[Farmmarketnews] Wednesday Ontario Commodity Report

Farm Market News - Ontario Commodity Report farmmarketnews at lists.sentex.ca
Wed Jul 13 15:39:54 EDT 2016


FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, July 13
(All Bases in CAD)
Bank of Canada Noon exchange rate was 1.2965 down 0.0051
Chicago corn closed moderately higher.

      SEP16   HI 3.67  1/2                    DEC16    HI 3.75  1/2
             LOW 3.52                                 LOW 3.59  3/4
            CLOSE3.62   Up 9 3/4                    CLOSE 3.69  3/4  Up 9 1/2

            OLD CROP BASIS                          NEW CROP BASIS
Location    Spot   1mt   2mt   3mt U.S. $/bu   $/mt Cntrct U.S.   $/bu   $/mt
ELEVATORS        +SEP16+DEC16+DEC16
CK Low       0.85                        4.47 175.98  0.70         4.40 173.12
CK High      0.90                        4.52 177.94  0.75         4.45 175.09
CK Avg       0.87                  -0.16 4.49 176.63  0.71 -0.32   4.41 173.45
Essex Cty    0.85                        4.47 175.98  0.70         4.40 173.12
Mdsx Low     0.85                        4.47 175.98  0.70         4.40 173.12
Mdsx High    0.90                        4.52 177.94  0.75         4.45 175.09
Mdsx Avg     0.88                  -0.15 4.50 176.96  0.73 -0.31   4.42 174.11
Hensall      0.90                        4.52 177.94  0.75         4.45 175.09
Bruce        0.90                        4.52 177.94  0.75         4.45 175.09
Putnam       0.80                        4.42 174.01  0.70         4.40 173.12
Burford      0.85                        4.47 175.98  0.70         4.40 173.12
Port Perry   0.80                        4.42 174.01  0.75         4.45 175.09
Norfolk      0.85                        4.47 175.98  0.70         4.40 173.12
Palmerston   0.85                        4.47 175.98  0.70         4.40 173.12
Varna        0.90                        4.52 177.94  0.75         4.45 175.09
Trenton      0.85                        4.47 175.98  0.75         4.45 175.09
Winchester   1.00                        4.62 181.88  0.90         4.60 181.00
North Gower  0.92                        4.54 178.73  0.90         4.60 181.00
Huron FOB    1.10                        4.72 185.82  0.80         4.50 177.06
Kent FOB     1.00                        4.62 181.88  0.75         4.45 175.09
Lamb FOB     1.05                        4.67 183.85  0.70         4.40 173.12
Mdsx FOB     0.95  0.95N/A   N/A         4.57 179.91  0.70         4.40 173.12
FOB SW Que   1.28                        4.90 192.90N/A
Track        1.28                        4.90 192.71N/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     1.25N/A                      N/A
Sarn-Eth     1.20  1.25  1.25  0.90      4.82 189.76  0.90         4.60 181.00
Kawartha    N/A  N/A   N/A   N/A                      0.95         4.65 182.96
London-Ing   1.37  1.37  1.40  1.48      4.99 196.45  0.90         4.60 181.00
Pt.Colb-Ing N/A    1.57  1.66  1.59                   1.03         4.73 186.11
Cardnl-Ing  N/A  N/A   N/A     1.40                   1.03         4.73 186.11
W O Feed     1.38                        5.00 196.92

US Rep       1.59                        5.21 205.11
Toledo El.   0.06                        3.68 145.06 -0.26         3.44 135.29


MID SD CRN                                            0.72   1/2   4.42 1/4
HI SD CRN                                             0.75         4.44 3/4
*Wet Bid


Bank of Canada Noon exchange rate was 1.2965 down 0.0051
Chicago soybeans closed slightly to moderately higher.

       AUG16   HI 11.34  3/4          NOV16    HI 11.19  1/2
              LOW 10.96  3/4                  LOW 10.81
             CLOSE11.22  3/4  Up 20 1/2     CLOSE 11.05  1/4  Up 18 1/4

