[Farmmarketnews] Thursday Ontario Commodity Report

Farm Market News - Ontario Commodity Report farmmarketnews at lists.sentex.ca
Thu Feb 11 15:38:21 EST 2016


FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, February 11
(All Bases in CAD)
Bank of Canada Noon exchange rate was 1.393 down 0.0038
Chicago corn closed slightly lower to steady.

      MAR16   HI 3.62  3/4                    DEC16    HI 3.85
             LOW 3.58  1/2                            LOW 3.81  1/4
            CLOSE3.60  1/4  Unchanged               CLOSE 3.82  3/4  Down  3/4

            OLD CROP BASIS                          NEW CROP BASIS
Location    Spot   1mt   2mt   3mt  Adj $/bu   $/mt Cntrct  Adj   $/bu   $/mt
ELEVATORS        +MAY16+MAY16+JUL16
CK Low       1.00                        4.60 181.19  0.90         4.73 186.11
CK High      1.10                        4.70 185.13  1.00         4.83 190.05
CK Avg       1.04                  -0.38 4.64 182.83  0.95 -0.56   4.78 188.08
Essex Cty    1.10                        4.70 185.13  0.90         4.73 186.11
Mdsx Low     1.00                        4.60 181.19  0.95         4.78 188.08
Mdsx High    1.00                        4.60 181.19  0.95         4.78 188.08
Mdsx Avg     1.00                  -0.42 4.60 181.19  0.95 -0.56   4.78 188.08
Hensall      1.03                        4.63 182.18  0.98         4.80 189.07
Bruce        1.00                        4.60 181.19  0.95         4.78 188.08
Putnam       1.00                        4.60 181.19  0.95         4.78 188.08
Burford      1.00                        4.60 181.19  0.95         4.78 188.08
Port Perry   1.00                        4.60 181.19  0.95         4.78 188.08
Norfolk      1.05                        4.65 183.16  0.95         4.78 188.08
Palmerston   1.05                        4.65 183.16  0.95         4.78 188.08
Varna        1.05                        4.65 183.16  1.00         4.83 190.05
Trenton      1.10                        4.70 185.13  0.95         4.78 188.08
Winchester  N/A                                     N/A
North Gower  1.05                        4.65 183.16  1.10         4.93 193.99
Huron FOB    1.12                        4.72 185.92  1.00         4.83 190.05
Kent FOB     1.15                        4.75 187.10  0.95         4.78 188.08
Lamb FOB     1.10                        4.70 185.13  0.95         4.78 188.08
Mdsx FOB     1.00  1.00  1.05N/A         4.60 181.19  0.95         4.78 188.08
FOB SW Que  N/A                                     N/A
Track        1.34                        4.94 194.58N/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   N/A     1.30                   1.10         4.93 193.99
Sarn-Eth     1.25  1.30N/A   N/A         4.85 191.03N/A
Cllngwd-Eth N/A  N/A   N/A   N/A                     N/A*
London-Ing  N/A  N/A   N/A   N/A                      1.15         4.98 195.96
Pt.Colb-Ing N/A    1.40  1.45  1.45                 N/A
Cardnl-Ing  N/A  N/A   N/A   N/A                      1.20         5.03 197.92
W O Feed     1.45                   0.90 5.05 198.91

US Rep       1.85                   1.30 5.45 214.66
Toledo El.   0.13                        3.73 146.76 -0.32         3.51 138.05


MID SD CRN   1.05                        4.65 1/4
HI SD CRN    1.10                        4.70 1/4
*Wet Bid


Bank of Canada Noon exchange rate was 1.393 down 0.0038
Chicago soybeans closed slightly to moderately higher.

       MAR16   HI 8.74  1/4           NOV16    HI 8.88  1/2
              LOW 8.62                        LOW 8.77  1/2
             CLOSE8.73  1/2  Up 11 1/4      CLOSE 8.87  3/4  Up 10

