[Farmmarketnews] Monday Ontario Commodity Report

Farm Market News - Ontario Commodity Report farmmarketnews at lists.sentex.ca
Mon Oct 13 14:49:46 EDT 2014


FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, October 13
(All Bases in CAD)
Bank of Canada Noon exchange rate was 1.1177 up 0.0000
Chicago corn closed moderately higher to higher.

      DEC14   HI 3.47  1/2                    DEC15    HI 3.93  1/4
             LOW 3.30  1/2                            LOW 3.78  1/2
            CLOSE3.46   Up 12                       CLOSE 3.92   Up 10 1/4

            OLD CROP BASIS                          NEW CROP BASIS
Location    Spot   1mt   2mt   3mt  Adj $/bu   $/mt Cntrct  Adj   $/bu   $/mt
ELEVATORS        +DEC14+MAR15+MAR15
CK Low       0.30                        3.76 148.02 -0.10         3.82 150.39
CK High      0.35                        3.81 149.99 -0.10         3.82 150.39
CK Avg       0.33                  -0.10 3.79 149.01 -0.10 -0.58   3.82 150.39
Essex Cty    0.35                        3.81 149.99 -0.05         3.87 152.36
Mdsx Low     0.35                        3.81 149.99 -0.10         3.82 150.39
Mdsx High    0.35                        3.81 149.99 -0.10         3.82 150.39
Mdsx Avg     0.35                  -0.07 3.81 149.99 -0.10 -0.58   3.82 150.39
Hensall      0.35                        3.81 149.99 -0.08         3.85 151.37
Bruce        0.35                        3.81 149.99 -0.10         3.82 150.39
Putnam       0.35                        3.81 149.99 -0.10         3.82 150.39
Burford      0.35                        3.81 149.99 -0.10         3.82 150.39
Port Perry   0.35                        3.81 149.99 -0.10         3.82 150.39
Norfolk      0.35                        3.81 149.99 -0.10         3.82 150.39
Palmerston   0.35                        3.81 149.99 -0.10         3.82 150.39
Varna        0.35                        3.81 149.99 -0.05         3.87 152.36
Trenton      0.30                        3.76 148.02 -0.10         3.82 150.39
Winchester   0.55                        4.01 157.87 -0.05         3.87 152.36
North Gower  0.55                        4.01 157.87 -0.05         3.87 152.36
Huron FOB    0.30                        3.76 148.02N/A
Kent FOB     0.35                        3.81 149.99 -0.10         3.82 150.39
Lamb FOB     0.35                        3.81 149.99 -0.10         3.82 150.39
Mdsx FOB     0.70N/A   N/A   N/A         4.16 163.77N/A
FOB SW Que   0.90                        4.36 171.65N/A
Track        1.20                        4.66 183.46N/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   0.45  0.45  0.45  0.50      3.91 153.93  N/A
Sarn-Eth    N/A    0.55  0.50  0.50                 N/A
Cllngwd-Eth N/A  N/A   N/A   N/A                     N/A*
London-Ing   1.15  0.95  0.50  0.60      4.61 181.49N/A
Pt.Colb-Ing  1.10  1.10  0.55  0.65      4.56 179.52N/A
Cardnl-Ing  N/A    1.05  0.60  0.70                 N/A
W O Feed     1.59                   1.46 5.05 198.81

US Rep       1.60                   1.47 5.06 199.20
Toledo El.  -0.17                        3.29 129.59 -0.48         3.44 135.33

TRANSFER
Sarnia      N/A                                     N/A
Pt. Stanley N/A                                     N/A
Hamilton     0.50                        3.96155 8/9N/A

MID SD CRN   0.32   1/2                  3.78 1/2
HI SD CRN    0.35                        3.81
*Wet Bid


Bank of Canada Noon exchange rate was 1.1177 up 0.0000
Chicago soybeans closed moderately higher.

       NOV14   HI 9.51                NOV15    HI 9.67  1/4
              LOW 9.15  3/4                   LOW 9.38  1/4
             CLOSE9.45  1/4  Up 22 3/4      CLOSE 9.62  1/4  Up 18 1/4

