[Farmmarketnews] Tuesday Ontario Commodity Report

Farm Market News - Ontario Commodity Report farmmarketnews at lists.sentex.ca
Tue Nov 10 16:06:37 EST 2015


FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, November 10
(All Bases in CAD)
Bank of Canada Noon exchange rate was 1.3259 down 0.0016
Chicago corn closed slightly to moderately lower.

      DEC15   HI 3.67  3/4                    DEC16    HI 3.95  3/4
             LOW 3.56                                 LOW 3.87
            CLOSE3.59   Down 7 3/4                  CLOSE 3.90  1/2  Down 4 1/2

            OLD CROP BASIS                          NEW CROP BASIS
Location    Spot   1mt   2mt   3mt  Adj $/bu   $/mt Cntrct  Adj   $/bu   $/mt
ELEVATORS        +DEC15+MAR16+MAR16
CK Low       0.80                        4.39 172.83  0.65         4.56 179.32
CK High      0.85                        4.44 174.80  0.75         4.66 183.26
CK Avg       0.83                  -0.35 4.42 173.81  0.73 -0.55   4.63 182.28
Essex Cty    0.85                        4.44 174.80  0.70         4.61 181.29
Mdsx Low     0.80                        4.39 172.83  0.75         4.66 183.26
Mdsx High    0.80                        4.39 172.83  0.75         4.66 183.26
Mdsx Avg     0.80                  -0.37 4.39 172.83  0.75 -0.52   4.66 183.26
Hensall      0.80                        4.39 172.83  0.75         4.66 183.26
Bruce        0.80                        4.39 172.83  0.75         4.66 183.26
Putnam       0.80                        4.39 172.83  0.75         4.66 183.26
Burford      0.80                        4.39 172.83  0.75         4.66 183.26
Port Perry   0.80                        4.39 172.83  0.75         4.66 183.26
Norfolk      0.85                        4.44 174.80  0.75         4.66 183.26
Palmerston   0.80                        4.39 172.83  0.70         4.61 181.29
Varna        0.80                        4.39 172.83  0.75         4.66 183.26
Trenton      0.75                        4.34 170.86  0.65         4.56 179.32
Winchester   0.90                        4.49 176.76  0.85         4.76 187.20
North Gower  0.85                        4.44 174.80  0.85         4.76 187.20
Huron FOB    0.85                        4.44 174.80  0.80         4.71 185.23
Kent FOB     0.85                        4.44 174.80  0.75         4.66 183.26
Lamb FOB     0.85                        4.44 174.80  0.75         4.66 183.26
Mdsx FOB     0.80  0.80N/A   N/A         4.39 172.83  0.75         4.66 183.26
FOB SW Que  N/A                                     N/A
Track        1.10                        4.69 184.64N/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    1.00  1.10  1.15                   0.95         4.86 191.13
Sarn-Eth     0.95  1.10  1.10  1.10      4.54 178.73N/A
Cllngwd-Eth N/A  N/A   N/A   N/A                     N/A*
London-Ing  N/A  N/A   N/A   N/A                      1.00         4.91 193.10
Pt.Colb-Ing N/A  N/A   N/A   N/A                    N/A
Cardnl-Ing  N/A    1.15  1.35  1.40                   1.05         4.96 195.07
W O Feed     1.24                   0.81 4.83 190.15

US Rep       1.60                   1.17 5.19 204.32
Toledo El.   0.16                        3.75 147.60 -0.57         3.33 131.28

TRANSFER
Sarnia      N/A                                     N/A
Pt. Stanley N/A                                     N/A
Hamilton    N/A                                     N/A

MID SD CRN   0.82   1/2                  4.41 1/2
HI SD CRN    0.85                        4.441
*Wet Bid


Bank of Canada Noon exchange rate was 1.3259 down 0.0016
Chicago soybeans closed slightly lower.

       JAN16   HI 8.68  1/2           NOV16    HI 8.75  1/2
              LOW 8.50                        LOW 8.59  1/4
             CLOSE8.55  1/2  Down 10 3/4    CLOSE 8.66  1/4  Down 7 3/4

