 13.78               NOV14    HI 12.43  1/2
              LOW 13.49  1/2                  LOW 12.23  1/4
             CLOSE13.65  1/2  Up 4          CLOSE 12.33  3/4  Up 2 1/4

             OLD CROP                             NEW CROP
Location     Basis 1mt  2mt  3mt Adj.  $/bu  $/mt BasisAdj.  $/bu  $/mt
ELEVATORS         +AUG1+AUG1+NOV14
CK Low       1.76                     15.42 566.400.22      12.56 461.41
CK High      1.90                     15.56 571.550.35      12.69 466.19
CK Average   1.84                0.82 15.50 569.470.29 -0.6312.63 464.04
Essex Cty    2.19                     15.85 582.200.50      12.84 471.70
Mdsx Low     1.76                     15.42 566.400.22      12.56 461.41
Mdsx High    1.85                     15.51 569.710.25      12.59 462.51
Mdsx Average 1.81                0.78 15.46 568.060.24 -0.6912.57 461.96
Hensall      1.88                     15.53 570.630.28      12.61 463.43
Bruce        1.90                     15.56 571.550.30      12.64 464.35
Putnam       1.90                     15.56 571.550.30      12.64 464.35
Burford      1.79                     15.45 567.510.25      12.59 462.51
Port Perry   1.76                     15.42 566.400.22      12.56 461.41
Norfolk      1.78                     15.44 567.140.28      12.62 463.61
Palmerston   1.90                     15.56 571.550.30      12.64 464.35
Varna        1.99                     15.65 574.860.40      12.74 468.02
Trenton      1.85                     15.51 569.710.25      12.59 462.51
Winchester   1.85                     15.51 569.710.60      12.94 475.37
North Gower  2.20                     15.86 582.570.64      12.98 476.84
Huron FOB    2.00                     15.66 575.220.40      12.74 468.02
Kent FOB     1.83                     15.49 568.980.28      12.62 463.61
Lambton FOB  1.83                     15.49 568.980.28      12.62 463.61
Middlesex FOB1.96  N/A  N/A  N/A      15.62 573.750.45      12.79 469.86

PROCESSORS
Hamilton     2.24 2.31  N/A  N/A      15.90 584.040.79      13.13 482.35
Windsor      2.42 2.27  N/A  N/A      16.08 590.660.72      13.06 479.78
Winchester    N/A                                  N/A

TRANSFER
Hamilton     2.44  N/A  N/A  N/A      16.10 591.390.70      13.04 479.05
Pt. Stanley   N/A                                  N/A
Sarnia        N/A                                  N/A
Owen Sound    N/A                                  N/A
Sorel QC     1.46                     15.12 555.380.00      12.34 453.33

Toledo El.   0.72                     14.38 528.20-0.30     12.04 442.27


Bank of Canada Noon exchange rate was 1.0731 down 0.0035
Chicago wheat closed slightly lower.
JUL14      HI         5.93              JUL14   HI         5.93
           LOW    5.77  3/4                     LOW     5.77  3/4
           CLOSE  5.79  3/4  Down 5 1/2         CLOSE   5.79  3/4  Down 5 1/2

Minni wheat closed slightly lower.
JUL14      HI         7.00              SEP14   HI      7.04  3/4
           LOW        6.83                      LOW     6.87  3/4
           CLOSE  6.85  1/4  Down 5 1/4         CLOSE   6.91   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                 0.06          0.17           -0.16         -0.45
CAD $/bu              5.86          5.96            5.64          6.40
CAD $/tonne         215.18        219.13          207.28        235.13


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     0.10   -0.39   N/A
London      0.07    0.29   -0.41   N/A    0.08    0.08   -0.40   N/A
Hensall     0.25    N/A    -0.30   N/A    0.25    N/A    -0.35   N/A
Trenton      N/A    N/A     N/A    N/A    N/A     N/A    -0.20   N/A
Winchester   N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A
Essex        N/A    N/A    -0.30   N/A    N/A     N/A    -0.40   N/A
Norwich     0.25    N/A    -0.30   N/A    0.25    N/A    -0.35   N/A
Mt. Elgin    N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A
Kent Bridge 0.25    N/A    -0.30   N/A    0.25    N/A    -0.35   N/A
Chatham      N/A    N/A     N/A    N/A    N/A     N/A    -0.40   N/A
Brigden      N/A    N/A     N/A    N/A    N/A     N/A    -0.40   N/A
Palmerston   N/A    0.29   -0.36  -0.03   N/A     0.21   -0.34  -0.38
Varna       0.25    0.50   -0.25   N/A    0.25    0.15   -0.30   N/A
Mitchell    0.25    0.50   -0.30   N/A    0.25    0.15   -0.35   N/A
Thornton     N/A    N/A     N/A   -1.04   N/A     N/A     N/A    N/A
North Gower  N/A    N/A     N/A   -0.40   N/A     N/A     N/A   -0.15

TERMINAL
Sarnia       N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A
Hamilton     N/A    N/A     N/A    N/A    N/A     N/A    -0.10   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        0.60N/A        0.87N/A        0.60N/A

Toledo El. 5.77US         6.20CA        5.82US          6.25CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 14        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 0.11          0.22           -0.26         -0.29
CAD $/bu              5.91          6.02            5.53          6.62
CAD $/tonne         217.16        221.11          203.33        243.33

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

FEED GRAINS
Bayport Wheat             280.00 - 340.00
Bayport Oats              360.00
Bayport Barley            280.00
FOB Hm Soymeal            610.47 - 617.08
DDG's FOB Srn & Aylm      275.00 - 305.00



-- 
John Jordan 
Editor, AgriLink and Farm Market News 
University of Guelph, Ridgetown Campus 
Tel. 519-674-1500 x 63577 
Fax. 519-674-1530 

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