             OLD CROP                             NEW CROP
Location     Basis 1mt  2mt  3mt Adj.  $/bu  $/mt BasisAdj.  $/bu  $/mt
ELEVATORS         +NOV1+JAN1+JAN15
CK Low       0.38                      9.83 361.280.15       9.77 359.08
CK High      0.45                      9.90 363.850.25       9.87 362.75
CK Average   0.44                -0.72 9.89 363.300.20 -0.97 9.82 360.98
Essex Cty    0.64                     10.09 370.840.41      10.03 368.63
Mdsx Low     0.41                      9.86 362.380.20       9.82 360.92
Mdsx High    0.45                      9.90 363.850.21       9.83 361.28
Mdsx Average 0.43                -0.72 9.88 363.120.21 -0.97 9.83 361.10
Hensall      0.45                      9.90 363.850.20       9.82 360.92
Bruce        0.45                      9.90 363.850.20       9.82 360.92
Putnam       0.45                      9.90 363.850.20       9.82 360.92
Burford      0.44                      9.89 363.490.24       9.86 362.38
Port Perry   0.41                      9.86 362.380.21       9.83 361.28
Norfolk      0.38                      9.83 361.280.18       9.80 360.18
Palmerston   0.45                      9.90 363.850.20       9.82 360.92
Varna        0.45                      9.90 363.850.20       9.82 360.92
Trenton      0.50                      9.95 365.690.20       9.82 360.92
Winchester   0.95                     10.40 382.230.60      10.22 375.61
North Gower  1.14                     10.59 389.210.62      10.24 376.35
Huron FOB    0.50                      9.95 365.69 N/A
Kent FOB     0.38                      9.83 361.280.18       9.80 360.18
Lambton FOB  0.38                      9.83 361.280.18       9.80 360.18
Middlesex FOB0.68  N/A  N/A  N/A      10.13 372.310.21       9.83 361.28

PROCESSORS
Hamilton     1.04 0.88 0.90 0.96      10.49 385.530.65      10.27 377.45
Windsor      1.45 0.61 0.99 1.11      10.90 400.600.64      10.26 377.08
Winchester    N/A                                  N/A

TRANSFER
Hamilton     1.45  N/A  N/A  N/A      10.90 400.600.90      10.52 386.64
Pt. Stanley   N/A                                  N/A
Sarnia        N/A                                  N/A
Owen Sound    N/A                                  N/A
Sorel QC     1.73                     11.18 410.891.00      10.62 390.31

Toledo El.   -0.19                     9.26 340.31-0.43      9.20 337.90


Bank of Canada Noon exchange rate was 1.1177 up 0.0000
Chicago wheat closed slightly higher.
DEC14      HI     5.06  1/2             JUL15   HI         5.31
           LOW    4.95  1/2                     LOW        5.20
           CLOSE  5.05  1/4  Up 6 3/4           CLOSE   5.29  3/4  Up 7

Minni wheat closed slightly higher.
DEC14      HI     5.61  1/2             JUL15   HI         5.90
           LOW    5.50  1/4                     LOW     5.83  1/2
           CLOSE  5.58  3/4  Up 5 1/2           CLOSE   5.87  1/4  Up 4

GFO Cash Wheat Prices - DEL Terminal
Current Crop 14   Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 0.73          0.84            0.34          0.18
CAD $/bu              5.78          5.89            5.39          5.76
CAD $/tonne         212.39        216.51          197.96        211.77


Direct MarkHarvest 2014                 Harvest 2015
           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    -0.50   N/A    N/A     N/A    -0.30   N/A
London      0.82    0.60   -0.07   N/A    0.24    0.52   -0.42   N/A
Hensall     1.00    N/A    -0.05   N/A    0.30    N/A    -0.35   N/A
Trenton      N/A    N/A    -0.20   N/A    N/A     N/A     N/A    N/A
Winchester   N/A    N/A     N/A   0.05    N/A     N/A     N/A    N/A
Essex        N/A    N/A    0.00    N/A    N/A     N/A    -0.30   N/A
Norwich     1.00    N/A    -0.05   N/A    0.30    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 1.00    N/A    -0.05   N/A    0.30    N/A    -0.35   N/A
Chatham      N/A    0.60   -0.10   N/A    N/A     0.50   -0.32   N/A
Brigden      N/A    0.60   -0.10   N/A    N/A     0.50   -0.32   N/A
Palmerston   N/A    0.68   -0.09  0.11    N/A     0.55  -33.00   N/A
Varna       1.00    0.75   0.05    N/A    0.30    0.55   -0.30   N/A
Mitchell    1.00    0.75   -0.05   N/A    0.30    0.55   -0.35   N/A
Thornton     N/A    N/A     N/A   -0.34   N/A     N/A     N/A    N/A
North Gower  N/A    N/A     N/A   0.14    N/A     N/A     N/A   -0.21

TERMINAL
Sarnia       N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A
Hamilton     N/A    N/A    0.44    N/A    N/A     N/A    0.00    N/A
Pt. Stanley  N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A

PROCESSORS
Toledo FM     2.30N/A        0.95N/A    N/A     N/A        0.87N/A

Toledo El. N/A                          5.12US          5.74CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 15        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 0.42          0.81           -0.03         -0.18
CAD $/bu              5.72          6.11            5.27          5.69
CAD $/tonne         210.12        224.55          193.63        209.09

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

FEED GRAINS
Bayport Wheat             285.00 - 300.00
Bayport Oats              315.00
Bayport Barley            270.00
FOB Hm Soymeal            592.94
DDG's FOB Srn & Aylm      160.00 - 175.00

-- 
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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