             OLD CROP                             NEW CROP
Location     Basis 1mt  2mt  3mt Adj.  $/bu  $/mt BasisAdj.  $/bu  $/mt
ELEVATORS         +JAN1+JAN1+JAN16
CK Low       2.20                     10.76 395.181.80      10.46 384.43
CK High      2.25                     10.81 397.021.90      10.56 388.11
CK Average   2.23                -0.5710.78 396.161.86 -0.9710.52 386.51
Essex Cty    2.25                     10.81 397.021.85      10.51 386.27
Mdsx Low     2.19                     10.75 394.811.82      10.48 385.17
Mdsx High    2.20                     10.76 395.181.85      10.51 386.27
Mdsx Average 2.20                -0.6010.75 394.991.84 -0.9910.50 385.72
Hensall      2.20                     10.76 395.181.83      10.49 385.35
Bruce        2.20                     10.76 395.181.85      10.51 386.27
Putnam        N/A                                 1.85      10.51 386.27
Burford      2.26                     10.82 397.381.89      10.55 387.74
Port Perry   2.16                     10.72 393.711.79      10.45 384.06
Norfolk      2.25                     10.81 397.021.90      10.56 388.11
Palmerston   2.20                     10.76 395.181.80      10.46 384.43
Varna        2.20                     10.76 395.181.80      10.46 384.43
Trenton      2.20                     10.76 395.181.80      10.46 384.43
Winchester   2.24                     10.80 396.652.05      10.71 393.62
North Gower  2.22                     10.78 395.912.00      10.66 391.78
Huron FOB    2.35                     10.91 400.691.95      10.61 389.94
Kent FOB     2.25                     10.81 397.021.90      10.56 388.11
Lambton FOB  2.25                     10.81 397.021.90      10.56 388.11
Middlesex FOB2.39 2.45  N/A  N/A      10.95 402.162.03      10.69 392.88

PROCESSORS
Hamilton     2.78 2.85 2.85  N/A      11.34 416.492.40      11.06 406.48
Windsor       N/A  N/A  N/A  N/A                   N/A
Winchester    N/A                                  N/A

TRANSFER
Hamilton      N/A                                  N/A
Pt. Stanley   N/A                                  N/A
Sarnia        N/A                                  N/A
Owen Sound    N/A                                  N/A
Sorel QC      N/A                                  N/A

Toledo El.   -0.37                     8.18 300.69-0.50      8.16 299.77


Bank of Canada Noon exchange rate was 1.3259 down 0.0016
Chicago wheat closed moderately lower.
DEC15      HI         5.04              JUL16   HI      5.13  1/2
           LOW        4.88                      LOW        4.98
           CLOSE  4.90  3/4  Down 11            CLOSE   5.01  1/2  Down 9 1/4

Minni wheat closed slightly to moderately lower.
DEC15      HI     5.07  1/2             SEP16   HI      5.47  1/2
           LOW    4.93  1/4                     LOW        5.38
           CLOSE  4.97  1/2  Down 6 3/4         CLOSE   5.41   Down 5 3/4

GFO Cash Wheat Prices - DEL Terminal
Current Crop 15   Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 3.46          1.21            1.21          0.70
CAD $/bu              8.37          6.11            6.11          5.67
CAD $/tonne         307.58        224.68          224.68        208.47


Direct MarkHarvest 2015                 Harvest 2016
           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    0.75    N/A    N/A     0.90   0.45    N/A
London      3.48    0.89   0.89    N/A    1.39    0.99   0.46    N/A
Hensall     3.50    N/A    1.00    N/A    1.25    N/A    0.40    N/A
Trenton      N/A    N/A     N/A    N/A    N/A     N/A    0.40    N/A
Winchester   N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A
Essex        N/A    N/A    0.40    N/A    N/A     N/A    0.45    N/A
Norwich     3.50    N/A    1.00    N/A    1.35    N/A    0.40    N/A
Mt. Elgin    N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A
Kent Bridge 3.50    N/A    0.35    N/A    1.35    N/A    0.40    N/A
Chatham      N/A    0.95   0.40    N/A    N/A     1.00   0.45    N/A
Brigden      N/A    N/A    0.40    N/A    N/A     N/A    0.45    N/A
Palmerston   N/A    0.90   1.00   0.45    N/A     1.00   0.40   0.30
Varna       3.50    0.90   1.00    N/A    1.25    0.90   0.40    N/A
Mitchell    3.50    0.90   1.00    N/A    1.25    0.90   0.40    N/A
Thornton     N/A    N/A     N/A   0.71    N/A     N/A     N/A    N/A
North Gower  N/A    1.15   1.15   0.63    N/A     1.10   0.72   0.97

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     N/A    N/A
Pt. Stanley  N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A

PROCESSORS
Toledo FM     4.26N/A        1.87N/A        2.63N/A        1.64N/A

Toledo El. 5.08US         6.74CA        4.84US          6.41CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 16        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 1.64          1.30            0.77          1.04
CAD $/bu              6.65          6.32            5.79          6.45
CAD $/tonne         244.39        232.21          212.71        236.84

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

FEED GRAINS
Bayport Wheat              -
Bayport Oats               -
Bayport Barley             -
FOB Hm Soymeal            469.81
DDG's FOB Srn & Aylm      180.00 - 185.00



-- 
Blair Andrews
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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