             OLD CROP                             NEW CROP
Location     Basis 1mt  2mt  3mt Adj.  $/bu  $/mt BasisAdj.  $/bu  $/mt
ELEVATORS         +MAR1+MAY1+MAY16
CK Low       2.80                     11.54 423.842.60      11.48 421.73
CK High      2.90                     11.64 427.512.75      11.63 427.24
CK Average   2.86                -0.5811.60 426.172.69 -0.8211.56 424.85
Essex Cty    2.90                     11.64 427.512.75      11.63 427.24
Mdsx Low     2.81                     11.55 424.212.64      11.52 423.20
Mdsx High    2.90                     11.64 427.512.70      11.58 425.40
Mdsx Average 2.86                -0.5911.59 425.862.67 -0.8311.55 424.30
Hensall      2.88                     11.61 426.592.73      11.60 426.32
Bruce        2.90                     11.64 427.512.70      11.58 425.40
Putnam       2.80                     11.54 423.842.65      11.53 423.56
Burford      2.84                     11.58 425.312.67      11.55 424.30
Port Perry   2.78                     11.52 423.102.61      11.49 422.09
Norfolk      2.90                     11.64 427.512.70      11.58 425.40
Palmerston   2.85                     11.59 425.682.70      11.58 425.40
Varna        2.85                     11.59 425.682.75      11.63 427.24
Trenton      2.80                     11.54 423.842.65      11.53 423.56
Winchester    N/A                                  N/A
North Gower  2.81                     11.55 424.212.77      11.65 427.97
Huron FOB    3.00                     11.74 431.192.85      11.73 430.91
Kent FOB     3.05                     11.79 433.022.85      11.73 430.91
Lambton FOB  2.90                     11.64 427.512.80      11.68 429.07
Middlesex FOB3.05 3.05 3.16  N/A      11.79 433.022.81      11.69 429.44

PROCESSORS
Hamilton     3.46 3.46 3.47 3.54      12.20 448.093.22      12.10 444.51
Windsor       N/A  N/A  N/A  N/A                   N/A
Winchester    N/A                                  N/A

TRANSFER
Prescott     3.05                     11.79 433.023.20      12.08 443.77

Toledo El.   -0.29                     8.44 310.20-0.39      8.49 311.84


Bank of Canada Noon exchange rate was 1.393 down 0.0038
Chicago wheat closed slightly lower.
MAR16      HI     4.65  3/4             JUL16   HI         4.75
           LOW    4.57  3/4                     LOW        4.68
           CLOSE  4.58  1/4  Down 3             CLOSE   4.68  3/4  Down  3/4

Minni wheat closed narrowly mixed.
MAR16      HI     4.91  1/2             SEP16   HI      5.14  3/4
           LOW    4.84  1/2                     LOW     5.08  3/4
           CLOSE  4.86  1/4  Up  1/4            CLOSE   5.10   Down  1/2

GFO Cash Wheat Prices - DEL Terminal
Current Crop 15   Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 3.76          1.25            1.25          0.94
CAD $/bu              8.34          5.83            5.83          5.80
CAD $/tonne         306.45        214.25          214.25        213.22


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    1.05    N/A    N/A     0.75   0.70    N/A
London      3.51    0.86   1.07    N/A    1.10    0.75   0.68    N/A
Hensall     3.45    N/A    1.40    N/A    1.05    N/A    0.70    N/A
Trenton      N/A    N/A     N/A    N/A    N/A     N/A    0.70    N/A
Winchester   N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A
Essex        N/A    N/A    0.95    N/A    N/A     N/A    0.70    N/A
Norwich     3.45    N/A    1.40    N/A    1.15    N/A    0.70    N/A
Port Hope    N/A    0.90   1.40   1.25    N/A     0.65   0.70   0.65
Kent Bridge 3.45    N/A    0.70    N/A    1.15    N/A    0.70    N/A
Chatham      N/A    0.80   0.65    N/A    N/A     0.80   0.75    N/A
Brigden      N/A    N/A    0.65    N/A    N/A     N/A    0.75    N/A
Palmerston   N/A    0.60   1.25   0.95    N/A     0.70   0.80   0.75
Varna       3.50    0.80   1.40    N/A    1.20    0.70   0.75    N/A
Mitchell    3.45    0.80   1.40    N/A    1.05    0.60   0.70    N/A
Thornton     N/A    N/A     N/A   0.65    N/A     N/A     N/A    N/A
North Gower  N/A    1.15   1.15   0.83    N/A     0.82   0.83   1.06

TERMINAL
Prescott     N/A    1.10   0.16   1.10    N/A     1.25   1.15   1.35

PROCESSORS
Toledo FM   4.45    N/A    2.08    N/A    2.76    N/A    1.71    N/A

Toledo El. 4.65US         6.49CA        4.56US          6.36CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 16        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 1.08          1.08            0.94          1.18
CAD $/bu              5.77          5.77            5.63          6.28
CAD $/tonne         212.03        212.03          206.91        230.61

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

FEED GRAINS
Bayport Wheat              270.00
Bayport Oats              265.00
Bayport Barley            270.00
FOB Hm Soymeal            450.52
DDG's FOB Srn & Aylm      230.00


-- 
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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