             OLD CROP                             NEW CROP
Location     Basis 1mt  2mt  3mt U.S.  $/bu  $/mt BasisU.S.  $/bu  $/mt
ELEVATORS         +AUG1+NOV1+NOV16
CK Low       2.85                     14.08 517.262.60      13.65 501.64
CK High      2.95                     14.18 520.932.65      13.70 503.48
CK Average   2.91                -0.3214.14 519.402.62 -0.5813.67 502.26
Essex Cty    2.85                     14.08 517.262.60      13.65 501.64
Mdsx Low     2.90                     14.13 519.102.60      13.65 501.64
Mdsx High    2.90                     14.13 519.102.63      13.68 502.75
Mdsx Average 2.90                -0.3314.13 519.102.62 -0.5813.67 502.19
Hensall      2.88                     14.10 518.182.58      13.63 500.72
Bruce        2.90                     14.13 519.102.60      13.65 501.64
Putnam       2.60                     13.83 508.072.40      13.45 494.29
Burford      2.93                     14.16 520.202.66      13.71 503.85
Port Perry   2.90                     14.13 519.102.63      13.68 502.75
Norfolk      2.95                     14.18 520.932.60      13.65 501.64
Palmerston   2.85                     14.08 517.262.60      13.65 501.64
Varna        2.85                     14.08 517.262.55      13.60 499.81
Trenton      2.73                     13.96 512.852.55      13.60 499.81
Winchester    N/A                                 2.50      13.55 497.97
North Gower  2.65                     13.88 509.912.69      13.74 504.95
Huron FOB    3.00                     14.23 522.772.65      13.70 503.48
Kent FOB     3.10                     14.33 526.452.70      13.75 505.32
Lambton FOB  2.85                     14.08 517.262.85      13.90 510.83
Middlesex FOB2.94 3.20 3.16  N/A      14.17 520.572.87      13.92 511.56

PROCESSORS
Hamilton      N/A 3.46  N/A 3.15                  3.15      14.20 521.85
Windsor       N/A  N/A  N/A  N/A                   N/A
Winchester    N/A                                  N/A

TRANSFER
Prescott     2.00                     13.23 486.033.20      14.25 523.69

Toledo El.   -0.14                    11.08 407.30-0.42     10.63 390.77


Bank of Canada Noon exchange rate was 1.2965 down 0.0051
Chicago wheat closed slightly higher.
SEP16      HI     4.51  3/4             JUL17   HI         5.10
           LOW    4.36  3/4                     LOW     4.97  3/4
           CLOSE  4.39  3/4  Up 1 1/4           CLOSE   5.02   Up 2 3/4

Minni wheat closed slightly lower to steady.
SEP16      HI     5.12  1/4             SEP17   HI         5.65
           LOW    4.99  1/2                     LOW        5.60
           CLOSE  5.02  1/2  Unchanged          CLOSE   5.60   Down  3/4

GFO Cash Wheat Prices - DEL Terminal
Harvest 16        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 0.59          0.46            0.52          0.71
CAD $/bu              4.99          4.86            4.92          5.74
CAD $/tonne         183.23        178.47          180.85        210.73


Direct MarkHarvest 2016                 Harvest 2017
           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    0.20   0.30    N/A    N/A     N/A    0.35    N/A
London      0.57    0.24   0.47    N/A    0.55    0.48   0.42    N/A
Hensall     0.50    N/A    0.35    N/A    0.50    N/A    0.35    N/A
Trenton      N/A    N/A    0.40    N/A    N/A     N/A     N/A    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    0.45    N/A
Norwich     0.50    N/A    0.35    N/A    0.50    N/A    0.35    N/A
Port Hope    N/A    0.30   0.35   0.30    N/A     0.35   0.40    N/A
Kent Bridge 0.50    N/A    0.40    N/A    0.50    N/A    0.35    N/A
Chatham      N/A    0.20   0.40    N/A    N/A     N/A    0.35    N/A
Brigden      N/A    N/A    0.40    N/A    N/A     N/A    0.35    N/A
Palmerston   N/A    0.45   0.40   0.55    N/A     0.50   0.55   0.55
Varna       0.55    0.35   0.35    N/A    0.50    0.45   0.40    N/A
Mitchell    0.50    0.25   0.35    N/A    0.50    0.35   0.35    N/A
Thornton     N/A    N/A     N/A   -0.12   N/A     N/A     N/A    N/A
North Gower  N/A    0.38   0.44   0.64    N/A     N/A     N/A    N/A

TERMINAL
Prescott     N/A    0.75   0.75   1.15    N/A     0.60   0.65   0.45

PROCESSORS
Toledo FM   1.56    N/A    1.30    N/A    N/A     N/A    1.53    N/A

Toledo El. 4.33US         5.61CA        4.82US          6.29CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 17        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 1.01          0.94            0.42
CAD $/bu              6.03          5.96            5.44
CAD $/tonne         221.51        219.11          199.94

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

FEED GRAINS
FOB Hm Soymeal             581.04
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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